Rosamond, California Property Taxes
The median property tax rate in Rosamond, CA is 1.64%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Rosamond at $197,130, the typical annual property tax bill reaches $3,389, exceeding the national median of $2,690. Property taxes in Rosamond 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 Rosamond'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 Rosamond 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
Rosamond, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.64%
Estimate Property Tax Bill
$3,233
$3,054
Ownwell’s Rosamond Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rosamond with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rosamond 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 Rosamond, California
Property taxes in Rosamond, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rosamond is 1.64%, substantially higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Rosamond set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rosamond 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 Rosamond's effective property tax rate to other counties in California and the national median. For comparison, the 93560 zip code has the highest median property tax rate of 1.64%, while the same zip code also has the lowest median tax rate of 1.64%. Understanding how these cities compare with Rosamond 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 Rosamond Tax Rate
1.64%
Average Kern County Tax Rate
1.42%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rosamond, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93560 | 1.03% | 1.26% | 1.64% | 1.91% | 2.27% |
Source: Ownwell
Property Tax Assessment Values Across Rosamond, California
In Rosamond, 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 Rosamond, 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. The median home price in Rosamond is $197,130 with tax bills ranging from $2,115 at the 25th percentile to $5,816 at the 90th percentile. 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 Rosamond helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rosamond Assessed Value
$197,130
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 Rosamond, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93560 | $43,595 | $110,145 | $197,130 | $314,036 | $402,900 |
Source: Ownwell
Property Tax Bills Across Rosamond, California
In Rosamond, located in Kern County, CA, property tax bills are calculated based on the assessed value of a home, which often approximates its market value. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For Rosamond, the median home price is $197,130, and homeowners can expect tax bills to vary widely. For example, the 25th percentile tax bill is $2,115, while those in the 75th percentile pay around $4,743. At the higher end, the 90th percentile tax bill reaches $5,816. Several factors influence these variations, including property improvements, neighborhood changes, and local funding needs. Homeowners in Rosamond with the highest median tax bill pay about $3,389, which is notably above the national median property tax rate of 0.99%. These tax bills play a crucial role in funding essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents.
Average Rosamond Tax Bill
$3,389
Average Kern County Tax Bill
$2,768
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Rosamond, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93560 | $561 | $2,115 | $3,389 | $4,743 | $5,816 |
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 |