Shaver Lake, California Property Taxes
The median property tax rate in Shaver Lake, CA is 1.18%, 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 $374,178, the typical annual property tax bill in Shaver Lake reaches $4,577, significantly exceeding the national median of $2,690. Property taxes in Shaver Lake are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Shaver Lake'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 Shaver Lake or another part of Fresno County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shaver Lake, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$4,415
$4,170
Ownwell’s Shaver Lake Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shaver Lake with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shaver Lake 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 Shaver Lake, California
Property taxes in Shaver Lake, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shaver Lake is 1.18%, which is significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Shaver Lake set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shaver Lake 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 Shaver Lake's effective property tax rate to other areas in Fresno County and the national median. For comparison, the zip code 93634 has the highest median property tax rate of 1.19%, while the zip code 93664 has the lowest median tax rate of 1.18%. Understanding how these areas compare with Shaver Lake 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 Shaver Lake 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 Shaver Lake, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93634 | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% |
| 93664 | 1.03% | 1.07% | 1.18% | 1.33% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across Shaver Lake, California
In Shaver Lake, 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'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 Shaver Lake, 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 Shaver Lake helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 93634 at $5,014, while the lowest is 93664 at $4,572.
Average Shaver Lake Assessed Value
$374,178
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 Shaver Lake, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93634 | $421,630 | $421,630 | $421,630 | $421,630 | $421,630 |
| 93664 | $114,322 | $223,674 | $374,114 | $573,262 | $802,133 |
Source: Ownwell
Property Tax Bills Across Shaver Lake, California
In Shaver Lake, located in Fresno County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This assessed value is typically a percentage of the property's market value. For homeowners in Shaver Lake, the median home price is $374,178. The property tax rate in this region is influenced by local levies and the state's tax regulations. Homeowners can expect their tax bills to vary significantly. For instance, the 25th percentile of tax bills is around $2,787, while those in the 75th percentile see bills closer to $6,548. At the higher end, the 90th percentile tax bill reaches up to $9,177. These figures illustrate the range of property tax burdens depending on the home's assessed value and specific local tax rates. Comparatively, the national median property tax rate is 0.99%, making it essential for Shaver Lake homeowners to understand their local tax obligations. The highest median tax bill in the area is $5,014, while the lowest is $4,572, reflecting the diverse property values and tax rates within different zip codes.
Average Shaver Lake Tax Bill
$4,577
Average Fresno County Tax Bill
$2,693
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Shaver Lake, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93634 | $5,014 | $5,014 | $5,014 | $5,014 | $5,014 |
| 93664 | $1,728 | $2,787 | $4,572 | $6,541 | $9,174 |
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 |