Cressey, Merced County, California Property Taxes

Name: Property Tax Bills Across Cressey, Merced County, California
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Cressey, CA effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Cressey, CA home value: $121,329
Median annual Cressey, CA tax bill: $1,235, $1,165 lower than the national median property tax bill of $2,400.

How are property taxes in Merced calculated?

Property taxes in Cressey, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Cressey’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cressey, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cressey, Merced County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$1,262

$1,171

Ownwell’s Cressey Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cressey with just two data points. By entering your property's estimated assessed value, our calculator applies Cressey’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Merced County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cressey, Merced County, California

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate the necessary budget to maintain services and divide this figure by the total value of all taxable property in their area. This calculation yields the property tax rate. Although votes and legislation play a role in establishing tax rates and budgets, this is essentially the yearly process.

In Cressey, located in Merced County, the effective property tax rate is a key consideration for property owners. This rate can be compared to other cities in California and the broader U.S. landscape. For context, the national median property tax rate is 1.02%, with an average bill of $2,400.

Understanding these rates is crucial for property owners aiming to manage their tax liabilities effectively. With Merced County's rate aligning with California's median, property owners in Cressey can gauge how their taxes compare to state and national averages. This information can be invaluable for financial planning and property investment decisions.

Property Tax Rates Across Cressey, Merced County, California

Source: Ownwell

0.98%

1.08%

1.19%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Cressey Tax Rate

1.04%

Median Effective Merced County Tax Rate

1.07%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cressey, Merced County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
95312	0.97%	1.01%	1.04%	1.08%	1.13%

Source: Ownwell

Property Tax Assessment Values Across Cressey, Merced County, California

When examining property taxes in Cressey, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Merced County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Merced County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cressey. For example, the median home price in Cressey is $121,329, with tax bills ranging significantly across the county. Zip code 95312 has the highest median home price at $121,329.

Property Tax Assessment Values Across Cressey, Merced County, California

Source: Ownwell

$46,350

$163,707

$281,064

Median Cressey Market Value

$121,329

Median Merced County Market Value

$213,039

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cressey, Merced County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
95312	$47,373	$65,446	$121,329	$192,080	$293,480

Source: Ownwell

Property Tax Bills Across Cressey, Merced County, California

In Cressey, Merced County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the Merced County Assessor's Office. The assessed value is typically a percentage of the property's market value, and the tax rate is applied to this assessed value to determine the tax bill. In Cressey, the median property tax bill is $1,235, which is below the national median of $2,400. Factors such as property improvements, neighborhood changes, and market trends can influence the assessed value, impacting the tax bill. For homeowners, understanding these factors is crucial as they directly affect the amount owed annually in property taxes. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners in Cressey potentially lower their tax bills. By analyzing the assessed value and ensuring it aligns with the current market conditions, Ownwell can identify opportunities for savings, ensuring homeowners are not overpaying on their property taxes.

Property Tax Bills Across Cressey, Merced County, California

Source: Ownwell

$440

$1,713

$2,986

Median Cressey Tax Bill

$1,235

Median Merced County Tax Bill

$2,293

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Cressey, Merced County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
95312	$460	$680	$1,235	$1,877	$2,811

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
Merced Tax Assessor
Website	common3.mptsweb.com