Le Grand, California Property Taxes
The median property tax rate in Le Grand, CA is 1.04%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $115,214, the typical annual property tax bill in Le Grand is $1,182, which is below the national median of $2,690. Property taxes in Le Grand are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Le Grand'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 Le Grand 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
Le Grand, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$1,198
$1,112
Ownwell's Le Grand Property Tax Bill Calculator assists homeowners, real estate investors, and prospective buyers in estimating their annual property taxes in Le Grand with just two simple data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Le Grand to estimate your property tax bill. This valuable tool provides a clear understanding of 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, taking into account any applicable exemptions.
Property Tax Rates Across Le Grand, California
Property taxes in Le Grand, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Le Grand is 1.04%, slightly higher than the U.S. national median of 0.99%. Local government entities within Le Grand set these rates annually, and they can vary significantly across different neighborhoods. Each year, Le Grand 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 Le Grand's effective property tax rate to other areas in Merced County and the national median. For comparison, the 95348 zip code has the highest median property tax rate of 1.11%, while the 95333 zip code has the lowest median tax rate of 1.04%. Understanding how these areas compare with Le Grand 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 Le Grand Tax Rate
1.04%
Average Merced County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Le Grand, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95333 | 0.96% | 1.01% | 1.04% | 1.08% | 1.12% |
| 95348 | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Le Grand, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Le Grand, California. 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 Le Grand, 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. For example, the highest median tax bill in the area is $4,370 in the 95348 zip code, while the lowest is $1,181 in the 95333 zip code. 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 Le Grand helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Le Grand Assessed Value
$115,214
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 Le Grand, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95333 | $47,292 | $79,433 | $115,214 | $162,096 | $266,563 |
| 95348 | $392,034 | $392,034 | $392,034 | $392,034 | $392,034 |
Source: Ownwell
Property Tax Bills Across Le Grand, California
In Le Grand, Merced County, CA, property tax bills are determined using the assessed value of the home and the local tax rate. The assessed value is typically based on the market value of the property at the time of purchase or reassessment. For homeowners in Le Grand, the median home price is $115,214. Property tax rates in this region can lead to varying tax bills, with the 25th percentile at $812 and the 75th percentile at $1,634. The highest tax bills in the 90th percentile can reach up to $2,534. Several factors influence these tax bills, including changes in property value, local levies, and any applicable exemptions or deductions. Homeowners in Le Grand face tax bills that can significantly impact their annual budget. Compared to the national median property tax rate of 0.99%, the property taxes in Merced County can vary widely, with the highest median tax bill reaching $4,370 in the nearby zip code 95348, while the lowest is $1,181 in zip code 95333. Understanding these factors helps homeowners better anticipate and plan for their property tax obligations.
Average Le Grand Tax Bill
$1,182
Average Merced County Tax Bill
$2,293
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Le Grand, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95333 | $492 | $808 | $1,181 | $1,629 | $2,490 |
| 95348 | $4,370 | $4,370 | $4,370 | $4,370 | $4,370 |
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 |