June Lake, Mono County, California Property Taxes
Median June Lake, 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 June Lake, CA home value: $368,935. Median annual June Lake, CA tax bill: $3,710, $1,310 higher than the national median property tax bill of $2,400.
How are property taxes in Mono County calculated?
Property taxes in June Lake, 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 June Lake’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in June Lake, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
June Lake, Mono County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.05%
Estimate Property Tax Bill
$3,874
$3,595
Property Tax Rates Across June Lake, Mono County, California
Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget to provide services annually, dividing 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.
In June Lake, located in Mono County, CA, the effective property tax rate is an essential factor for homeowners to consider. The region's property tax rate is at 1.05%, which aligns with the highest and lowest rates within the area, making it consistent across Mono County. Compared to the national median property tax rate of 1.02%, June Lake's rate is slightly above average. This difference can impact the overall property tax bill, considering the national median property tax bill is $2,400. Understanding these rates can help homeowners make informed decisions about property investments and financial planning.
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 June Lake Tax Rate
1.05%
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 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 June Lake, Mono County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93529 | 1.03% | 1.04% | 1.05% | 1.07% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across June Lake, Mono County, California
When examining property taxes in June Lake, 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 appraisal district 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 June Lake. For example, the median home price in June Lake is $368,935, with tax bills ranging significantly across the county. Zip code 93529 has the highest median home price at $368,935.
Property Tax Assessment Values Across June Lake, Mono County, California
Source: Ownwell
$151,073
$384,002
$616,931
Median June Lake Market Value
$368,935
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 June Lake, Mono County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93529 | $154,194 | $229,957 | $368,935 | $614,112 | $851,355 |
Source: Ownwell
Property Tax Bills Across June Lake, Mono County, California
Median June Lake Tax Bill
$3,710
Median Mono County Tax Bill
$4,319
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across June Lake, Mono County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93529 | $1,581 | $2,387 | $3,710 | $6,120 | $8,595 |
Source: Ownwell