Firebaugh, California Property Taxes
The median property tax rate in Firebaugh, CA is 1.05%, 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 Firebaugh at $124,548, the typical annual property tax bill amounts to $1,256, which is below the national median of $2,690. Property taxes in Firebaugh are calculated based on the assessed value, which often falls below market value due to exemptions like those for primary residences and agricultural properties. Navigating Firebaugh's property tax system, exploring applicable exemptions, and identifying potential reductions can result in substantial annual savings. Whether you're located in the heart of Firebaugh or another part of Madera County, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Firebaugh, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$1,308
$1,214
Ownwell’s Firebaugh Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Firebaugh with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Firebaugh 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 Firebaugh, California
Property taxes in Firebaugh, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Firebaugh is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within Firebaugh set these rates annually, and they can vary significantly across different neighborhoods. Each year, Firebaugh 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 Firebaugh's effective property tax rate to other areas in California and the national median. For comparison, the zip code 93622 has the highest median property tax rate of 1.05%, while the same zip code also has the lowest median tax rate of 1.05%. Understanding how these figures compare with Firebaugh 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 Firebaugh Tax Rate
1.05%
Average Madera County Tax Rate
1.10%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Firebaugh, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93622 | 0.94% | 1.01% | 1.05% | 1.07% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Firebaugh, California
In Firebaugh, 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 Firebaugh, 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 Firebaugh is $124,548, with tax bills ranging from $865 at the 25th percentile to $3,158 at the 90th percentile. The zip code 93622 has both the highest and lowest median tax bill, each at $1,256. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Firebaugh Assessed Value
$124,548
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 Firebaugh, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93622 | $48,934 | $87,303 | $124,548 | $203,299 | $301,702 |
Source: Ownwell
Property Tax Bills Across Firebaugh, California
In Firebaugh, located in Madera County, CA, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county assessor and typically reflects the market value of the property at the time of purchase, with annual adjustments for inflation. The property tax rate in Firebaugh is applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including the property's market value, any applicable exemptions, and local tax rates. For instance, the median home price in Firebaugh is $124,548, and property tax bills can vary significantly. The 25th percentile tax bill stands at $865, while the 75th percentile reaches $2,042, and the 90th percentile goes up to $3,158. The median tax bill in the area is $1,256, which is higher than the national median property tax rate of 0.99%. These property taxes directly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, making it crucial for homeowners to understand their tax obligations.
Average Firebaugh Tax Bill
$1,256
Average Madera County Tax Bill
$2,366
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Firebaugh, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93622 | $491 | $865 | $1,256 | $2,042 | $3,158 |
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 |