Orosi, California Property Taxes
The median property tax rate in Orosi, CA is 1.10%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $411,656, the typical annual property tax bill in Orosi reaches $4,511, surpassing the national median of $2,690. Property taxes in Orosi are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Orosi'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 Orosi 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
Orosi, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$4,528
$4,202
Ownwell’s Orosi Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orosi with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orosi 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 Orosi, California
Property taxes in Orosi, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orosi is 1.10%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Orosi set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orosi 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 Orosi's effective property tax rate to other counties in California and the national median. For comparison, the 93647 zip code has the highest median property tax rate of 1.10%, while the 93647 zip code also has the lowest median tax rate of 1.10%. Understanding how these cities compare with Orosi 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 Orosi 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 Orosi, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93647 | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Orosi, California
In Orosi, 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 Orosi, 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 Orosi helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 93647, both at $4,511.
Average Orosi Assessed Value
$411,656
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 Orosi, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93647 | $411,656 | $411,656 | $411,656 | $411,656 | $411,656 |
Source: Ownwell
Property Tax Bills Across Orosi, California
Property tax bills in Orosi, located in Fresno County, CA, are determined based on the assessed value of a property, which is typically a percentage of its market value. The median home price in Orosi is $411,656. The property tax rate in this region influences the final tax bill homeowners receive. For instance, the median property tax bill in Orosi is $4,511, which is significantly higher than the national median property tax rate of 0.99%. This means homeowners in Orosi can expect to pay a substantial amount annually in property taxes. Several factors contribute to the calculation of the property tax bill, including the property's assessed value, any applicable exemptions, and the local tax rate set by Fresno County. These taxes are crucial for funding local services such as schools, infrastructure, and emergency services. Homeowners in Orosi should be aware of these factors as they can significantly impact their annual financial obligations and the overall cost of owning a home in this region.
Average Orosi Tax Bill
$4,511
Average Fresno County Tax Bill
$2,693
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Orosi, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93647 | $4,511 | $4,511 | $4,511 | $4,511 | $4,511 |
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 |