Little Lake, Inyo County, California Property Taxes

Name: Property Tax Bills Across Little Lake, Inyo County, California
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Little Lake, CA effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Little Lake, CA home value: $11,201
Median annual Little Lake, CA tax bill: $71, $2,329 lower than the national median property tax bill of $2,400.

How are property taxes in Inyo County calculated?

Property taxes in Little Lake, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Little Lake’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Little Lake, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Little Lake, Inyo County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.95%

Estimate Property Tax Bill

$106

$99

Ownwell’s Little Lake Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Little Lake with just two data points. By entering your property's estimated assessed value, our calculator applies Little Lake’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Inyo. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Little Lake, Inyo County, California

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Little Lake in Inyo County, CA, has an effective property tax rate that aligns closely with the county's average, reflecting the consistency in tax assessments within this region. Compared to the national median property tax rate of 1.02%, Little Lake's rate is relatively competitive, offering residents a potentially lower tax burden. This makes Little Lake an attractive option for property owners seeking a balance between affordable living and access to local services. Understanding these nuances can help property owners make informed decisions about their investments, ensuring they maximize their property's value while minimizing tax liabilities.

Property Tax Rates Across Little Lake, Inyo County, California

Source: Ownwell

0.60%

1.09%

1.58%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Little Lake Tax Rate

0.95%

Median Effective Inyo County Tax Rate

1.02%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Little Lake, Inyo County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
93542	0.61%	0.61%	0.95%	2.73%	3.23%

Source: Ownwell

Property Tax Assessment Values Across Little Lake, Inyo County, California

When examining property taxes in Little Lake, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Inyo County assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Inyo County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Little Lake. For example, the median home price in Little Lake is $11,201, with tax bills ranging significantly across the county. Zip code 93542 has the highest median home price at $11,201.

Property Tax Assessment Values Across Little Lake, Inyo County, California

Source: Ownwell

$11,201

$129,685

$248,169

Median Little Lake Market Value

$11,201

Median Inyo County Market Value

$188,456

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Little Lake, Inyo County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
93542	$2,840	$8,461	$11,201	$11,201	$30,904

Source: Ownwell

Property Tax Bills Across Little Lake, Inyo County, California

In Little Lake, located in Inyo County, CA, property tax bills are determined based on the assessed value of a home. The assessed value is typically a percentage of the home's market value. Homeowners in this region face varying tax bills, with the 25th percentile at $69, the 75th percentile at $231, and the 90th percentile reaching $323. Comparatively, these figures are significantly lower than the national median property tax bill of $2,400. Such differences can be attributed to the local tax rate and the relatively low median home price of $11,201.

For homeowners looking to reduce their property tax burden, Ownwell offers valuable services. By examining the assessed value and ensuring it aligns accurately with the current market value, Ownwell can help identify opportunities for appeals and exemptions. This proactive approach can lead to substantial savings, ensuring homeowners are not overpaying on their property taxes. Through expert guidance, Ownwell aids homeowners in navigating the complexities of property tax assessments to secure the most favorable outcomes.

Property Tax Bills Across Little Lake, Inyo County, California

Source: Ownwell

$71

$1,287

$2,503

Median Little Lake Tax Bill

$71

Median Inyo County Tax Bill

$1,960

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Little Lake, Inyo County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
93542	$69	$69	$71	$231	$323

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Inyo Tax Assessor
Website	ca-inyo.publicaccessnow.com