Alabama Hills, California Property Taxes
The median property tax rate in Alabama Hills, CA is 0.96%, slightly below the national median of 0.99% and significantly lower than the California state median of 1.21%. With the median home value in Alabama Hills at $14,391, the typical annual property tax bill is $138, which is far below the national median of $2,690. Property taxes in Alabama Hills are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Alabama Hills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Alabama Hills or another part of Inyo County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Alabama Hills, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$138
$130
Ownwell’s Alabama Hills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Alabama Hills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alabama Hills 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 Alabama Hills, California
Property taxes in Alabama Hills, California, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Alabama Hills is 0.96%, which is slightly below the U.S. national median of 0.99%. Local government entities within Alabama Hills set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alabama Hills 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 Alabama Hills' effective property tax rate to other areas in Inyo County and the national median. For comparison, the zip code 93545 has both the highest and lowest median property tax rate of 0.96%. Understanding how these areas compare with Alabama Hills 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 Alabama Hills Tax Rate
0.96%
Average Inyo County Tax Rate
1.02%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alabama Hills, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93545 | 0.96% | 0.96% | 0.96% | 0.98% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Alabama Hills, California
In Alabama Hills, 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 Alabama Hills, 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 Alabama Hills helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $138.00, found in the zip code 93545.
Property Tax Assessment Values Across Alabama Hills, California
Source: Ownwell
$5,740
$418,381
$831,022
Average Alabama Hills Assessed Value
$14,391
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 Alabama Hills, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93545 | $11,815 | $12,781 | $14,391 | $18,156 | $20,414 |
Source: Ownwell
Property Tax Bills Across Alabama Hills, California
In Alabama Hills, located in Inyo County, CA, property tax bills are calculated based on the assessed value of the property. The tax rate is applied to the assessed value to determine the annual tax bill. Factors such as the property's market value, any applicable exemptions, and local tax rates are considered in this calculation. For instance, the median home price in Alabama Hills is $14,391, and homeowners in the 25th percentile typically receive a tax bill of $123, while those in the 75th percentile see bills around $178. At the 90th percentile, tax bills can reach up to $202. Comparatively, the national median property tax rate stands at 0.99%, making Alabama Hills' tax rates relatively moderate. This system ensures that property taxes are proportionate to the value of the home, impacting homeowners by aligning their tax obligations with their property’s worth. This approach helps maintain fairness and equity in the local tax system, ensuring that homeowners contribute appropriately to community resources and services.
Average Alabama Hills Tax Bill
$138
Average Inyo County Tax Bill
$1,960
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Alabama Hills, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93545 | $114 | $123 | $138 | $178 | $202 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Inyo Tax Assessor | |
| Website | ca-inyo.publicaccessnow.com |