Huntington Park, California Property Taxes
The median property tax rate in Huntington Park, CA is 1.02%, slightly above the national median of 0.99% but below the California state median of 1.21%. With the median home value in Huntington Park at $253,082, the typical annual property tax bill amounts to $2,666, just under the national median of $2,690. Property taxes in Huntington Park are calculated based on the assessed value, which often falls below the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Huntington Park'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 Huntington Park 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
Huntington Park, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$2,581
$2,396
Ownwell’s Huntington Park Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Huntington Park with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Huntington Park 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 Huntington Park, California
Property taxes in Huntington Park, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Huntington Park is 1.02%, which is notably higher than the U.S. national median of 0.99%. Local government entities within Huntington Park set these rates annually, and they can vary significantly across different neighborhoods. Each year, Huntington Park 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 Huntington Park's effective property tax rate to other areas in California and the national median. For comparison, the zip code 90255 has the highest median property tax rate of 1.02%, while the lowest median tax rate is also 1.02%. Understanding how these areas compare with Huntington Park 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 Huntington Park Tax Rate
1.02%
Average Fresno County Tax Rate
1.22%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Huntington Park, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90255 | 0.91% | 0.98% | 1.02% | 1.02% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Huntington Park, California
In Huntington Park, 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 Appraisal District 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 Huntington Park, 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. The median home price in Huntington Park is $253,082, with tax bills ranging from $2,263 at the 25th percentile to $5,621 at the 90th percentile. The highest and lowest median tax bills in the area are both $2,666, found in zip code 90255. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Huntington Park, California
Source: Ownwell
$35,234
$252,720
$470,206
Average Huntington Park Assessed Value
$253,082
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 Huntington Park, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90255 | $158,801 | $218,845 | $253,082 | $305,000 | $423,102 |
Source: Ownwell
Property Tax Bills Across Huntington Park, California
In Huntington Park, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The assessed value is typically a percentage of the market value, and in California, this is often set at 1% of the market value, plus voter-approved local taxes and assessments. Homeowners in Huntington Park, located in Fresno County, see property tax bills that can vary significantly. The 25th percentile tax bill is approximately $2,263, while the 75th percentile tax bill reaches around $3,339. For those at the higher end, the 90th percentile tax bill can be as much as $5,621. To put this into perspective, the national median property tax rate is 0.99%. Property taxes in Huntington Park can significantly impact homeowners, as they are a substantial annual expense. It's crucial for homeowners to understand these factors to manage their finances effectively and consider potential savings through property tax appeals or exemptions.
Average Huntington Park Tax Bill
$2,666
Average Fresno County Tax Bill
$2,693
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Huntington Park, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90255 | $1,645 | $2,263 | $2,666 | $3,339 | $5,621 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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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 | |
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Fresno Tax Assessor | |
Website | www.co.fresno.ca.us |