El Nido, California Property Taxes
The median property tax rate in El Nido, CA is 1.07%, 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 El Nido at $46,350, the typical annual property tax bill amounts to $440, which is significantly below the national median of $2,690. Property taxes in El Nido are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding El Nido's property tax system, exploring available exemptions, and finding opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of El Nido or another part of Merced County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
El Nido, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$496
$468
Ownwell’s EL NIDO Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in EL NIDO with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in EL NIDO 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 El Nido, California
Property taxes in El Nido, California, are crucial for funding key local services such as public schools, road maintenance, and emergency services. The median tax rate in El Nido is 1.07%, which is higher than the U.S. national median of 0.99%. Local government entities within El Nido set these rates annually, and they can vary significantly across different neighborhoods. Each year, El Nido 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 El Nido's effective property tax rate to other counties in California and the national median. For comparison, the 95317 zip code has the highest median property tax rate of 1.07%, while the same zip code also has the lowest median tax rate of 1.07%. Understanding how these areas compare with El Nido 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 El Nido Tax Rate
1.07%
Average Merced County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across El Nido, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95317 | 0.78% | 1.02% | 1.07% | 1.08% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across El Nido, California
In El Nido, 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. 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 El Nido helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In El Nido, the median home price is $46,350, with the highest median tax bill being $440 in zip code 95317, and the lowest median tax bill also at $440 in the same zip code.
Average El Nido Assessed Value
$46,350
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 El Nido, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95317 | $9,098 | $11,699 | $46,350 | $153,249 | $264,910 |
Source: Ownwell
Property Tax Bills Across El Nido, California
In El Nido, property tax bills are calculated based on the assessed value of a home, which is determined by the Merced County Assessor. The assessed value is typically a percentage of the market value of the property. Homeowners in El Nido can expect their tax bills to vary significantly, with the 25th percentile tax bill at $106 and the 75th percentile reaching $1,666. At the higher end, the 90th percentile tax bill can be as much as $2,865. These tax bills are influenced by multiple factors, including property size, location, and any applicable exemptions. For instance, the highest median tax bill in the area is $440, which is notably lower than the national median property tax rate of 0.99%. This means that while some homeowners may face higher taxes, the overall burden is relatively moderate compared to national standards. Understanding these factors can help homeowners anticipate their property tax obligations and plan accordingly.
Average El Nido Tax Bill
$440
Average Merced County Tax Bill
$2,293
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across El Nido, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95317 | $56 | $106 | $440 | $1,666 | $2,865 |
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 |