Coleville, Mono County, California Property Taxes

Name: Property Tax Bills Across Coleville, Mono County, California
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Coleville, CA effective property tax rate: 1.05%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Coleville, CA home value: $159,893
Median annual Coleville, CA tax bill: $1,462, $938 lower than the national median property tax bill of $2,400.

How are property taxes in Mono County calculated?

Property taxes in Coleville, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Coleville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Coleville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Coleville, Mono County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.05%

Estimate Property Tax Bill

$1,679

$1,558

Ownwell’s Coleville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Coleville with just two data points. By entering your property's estimated assessed value, our calculator applies Coleville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Mono County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Coleville, Mono County, California

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Coleville’s effective property tax rate to other cities in California and the median property tax rates in California and the U.S. Coleville, located in Mono County, reflects the broader state trend with its property tax rate. California's median property tax rate is slightly above the national median, highlighting the state's commitment to funding essential services through property taxes. This is in contrast to the national median property tax rate, providing an interesting comparison for property owners. Understanding these nuances can help property owners in Coleville and beyond make informed decisions about their investments and financial planning.

Property Tax Rates Across Coleville, Mono County, California

Source: Ownwell

1.03%

1.09%

1.14%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Coleville Tax Rate

1.05%

Median Effective Mono County Tax Rate

1.14%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Coleville, Mono County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
96107	0.94%	1.03%	1.05%	1.09%	1.16%

Source: Ownwell

Property Tax Assessment Values Across Coleville, Mono County, California

When examining property taxes in Coleville, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Mono County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Mono County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Coleville.

For example, the median home price in Coleville is $159,893, with tax bills ranging significantly across the county. Zip code 96107 has the highest median home price at $159,893.

Property Tax Assessment Values Across Coleville, Mono County, California

Source: Ownwell

$151,073

$384,002

$616,931

Median Coleville Market Value

$159,893

Median Mono County Market Value

$402,900

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Coleville, Mono County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
96107	$39,290	$84,529	$159,893	$251,180	$348,880

Source: Ownwell

Property Tax Bills Across Coleville, Mono County, California

In Coleville, located in Mono County, CA, property tax bills are calculated based on the assessed value of a home, which is derived from the property's market value. The tax rate is applied to this assessed value to determine the annual tax bill. For homeowners in Coleville, the property tax bill can vary significantly, with the 25th percentile paying around $699, while the 90th percentile faces bills up to $3,491. This variance highlights the financial impact on homeowners, as even within the same region, tax obligations can differ greatly. The national median property tax bill is $2,400, which positions Coleville's tax scenario as relatively moderate. Homeowners can benefit from services like Ownwell, which specializes in property tax appeals and exemptions. By leveraging expert knowledge, Ownwell helps homeowners potentially reduce their tax liabilities, ensuring they aren't overpaying and are taking full advantage of available exemptions. This can lead to significant savings, easing the financial burden on property owners.

Property Tax Bills Across Coleville, Mono County, California

Source: Ownwell

$1,394

$3,743

$6,091

Median Coleville Tax Bill

$1,462

Median Mono County Tax Bill

$4,319

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Coleville, Mono County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
96107	$360	$699	$1,462	$2,408	$3,491

Source: Ownwell