Imperial, California Property Taxes
The median property tax rate in Imperial, CA is 1.13%, which is higher than the national median of 0.99% but slightly lower than the California state median of 1.21%. With the median home value in Imperial at $251,683, the typical annual property tax bill reaches $3,073, surpassing the national median of $2,690. Property taxes in Imperial are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Imperial'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 Imperial 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
Imperial, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$2,844
$2,686
Ownwell’s Imperial Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Imperial with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Imperial 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 Imperial, California
Property taxes in Imperial, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Imperial is 1.13%, which is higher than the U.S. national median of 0.99%. Local government entities within Imperial set these rates annually, and they can vary significantly across different neighborhoods. Each year, Imperial 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 Imperial's effective property tax rate to other regions and the national median. For comparison, the zip code 92251 has the highest median property tax rate of 1.13%, while the same zip code also has the lowest median tax rate of 1.13%. Understanding how these areas compare with Imperial provides valuable insights into the varying tax landscape across Imperial County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Imperial Tax Rate
1.13%
Average Imperial County Tax Rate
1.13%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Imperial, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92251 | 1.02% | 1.11% | 1.13% | 1.36% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Imperial, California
In Imperial, 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 Imperial 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 Imperial, 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 Imperial helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is $3,073 in the 92251 zip code, while the lowest is also $3,073 in the same zip code. This indicates a uniformity in tax bills across different areas within Imperial.
Average Imperial Assessed Value
$251,683
Average Imperial County Assessed Value
$178,448
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Imperial, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92251 | $106,211 | $176,900 | $251,683 | $307,745 | $368,274 |
Source: Ownwell
Property Tax Bills Across Imperial, California
In Imperial, CA, property tax bills are calculated based on the assessed value of a property, which is determined by the Imperial County Assessor's Office. The assessed value is typically a percentage of the property's market value. Homeowners in Imperial can expect a median property tax rate of approximately 1.22%, slightly above the national median of 0.99%. This means that for a home with a median price of $251,683, the annual property tax bill would be around $3,073. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and the specific tax rate set by local taxing authorities. The tax bill can vary significantly, with the 25th percentile at $1,946 and the 75th percentile at $4,099, reaching up to $4,925 for the 90th percentile. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners. Understanding these factors can help homeowners anticipate their annual financial obligations and plan accordingly.
Average Imperial Tax Bill
$3,073
Average Imperial County Tax Bill
$2,053
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Imperial, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92251 | $995 | $1,946 | $3,073 | $4,099 | $4,925 |
Source: Ownwell