Aberdeen, California Property Taxes
The median property tax rate in Aberdeen, CA is 0.49%, considerably lower than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Aberdeen at $831,022, the typical annual property tax bill reaches $2,037, which is below the national median of $2,690. Property taxes in Aberdeen 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 Aberdeen'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 Aberdeen 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
Aberdeen, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.49%
Estimate Property Tax Bill
$4,072
$3,779
Ownwell’s Aberdeen Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aberdeen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aberdeen 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 Aberdeen, California
Property taxes in Aberdeen, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Aberdeen is 0.49%, which is significantly lower than both the California state median and the U.S. national median of 0.99%. Local government entities within Aberdeen set these rates annually, and they can vary across different neighborhoods. Each year, Aberdeen 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 Aberdeen's effective property tax rate to other areas in California and the national median. For comparison, the zip code 93526 has the highest median property tax rate of 0.49%, while the lowest median tax rate is also 0.49% in the same zip code. Understanding how these areas compare with Aberdeen provides valuable insights into the varying tax landscape across Inyo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aberdeen Tax Rate
0.49%
Average Inyo County Tax Rate
1.02%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aberdeen, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93526 | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% |
Source: Ownwell
Property Tax Assessment Values Across Aberdeen, California
In Aberdeen, 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 Inyo 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 Aberdeen, 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 Aberdeen 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 in Aberdeen is 93526, with a median tax bill of $2037.
Average Aberdeen Assessed Value
$831,022
Average Inyo County Assessed Value
$188,456
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aberdeen, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93526 | $831,022 | $831,022 | $831,022 | $831,022 | $831,022 |
Source: Ownwell
Property Tax Bills Across Aberdeen, California
In Aberdeen, located in Inyo County, CA, property tax bills are calculated based on the assessed value of a home, which is typically determined by the county assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For example, with a median home price of $831,022, homeowners can expect varying tax bills depending on their specific property value and applicable exemptions. The tax bill in Aberdeen can range significantly. At the 25th percentile, homeowners might see a tax bill around $1,028, while those at the 75th percentile could face bills closer to $3,046. For properties at the 90th percentile, tax bills can reach up to $3,652. These variations are influenced by factors such as property improvements, location, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, the tax rates in Aberdeen reflect the unique economic and real estate conditions of the region, impacting homeowners' annual financial obligations.
Average Aberdeen Tax Bill
$2,037
Average Inyo County Tax Bill
$1,960
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Aberdeen, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93526 | $423 | $1,028 | $2,037 | $3,046 | $3,652 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
|---|
Links | |
|---|---|
| Inyo Tax Assessor | |
| Website | ca-inyo.publicaccessnow.com |