Reedley, California Property Taxes
The median property tax rate in Reedley, CA is 1.11%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Reedley at $133,621, the typical annual property tax bill amounts to $1,523, which is below the national median of $2,690. Property taxes in Reedley are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Reedley's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Reedley or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Reedley, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Reedley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Reedley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Reedley to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Reedley, California
Property taxes in Reedley, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Reedley is 1.11%, which is higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Reedley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Reedley estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Reedley's effective property tax rate to other regions in California and the national median. For comparison, the 93654 zip code has the highest median property tax rate of 1.11%, while the same zip code also has the lowest median tax rate of 1.11%. Understanding how these cities compare with Reedley provides valuable insights into the varying tax landscape across Tulare County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Reedley Tax Rate
1.11%
Average Tulare County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Reedley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93654 | 1.06% | 1.07% | 1.11% | 1.15% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Reedley, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Reedley, California. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Tulare County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Reedley, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Reedley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 93654 in Reedley has a median tax bill of $1,523, reflecting the local property tax landscape.
Average Reedley Assessed Value
$133,621
Average Tulare County Assessed Value
$173,848
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Reedley, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93654 | $73,553 | $80,288 | $133,621 | $197,424 | $218,427 |
Source: Ownwell
Property Tax Bills Across Reedley, California
In Reedley, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This assessed value is typically a percentage of the market value of the home. Homeowners in Reedley can expect their property tax bills to vary significantly depending on the value of their property. For instance, the median home price in Reedley is $133,621, which influences the tax calculations. Property tax bills in Reedley range from the 25th percentile at $1,116 to the 75th percentile at $2,370, with the 90th percentile reaching up to $2,753. These figures are relatively close to the national median property tax rate of 0.99%. However, all properties within the 93654 zip code have a consistent median tax bill of $1,523, which reflects the uniformity in the assessment practices within this area. For homeowners, understanding these factors can help in budgeting for annual property taxes and recognizing how fluctuations in property values might impact their tax obligations.
Average Reedley Tax Bill
$1,523
Average Tulare County Tax Bill
$1,854
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Reedley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93654 | $829 | $1,116 | $1,523 | $2,370 | $2,753 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Tulare Tax Assessor | |
| Website | common1.mptsweb.com |