Chowchilla, California Property Taxes
The median property tax rate in Chowchilla, CA is 1.04%, 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 Chowchilla at $196,853, the typical annual property tax bill amounts to $2,006, which is below the national median of $2,690. Property taxes in Chowchilla are calculated based on the assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Chowchilla'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 Chowchilla 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
Chowchilla, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$2,047
$1,900
Ownwell’s Chowchilla Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Chowchilla with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Chowchilla 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 Chowchilla, California
Property taxes in Chowchilla, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Chowchilla is 1.04%, slightly higher than the U.S. national median of 0.99%. Local government entities within Chowchilla set these rates annually, and they can vary significantly across different neighborhoods. Each year, Chowchilla 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 Chowchilla's effective property tax rate to other areas in Madera County and the national median. For comparison, the zip code 93610 has both the highest and lowest median property tax rate of 1.04%. Understanding how these rates compare with Chowchilla provides valuable insights into the varying tax landscape across Madera County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Chowchilla Tax Rate
1.04%
Average Madera County Tax Rate
1.10%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chowchilla, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93610 | 0.89% | 1.01% | 1.04% | 1.08% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Chowchilla, California
In Chowchilla, 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 Madera 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 Chowchilla, 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 Chowchilla helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 93610 has the highest and lowest median tax bill at $2,006.
Average Chowchilla Assessed Value
$196,853
Average Madera County Assessed Value
$222,847
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chowchilla, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93610 | $63,043 | $111,300 | $196,853 | $300,238 | $409,992 |
Source: Ownwell
Property Tax Bills Across Chowchilla, California
In Chowchilla, located in Madera County, CA, property tax bills are determined by several key factors. The primary component is the assessed value of the property, which is set by the local assessor's office. This assessed value is a percentage of the property's market value. The median home price in Chowchilla is $196,853, which serves as a basis for calculating the tax bill. The property tax rate in Chowchilla is applied to the assessed value to determine the annual tax bill. For example, properties in the 25th percentile have tax bills around $1,079, while those in the 75th percentile face tax bills of approximately $3,225. For higher-end properties, the 90th percentile tax bill can reach up to $4,593. Homeowners in Chowchilla should be aware that their property tax bill can vary significantly based on their property's assessed value and the specific tax rate applied. This can impact their annual financial planning and overall cost of homeownership.
Average Chowchilla Tax Bill
$2,006
Average Madera County Tax Bill
$2,366
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Chowchilla, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93610 | $598 | $1,079 | $2,006 | $3,225 | $4,593 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Madera Tax Assessor | |
| Website | common3.mptsweb.com |