Delhi, California Property Taxes
The median property tax rate in Delhi, CA is 1.10%, 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 Delhi, the typical annual property tax bill reaches $2,005, which is below the national median of $2,690. Property taxes in Delhi are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Delhi'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 Delhi 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
Delhi, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$2,033
$1,887
Ownwell’s Delhi Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Delhi with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Delhi 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 Delhi, California
Property taxes in Delhi, California, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Delhi is 1.10%, which is higher than the U.S. national median of 0.99%. Local government entities within Delhi set these rates annually, and they can vary significantly across different neighborhoods. Each year, Delhi estimates its required budget to maintain services for the upcoming fiscal year and 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 Delhi's effective property tax rate to other areas in California and the national median. For comparison, the zip code 95315 has the highest median property tax rate of 1.10%, while the same zip code also has the lowest median tax rate of 1.10%. Understanding how these areas compare with Delhi 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 regions.
Average Delhi Tax Rate
1.10%
Average Merced County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Delhi, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95315 | 1.03% | 1.07% | 1.10% | 1.12% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Delhi, California
In Delhi, 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's Office 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 Delhi, 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 Delhi helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is $2005 in zip code 95315, while the lowest median tax bill is also $2005 in the same zip code.
Average Delhi Assessed Value
$184,812
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 Delhi, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95315 | $84,710 | $130,196 | $184,812 | $271,716 | $356,104 |
Source: Ownwell
Property Tax Bills Across Delhi, California
Property tax bills in Delhi, CA, are calculated based on the assessed value of a property, which is determined by the Merced County Assessor's Office. The assessed value typically aligns with the market value at the time of purchase, but it may be adjusted annually based on inflation or significant property changes. The median home price in Delhi is $184,812, and property tax rates are applied to this assessed value to determine the tax bill. In Delhi, the property tax bill can vary significantly. For instance, the 25th percentile tax bill is $1,403, while the 75th percentile tax bill reaches up to $2,896. At the 90th percentile, homeowners might see tax bills as high as $3,692. These variations depend on the property's assessed value and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, homeowners in Delhi might find their tax bills relatively manageable. However, the tax burden can still impact household budgets, making it crucial for homeowners to stay informed about their property's assessed value and potential tax liabilities.
Average Delhi Tax Bill
$2,005
Average Merced County Tax Bill
$2,293
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Delhi, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95315 | $896 | $1,403 | $2,005 | $2,896 | $3,692 |
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 |