Caruthers, California Property Taxes
The median property tax rate in Caruthers, CA is 1.10%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Caruthers at $150,046, the typical annual property tax bill is $1,644, which is below the national median of $2,690. Property taxes in Caruthers are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Caruthers' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Caruthers 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
Caruthers, 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 Caruthers Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Caruthers with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Caruthers 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 Caruthers, California
Property taxes in Caruthers, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Caruthers is 1.10%, which is higher than the U.S. national median of 0.99%. Local government entities within Caruthers set these rates annually, and they can vary significantly across different neighborhoods. Each year, Caruthers 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. Understanding how Caruthers' effective property tax rate compares to other areas in Fresno County and the national median provides valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Caruthers Tax Rate
1.10%
Average Fresno County Tax Rate
1.22%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Caruthers, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93609 | 0.99% | 1.06% | 1.10% | 1.14% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Caruthers, California
In Caruthers, California, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Fresno County Assessor's Office 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 Caruthers, 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 Caruthers helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $1,644 in zip code 93609, highlighting the consistency in tax assessments within the area.
Average Caruthers Assessed Value
$150,046
Average Fresno County Assessed Value
$220,090
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Caruthers, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93609 | $53,727 | $96,572 | $150,046 | $229,526 | $310,713 |
Source: Ownwell
Property Tax Bills Across Caruthers, California
In Caruthers, Fresno County, CA, property tax bills are determined by a combination of the assessed property value and the applicable tax rate. The assessed value is typically based on the market value of the property at the time of purchase or when significant improvements are made. This value is then subject to a tax rate set by local authorities. Homeowners in Caruthers can expect their tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $1,039, while at the 75th percentile, it rises to $2,504. At the 90th percentile, homeowners might see tax bills as high as $3,845. The median home price in Caruthers is $150,046, and the median tax bill is $1,644, which is higher than the national median property tax rate of 0.99%. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. For homeowners, understanding these factors can help in financial planning and property investment decisions.
Average Caruthers Tax Bill
$1,644
Average Fresno County Tax Bill
$2,693
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Caruthers, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93609 | $566 | $1,039 | $1,644 | $2,504 | $3,845 |
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 | |
|---|---|
| Fresno Tax Assessor | |
| Website | www.co.fresno.ca.us |