Death Valley, California Property Taxes
The median property tax rate in Death Valley, CA is 0.60%, which is significantly lower than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Death Valley, the typical annual property tax bill is $260, far below the national median of $2,690. Property taxes in Death Valley are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Death Valley'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 Death Valley 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
Death Valley, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$234
$217
Ownwell’s DEATH VALLEY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in DEATH VALLEY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in DEATH VALLEY 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 Death Valley, California
Property taxes in Death Valley, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Death Valley is 0.60%, which is lower than both the California state median and the U.S. national median of 0.99%. Local government entities within Death Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Death Valley 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 Death Valley's effective property tax rate to other counties in California and the national median. For comparison, the zip code 92328 has both the highest and lowest median property tax rate of 0.60%. Understanding how these areas compare with Death Valley 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 Death Valley Tax Rate
0.60%
Average Inyo County Tax Rate
1.02%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Death Valley, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92328 | 0.57% | 0.59% | 0.60% | 0.96% | 2.03% |
Source: Ownwell
Property Tax Assessment Values Across Death Valley, California
In Death Valley, 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 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 Death Valley, 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 Death Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 92328 has both the highest and lowest median tax bill at $260.
Average Death Valley Assessed Value
$38,974
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 Death Valley, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92328 | $5,791 | $23,668 | $38,974 | $43,760 | $49,503 |
Source: Ownwell
Property Tax Bills Across Death Valley, California
In Death Valley, 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 homeowners in Death Valley, the median home price is $38,974. The property tax rate in this area is relatively low compared to the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's assessed value, any applicable exemptions, and local tax rates. Homeowners in Death Valley can expect tax bills to vary significantly; for instance, tax bills at the 25th percentile are around $202, while those at the 75th percentile reach approximately $476. At the 90th percentile, tax bills can be as high as $640. These figures highlight the range of property tax obligations that homeowners in this region might face, directly impacting their annual financial planning and overall cost of homeownership.
Average Death Valley Tax Bill
$260
Average Inyo County Tax Bill
$1,960
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Death Valley, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92328 | $76 | $202 | $260 | $476 | $640 |
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 |