Hume, California Property Taxes
The median property tax rate in Hume, CA is 1.18%, which is higher than the national median of 0.99% but slightly lower than the California state median of 1.21%. With a median home value of $244,883 in Hume, the typical annual property tax bill amounts to $2,881, surpassing the national median of $2,690. Property taxes in Hume are determined based on the assessed value rather than the market value, often resulting in a lower taxable amount due to exemptions like the primary residence and agricultural exemptions. Navigating Hume's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial yearly savings. Whether you're in the heart of Hume or another part of Fresno County, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Hume, 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 Hume Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hume with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hume 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 Hume, California
Property taxes in Hume, California, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Hume is 1.18%, which is higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Hume set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hume 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 Hume's effective property tax rate to other counties in California and the national median. For comparison, the 93628 zip code has the highest median property tax rate of 1.18%, while the same zip code also has the lowest median tax rate of 1.18%. Understanding how these cities compare with Hume 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 Hume Tax Rate
1.18%
Average Fresno County Tax Rate
1.22%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hume, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93628 | 1.17% | 1.18% | 1.18% | 1.18% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Hume, California
In Hume, 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 Hume, 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. The median home price in Hume is $244,883, with tax bills ranging significantly. The zip code 93628 has the highest and lowest median tax bill at $2,881. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hume Assessed Value
$244,883
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 Hume, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93628 | $88,733 | $156,392 | $244,883 | $356,168 | $488,611 |
Source: Ownwell
Property Tax Bills Across Hume, California
In Hume, located in Fresno County, CA, property tax bills are primarily determined by the assessed value of a home. This assessed value is often based on the purchase price of the property, with annual adjustments for inflation not exceeding 2% as per Proposition 13. Several factors influence the tax bill, including the property's market value, any applicable exemptions, and local tax rates. For homeowners in Hume, the median home price is $244,883. Property tax bills can vary significantly, with the 25th percentile paying around $1,850 and those in the 75th percentile facing bills up to $4,113. At the higher end, the 90th percentile of homeowners might see tax bills as high as $5,803. The highest median tax bill in Fresno County is $2,881, which is notably higher than the national median property tax rate of 0.99%. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents. Understanding how these factors interplay can help homeowners in Hume better manage their financial planning.
Average Hume Tax Bill
$2,881
Average Fresno County Tax Bill
$2,693
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Hume, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93628 | $1,047 | $1,850 | $2,881 | $4,113 | $5,803 |
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 |