Bodfish, California Property Taxes
The median property tax rate in Bodfish, CA is 1.25%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Bodfish, the typical annual property tax bill reaches $979, falling below the national median of $2,690. Property taxes in Bodfish 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 Bodfish'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 Bodfish 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
Bodfish, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$1,000
$928
Ownwell’s Bodfish Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bodfish with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bodfish 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 Bodfish, California
Property taxes in Bodfish, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bodfish is 1.25%, significantly higher than the U.S. national median of 0.99%. Local government entities within Bodfish set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bodfish 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 Bodfish's effective property tax rate to other counties in California and the national median. For comparison, the 93205 zip code has both the highest and lowest median property tax rate of 1.25%. Understanding how these cities compare with Bodfish provides valuable insights into the varying tax landscape across Kern County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bodfish Tax Rate
1.25%
Average Kern County Tax Rate
1.42%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bodfish, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93205 | 1.13% | 1.18% | 1.25% | 1.40% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across Bodfish, California
In Bodfish, 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 Kern 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 Bodfish, 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. Bodfish homeowners should be aware that the zip code 93205 has both the highest and lowest median tax bills at $979. By being informed about these valuation processes, property owners can identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Bodfish Assessed Value
$80,011
Average Kern County Assessed Value
$197,658
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bodfish, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93205 | $27,286 | $47,162 | $80,011 | $130,502 | $181,513 |
Source: Ownwell
Property Tax Bills Across Bodfish, California
In Bodfish, located in Kern County, CA, property tax bills are calculated based on the assessed value of a home. The process begins with the county assessor determining the market value of the property. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For Bodfish, the median home price is $80,011, and property tax bills can vary significantly. For instance, homeowners in the 25th percentile can expect to pay around $640 annually, while those in the 75th percentile might see bills as high as $1,494. The 90th percentile tax bill reaches up to $2,019. The highest and lowest median tax bills in Bodfish are both $979, indicating some uniformity in tax obligations within the area. These property taxes fund essential community services such as schools, public safety, and infrastructure. Understanding how these taxes are calculated helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Bodfish Tax Bill
$979
Average Kern County Tax Bill
$2,768
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Bodfish, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93205 | $423 | $640 | $979 | $1,494 | $2,019 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Kern Tax Assessor | |
| Website | www.kerncounty.com |