Gustine, California Property Taxes
The median property tax rate in Gustine, 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 Gustine at $174,981, the typical annual property tax bill amounts to $1,919, which is below the national median of $2,690. Property taxes in Gustine are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Gustine'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 Gustine 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
Gustine, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$1,925
$1,818
Ownwell’s Gustine Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gustine with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gustine to provide an accurate estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities and plan your finances accordingly. For those interested in more granular data, scrolling down reveals trends and localized information at the neighborhood level. Your property’s assessed value, determined by Merced County, is crucial for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Gustine, California
Property taxes in Gustine, CA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gustine is 1.10%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Gustine set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gustine 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 Gustine's effective property tax rate to other counties in California and the national median. For comparison, the 95322 zip code has the highest median property tax rate of 1.10%, while the 93635 zip code has the lowest median tax rate of 1.07%. Understanding how these cities compare with Gustine 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 Gustine 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 Gustine, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93635 | 1.07% | 1.07% | 1.07% | 1.07% | 1.07% |
| 95322 | 1.02% | 1.06% | 1.10% | 1.19% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Gustine, California
In Gustine, 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 Gustine, 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 Gustine helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Merced County is $7,558 in the 93635 zip code, while the lowest median tax bill is $1,918 in the 95322 zip code.
Average Gustine Assessed Value
$174,981
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 Gustine, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93635 | $707,472 | $707,472 | $707,472 | $707,472 | $707,472 |
| 95322 | $35,097 | $89,648 | $174,981 | $289,182 | $377,085 |
Source: Ownwell
Property Tax Bills Across Gustine, California
In Gustine, 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's office. The assessed value is influenced by various factors, including the property's market value, any improvements made, and local real estate trends. Homeowners in Gustine can expect their tax bills to vary significantly; for instance, the 25th percentile tax bill is around $1,017, while the 75th percentile tax bill is approximately $3,097. At the upper end, the 90th percentile tax bill can reach up to $4,102. These property tax bills are crucial for homeowners as they directly impact annual expenses. Compared to the national median property tax rate of 0.99%, Gustine's property tax rates can vary widely, reflecting the diverse range of property values within the area. The highest median tax bill in the region is $7,558 in the 93635 zip code, while the lowest is $1,918 in the 95322 zip code. Understanding these factors helps homeowners plan their finances more effectively.
Average Gustine Tax Bill
$1,919
Average Merced County Tax Bill
$2,293
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Gustine, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93635 | $7,558 | $7,558 | $7,558 | $7,558 | $7,558 |
| 95322 | $399 | $1,017 | $1,918 | $3,096 | $4,101 |
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 |