Lancaster, California Property Taxes
The median property tax rate in Lancaster, CA is 1.31%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With a median home value of $102,986 in Lancaster, the typical annual property tax bill reaches $1,302, which is below the national median of $2,690. Property taxes in Lancaster are calculated based on the tax assessed value, often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Lancaster'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 Lancaster 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
Lancaster, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$1,349
$1,252
Ownwell’s Lancaster Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lancaster with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lancaster 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 Lancaster, California
Property taxes in Lancaster, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lancaster is 1.31%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Lancaster set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lancaster 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 Lancaster's effective property tax rate to other counties in California and the national median. For comparison, the 93536 zip code has the highest median property tax rate of 1.31%, while the 93536 zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Lancaster 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 Lancaster Tax Rate
1.31%
Average Kern County Tax Rate
1.42%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lancaster, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93536 | 1.19% | 1.28% | 1.31% | 1.44% | 1.90% |
Source: Ownwell
Property Tax Assessment Values Across Lancaster, California
In Lancaster, 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 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 Lancaster, 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. For instance, the median home price in Lancaster is $102,986, with tax bills ranging from $1,059 at the 25th percentile to $2,836 at the 90th percentile. The zip code 93536 has both the highest and lowest median tax bill, at $1,302. Being aware of these valuation processes in Lancaster helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Lancaster Assessed Value
$102,986
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 Lancaster, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93536 | $51,873 | $76,253 | $102,986 | $167,319 | $223,463 |
Source: Ownwell
Property Tax Bills Across Lancaster, California
In Lancaster, CA, property tax bills are calculated based on the assessed value of your property. The assessed value is typically determined by the county assessor and is influenced by factors such as market value, property improvements, and location. For instance, the median home price in Lancaster is $102,986. Property tax rates in Lancaster are relatively moderate compared to the national median property tax rate of 0.99%. Homeowners in Lancaster can expect their tax bills to vary. The 25th percentile tax bill is around $1,059, while the 75th percentile reaches $2,194, and the 90th percentile can go up to $2,836. Within the 93536 zip code, which has both the highest and lowest median tax bill of $1,302, homeowners face a range of tax obligations based on their specific property assessments. These property taxes fund essential services such as public schools, infrastructure, and emergency services, directly impacting the quality of life and community resources available to residents.
Average Lancaster Tax Bill
$1,302
Average Kern County Tax Bill
$2,768
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Lancaster, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93536 | $858 | $1,059 | $1,302 | $2,194 | $2,836 |
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 |