Westmorland, California Property Taxes
The median property tax rate in Westmorland, CA is 1.09%, 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 $103,900 in Westmorland, the typical annual property tax bill is $1,075, which is below the national median of $2,690. Property taxes in Westmorland 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 Westmorland'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 Westmorland 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
Westmorland, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$1,133
$1,051
Ownwell’s WESTMORLAND Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WESTMORLAND with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WESTMORLAND 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 Westmorland, California
Property taxes in Westmorland, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Westmorland is 1.09%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Westmorland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Westmorland 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 Westmorland's effective property tax rate to other counties in California and the national median. For comparison, the 92281 zip code has the highest median property tax rate of 1.09%, while the same zip code has the lowest median tax rate of 1.09%. Understanding how these cities compare with Westmorland 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 Westmorland Tax Rate
1.09%
Average Imperial County Tax Rate
1.13%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Westmorland, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92281 | 0.93% | 1.02% | 1.09% | 1.09% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Westmorland, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Westmorland, 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 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. Assessment notices are typically mailed out in the spring, usually by mid-April, providing 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. For example, the median home price in Westmorland is $103,900, with tax bills ranging from $591 at the 25th percentile to $2,092 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Westmorland Assessed Value
$103,900
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 Westmorland, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92281 | $31,777 | $60,255 | $103,900 | $150,422 | $208,417 |
Source: Ownwell
Property Tax Bills Across Westmorland, California
In Westmorland, located in Imperial County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Westmorland face a median property tax rate that is influenced by local government budgets and voter-approved measures. For instance, with a median home price of $103,900, property tax bills vary significantly. The 25th percentile tax bill is around $591, while the 75th percentile reaches $1,529, and the 90th percentile climbs to $2,092. This range illustrates how property taxes can fluctuate based on property values and specific tax rates within the city. Compared to the national median property tax rate of 0.99%, Westmorland's property tax rates can have a notable impact on homeowners, affecting their annual expenses and overall cost of living. Understanding these factors helps homeowners plan their finances and anticipate their tax liabilities.
Average Westmorland Tax Bill
$1,075
Average Imperial County Tax Bill
$2,053
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Westmorland, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92281 | $292 | $591 | $1,075 | $1,529 | $2,092 |
Source: Ownwell