Friant, California Property Taxes
The median property tax rate in Friant, CA is 1.17%, which is higher than the national median of 0.99% but slightly below the California state median of 1.21%. With a median home value of $422,691 in Friant, the typical annual property tax bill amounts to $5,878, significantly surpassing the national median of $2,690. Property taxes in Friant are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Friant's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Friant or another part of Fresno County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Friant, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$4,945
$4,589
Ownwell’s Friant Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Friant with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Friant to provide an accurate estimate of your property tax bill. This valuable tool offers clarity on potential tax liabilities, helping you make informed decisions. For those interested in neighborhood-level trends, more localized information is available below. Your property's assessed value is determined by Fresno County for tax calculations and includes any applicable exemptions.
Property Tax Rates Across Friant, California
Property taxes in Friant, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Friant is 1.17%, which is higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Friant set these rates annually, and they can vary significantly across different neighborhoods. Each year, Friant 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 Friant's effective property tax rate to other counties in California and the national median. For comparison, the 93626 zip code has the highest median property tax rate of 1.17%, while the lowest median tax rate within the same zip code is also 1.17%. Understanding how these cities compare with Friant provides valuable insights into the varying tax landscape across Fresno County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Friant Tax Rate
1.17%
Average Fresno County Tax Rate
1.22%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Friant, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93626 | 1.05% | 1.11% | 1.17% | 1.54% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Friant, California
In Friant, 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 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 Friant, 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 Friant helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Friant is $422,691, with the highest and lowest median tax bills both recorded at $5,878 in the 93626 zip code.
Average Friant Assessed Value
$422,691
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 Friant, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93626 | $102,912 | $200,114 | $422,691 | $552,598 | $787,858 |
Source: Ownwell
Property Tax Bills Across Friant, California
In Friant, located in Fresno County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. Factors such as recent sales prices of comparable properties and improvements made to the property can influence this assessed value. Once the assessed value is established, the property tax rate is applied to calculate the tax bill. For homeowners in Friant, the property tax rate is a crucial factor affecting their annual tax bill. For example, with a median home price of $422,691, the tax bill can vary significantly. At the 25th percentile, homeowners might see a bill of around $2,362, while at the 75th percentile, it could rise to approximately $7,272. In some cases, it can even reach up to $9,093 at the 90th percentile. These tax bills can have a substantial impact on homeowners' finances, making it essential to understand how they are calculated and what factors are involved.
Average Friant Tax Bill
$5,878
Average Fresno County Tax Bill
$2,693
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Friant, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93626 | $1,516 | $2,362 | $5,878 | $7,272 | $9,093 |
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 |