North Edwards, California Property Taxes
The median property tax rate in North Edwards, CA is 1.54%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in North Edwards at $41,616, the typical annual property tax bill reaches $569, which is significantly lower than the national median of $2,690. Property taxes in North Edwards 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 North Edwards' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of North Edwards 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
North Edwards, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.54%
Estimate Property Tax Bill
$641
$595
Ownwell’s North Edwards Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in North Edwards with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North Edwards 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 North Edwards, California
Property taxes in North Edwards, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in North Edwards is 1.54%, significantly higher than the U.S. national median of 0.99%. Local government entities within North Edwards set these rates annually, and they can vary across different neighborhoods. Each year, North Edwards 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 North Edwards' effective property tax rate to other areas in Kern County and the national median. For comparison, the zip code 93523 has the highest median property tax rate of 1.54%, while the same zip code also has the lowest median tax rate of 1.54%. Understanding how these figures compare with North Edwards 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 North Edwards Tax Rate
1.54%
Average Kern County Tax Rate
1.42%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across North Edwards, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93523 | 1.20% | 1.26% | 1.54% | 1.88% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across North Edwards, California
In North Edwards, CA, 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 North Edwards, 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 North Edwards helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. North Edwards has a median home price of $41,616, with median tax bills ranging from $415 at the 25th percentile to $2,966 at the 90th percentile. The zip code 93523 has the highest and lowest median tax bill at $569.
Property Tax Assessment Values Across North Edwards, California
Source: Ownwell
$11,832
$273,858
$535,884
Average North Edwards Assessed Value
$41,616
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 North Edwards, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93523 | $19,075 | $22,133 | $41,616 | $190,975 | $264,330 |
Source: Ownwell
Property Tax Bills Across North Edwards, California
In North Edwards, Kern County, CA, property tax bills are determined based on the assessed value of a home, which is influenced by the market value and any applicable exemptions. The median home price in the area is $41,616. Property taxes are calculated by applying the local tax rate to the assessed value. The national median property tax rate is 0.99%, but local rates can vary. Homeowners in North Edwards can expect their tax bills to fall within a range, with the 25th percentile at $415 and the 75th percentile at $2,279. The 90th percentile reaches up to $2,966, indicating significant variation based on property values and specific circumstances. The median tax bill in the area is $569, consistent across the zip code 93523. These tax bills impact homeowners by contributing to annual costs of property ownership, influencing affordability and potentially affecting decisions about buying or selling property. Understanding these factors can help homeowners better manage their finances and plan for future expenses.
Average North Edwards Tax Bill
$569
Average Kern County Tax Bill
$2,768
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across North Edwards, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93523 | $363 | $415 | $569 | $2,279 | $2,966 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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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 | |
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Kern Tax Assessor | |
Website | www.kerncounty.com |