Prather, California Property Taxes
The median property tax rate in Prather, CA is 1.01%, slightly above the national median of 0.99% but below the California state median of 1.21%. With a median home value of $327,019 in Prather, the typical annual property tax bill amounts to $3,238, surpassing the national median of $2,690. Property taxes in Prather are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Prather'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 Prather 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
Prather, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$3,303
$3,065
Ownwell’s Prather Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Prather. By simply entering your property's estimated assessed value, our calculator applies the median tax rate specific to Prather to provide an accurate estimate of your property tax bill. This invaluable tool helps you gain a clear understanding of your potential tax liabilities. For those interested in more detailed insights at the neighborhood level, additional localized information is available below. Your property's assessed value, determined by the county for tax purposes, includes any applicable exemptions, ensuring a precise calculation.
Property Tax Rates Across Prather, California
Property taxes in Prather, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Prather is 1.01%, higher than the U.S. national median of 0.99%. Local government entities within Prather set these rates annually, and they can vary significantly across different neighborhoods. Each year, Prather 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 Prather's effective property tax rate to other counties in California and the national median. For comparison, the 93651 ZIP code has the highest median property tax rate of 1.01%, while the same ZIP code also has the lowest median tax rate of 1.01%. Understanding how these areas compare with Prather 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 Prather Tax Rate
1.01%
Average Fresno County Tax Rate
1.22%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Prather, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93651 | 0.95% | 0.98% | 1.01% | 1.01% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Prather, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Prather, CA. 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 Prather, 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 Prather helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 93651 has both the highest and lowest median tax bill at $3,238.
Average Prather Assessed Value
$327,019
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 Prather, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93651 | $133,284 | $220,672 | $327,019 | $423,831 | $561,000 |
Source: Ownwell
Property Tax Bills Across Prather, California
In Prather, located in Fresno County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. The assessed value is typically a percentage of the market value of the property. Homeowners in Prather can expect their property tax bills to vary significantly depending on their property's assessed value and specific local tax rates. The median home price in Prather is $327,019, and property tax bills range widely. At the 25th percentile, homeowners might pay around $2,156, while those at the 75th percentile could see bills as high as $4,245. For the top 10% of property values, tax bills can reach up to $5,645. These taxes fund essential local services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, homeowners in Prather experience a varied but generally higher tax burden, reflecting the region's property values and local tax policies.
Average Prather Tax Bill
$3,238
Average Fresno County Tax Bill
$2,693
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Prather, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93651 | $1,352 | $2,156 | $3,238 | $4,245 | $5,645 |
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 |