Chowchilla, California Property Taxes
The median property tax rate in Chowchilla, CA is 1.02%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $139,547 in Chowchilla, the typical annual property tax bill amounts to $1,304, 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 various 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
1.02%
Estimate Property Tax Bill
$1,423
$1,321
Ownwell’s Chowchilla Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chowchilla with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Chowchilla to project your property tax bill. This powerful tool provides clarity on potential tax liabilities, helping you make informed decisions. If you’re curious about trends at the neighborhood level, you can find more localized information by scrolling down. Your property’s assessed value is determined by the county for tax purposes and includes any applicable exemptions.
Property Tax Rates Across Chowchilla, California
Property taxes in Chowchilla, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Chowchilla is 1.02%, higher than both the California state median and 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 counties in California and the national median. For comparison, the 93610 zip code has the highest median property tax rate of 1.02%, while the same 93610 zip code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Chowchilla provides valuable insights into the varying tax landscape across Merced County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Chowchilla Tax Rate
1.02%
Average Merced County Tax Rate
1.07%
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 | 0.62% | 0.99% | 1.02% | 1.04% | 1.06% |
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 Merced 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. The median home price in Chowchilla is $139,547, with the 25th percentile tax bill at $766 and the 75th percentile at $1,468. The highest and lowest median tax bills are both $1,304 in zip code 93610. Being aware of these valuation processes in Chowchilla helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Chowchilla Assessed Value
$139,547
Average Merced County Assessed Value
$213,039
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 | $87,677 | $116,752 | $139,547 | $146,592 | $252,905 |
Source: Ownwell
Property Tax Bills Across Chowchilla, California
In Chowchilla, located in Merced County, CA, property tax bills are calculated based on the assessed value of a home, which is typically determined by the county assessor. This assessed value is then multiplied by the local property tax rate, which is influenced by various factors including local government budgets and voter-approved measures. The median home price in Chowchilla is $139,547, and the property tax rate here is reflective of California's Proposition 13, which generally limits annual increases in assessed value to 2%. Homeowners in Chowchilla can expect tax bills that vary significantly. For instance, the 25th percentile tax bill is about $766, while the 75th percentile tax bill reaches $1,468. At the 90th percentile, the tax bill can be as high as $2,547. The highest median tax bill in the area is $1,304, specifically in the 93610 zip code. These property taxes contribute to essential public services like schools, infrastructure, and emergency services, making them a critical aspect of homeownership in the region.
Average Chowchilla Tax Bill
$1,304
Average Merced County Tax Bill
$2,293
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 | $510 | $766 | $1,304 | $1,468 | $2,547 |
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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Merced Tax Assessor | |
Website | common3.mptsweb.com |