Weldon, California Property Taxes
The median property tax rate in Weldon, 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 Weldon at $73,048, the typical annual property tax bill reaches $899, which is below the national median of $2,690. Property taxes in Weldon 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 Weldon'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 Weldon or another part of Kern County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Weldon, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$913
$862
Ownwell’s Weldon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Weldon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Weldon 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 Weldon, California
Property taxes in Weldon, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Weldon is 1.25%, which is higher than the U.S. national median of 0.99%. Local government entities within Weldon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Weldon 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 Weldon's effective property tax rate to other areas in California and the national median. For comparison, the 93283 ZIP code has the highest median property tax rate of 1.25%, while the lowest median tax rate is also 1.25%. Understanding how these areas compare with Weldon 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 Weldon 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 Weldon, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93283 | 1.09% | 1.17% | 1.25% | 1.44% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Weldon, California
In Weldon, 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 Weldon, 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 Weldon is $73,048, with the 25th percentile tax bill at $569 and the 75th percentile at $1,400. The highest and lowest median tax bills in the area are both $899, found in the zip code 93283. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Weldon Assessed Value
$73,048
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 Weldon, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93283 | $23,898 | $40,649 | $73,048 | $121,544 | $187,278 |
Source: Ownwell
Property Tax Bills Across Weldon, California
Property tax bills in Weldon, CA, are determined based on the assessed value of a property, which is derived from its market value. The median home price in Weldon is $73,048. Property taxes are calculated by applying the local property tax rate to the assessed value. In Kern County, where Weldon is located, the property tax rate is a significant factor influencing the annual tax bill. Homeowners in Weldon can expect their tax bills to vary based on their property's assessed value. For instance, the 25th percentile tax bill is $569, while the 75th percentile tax bill is $1,400. At the higher end, the 90th percentile tax bill reaches $2,183, reflecting the diversity in property values and corresponding tax obligations. The highest and lowest median tax bills in the area are both $899, as seen in the 93283 zip code. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for Weldon residents. Comparing this to the national median property tax rate of 0.99%, Weldon's rate can be seen as relatively moderate, affecting homeowners' financial planning and overall cost of living.
Average Weldon Tax Bill
$899
Average Kern County Tax Bill
$2,768
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Weldon, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93283 | $377 | $569 | $899 | $1,400 | $2,183 |
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 |