Dos Palos, California Property Taxes
The median property tax rate in Dos Palos, CA is 0.98%, slightly lower than both the national median of 0.99% and the California state median of 1.21%. With a median home value of $148,450, the typical annual property tax bill in Dos Palos is around $1,439, which is significantly below the national median of $2,690. Property taxes in Dos Palos are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Dos Palos' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Dos Palos 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
Dos Palos, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$1,455
$1,350
Ownwell’s Dos Palos Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Dos Palos with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dos Palos to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is determined by the county for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Dos Palos, California
Property taxes in Dos Palos, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dos Palos is 0.98%, slightly lower than the U.S. national median of 0.99%. Local government entities within Dos Palos set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dos Palos 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 Dos Palos's effective property tax rate to other areas in California and the national median. For comparison, the 93620 zip code has the highest median property tax rate of 0.98%, while the same zip code also has the lowest median tax rate of 0.98%. Understanding how these cities compare with Dos Palos 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 Dos Palos Tax Rate
0.98%
Average Merced County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dos Palos, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93620 | 0.91% | 0.94% | 0.98% | 1.00% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Dos Palos, California
In Dos Palos, 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 Dos Palos, 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 Dos Palos is $148,450, with the 25th percentile tax bill at $846 and the 75th percentile tax bill at $2,247. The highest and lowest median tax bills are both $1,439 in zip code 93620. 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 Dos Palos helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dos Palos Assessed Value
$148,450
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 Dos Palos, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93620 | $50,443 | $90,125 | $148,450 | $237,800 | $305,678 |
Source: Ownwell
Property Tax Bills Across Dos Palos, California
In Dos Palos, located in Merced County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Dos Palos is $148,450. Property taxes are influenced by various factors, including the property's assessed value, the local tax rate, and any applicable exemptions. The national median property tax rate is 0.99%, but local rates can vary. Homeowners in Dos Palos experience a range of property tax bills. For instance, the 25th percentile tax bill is $846, while the 75th percentile tax bill reaches $2,247. The 90th percentile tax bill can be as high as $2,899. These figures show the variability in tax burdens, which can significantly impact homeowners' finances. The highest and lowest median tax bills in the area both stand at $1,439, indicating a relatively consistent tax rate within the zip code 93620. Understanding these factors helps homeowners anticipate their annual property tax obligations and manage their budgets accordingly.
Average Dos Palos Tax Bill
$1,439
Average Merced County Tax Bill
$2,293
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Dos Palos, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93620 | $478 | $846 | $1,439 | $2,247 | $2,899 |
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 |