Willow Springs, California Property Taxes
The median property tax rate in Willow Springs, CA is 1.06%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Willow Springs, the typical annual property tax bill reaches $1,832, which is below the national median of $2,690. Property taxes in Willow Springs are calculated based on the assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Willow Springs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Willow Springs 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
Willow Springs, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$1,940
$1,800
Ownwell’s Willow Springs Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Willow Springs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Willow Springs 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 Willow Springs, California
Property taxes in Willow Springs, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Willow Springs is 1.06%, which is higher than the U.S. national median of 0.99%. Local government entities within Willow Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Willow Springs 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 Willow Springs' effective property tax rate to other areas in California and the national median. For comparison, the zip code 93560 has the highest median property tax rate of 1.06%, while the same zip code also has the lowest median tax rate of 1.06%. Understanding how these areas compare with Willow Springs 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 Willow Springs Tax Rate
1.06%
Average Kern County Tax Rate
1.42%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Willow Springs, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93560 | 0.93% | 0.98% | 1.06% | 1.14% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Willow Springs, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Willow Springs, CA. The market value represents 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 Willow Springs, 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. For example, the median home price in Willow Springs is $182,972, with tax bills ranging from $1,614 at the 25th percentile to $2,180 at the 90th percentile. The highest and lowest median tax bills are both $1,832 in the 93560 zip code. 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 Willow Springs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Willow Springs, California
Source: Ownwell
$11,832
$273,858
$535,884
Average Willow Springs Assessed Value
$182,972
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 Willow Springs, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93560 | $128,206 | $148,743 | $182,972 | $217,201 | $237,738 |
Source: Ownwell
Property Tax Bills Across Willow Springs, California
In Willow Springs, Kern County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is typically a percentage of the home's market value. Homeowners in Willow Springs can expect a median property tax bill around $1,832, which aligns closely with the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's location, assessed value, and any applicable exemptions or deductions. For example, the 25th percentile tax bill is approximately $1,614, while the 75th percentile tax bill is around $2,049, indicating a range based on varying property values and other considerations. High property taxes can significantly impact homeowners, affecting their monthly mortgage payments and overall housing affordability. Understanding these factors helps homeowners better anticipate their financial obligations and plan accordingly.
Average Willow Springs Tax Bill
$1,832
Average Kern County Tax Bill
$2,768
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Willow Springs, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93560 | $1,484 | $1,614 | $1,832 | $2,049 | $2,180 |
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 |