Lee Vining, Mono County, California Property Taxes

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

Median Lee Vining, CA effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Lee Vining, CA home value: $243,555
Median annual Lee Vining, CA tax bill: $2,453, $53 higher than the national median property tax bill of $2,400.

How are property taxes in Mono County calculated?

Property taxes in Lee Vining, 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 Lee Vining’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lee Vining, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lee Vining, Mono County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$2,533

$2,351

Ownwell’s Lee Vining Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lee Vining with just two data points. By entering your property's estimated assessed value, our calculator applies Lee Vining’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 Lee Vining, Mono County, California

Local government entities have the authority to set property tax rates, leading to significant variability across different areas within a state. Each year, counties determine their necessary budgets to fund public services and then divide this amount by the total assessed value of all taxable properties within their jurisdiction. This calculation establishes the property tax rate. Although there are votes and legislative measures involved in the process, this essentially describes the annual procedure. In Lee Vining, located in Mono County, the effective property tax rate is a reflection of this process. When comparing Lee Vining's property tax rate to other cities within California, it aligns closely with the state's median rate. Interestingly, this rate is slightly above the national median property tax rate of 1.02%. Understanding these rates can provide valuable insights for property owners, particularly when considering the potential for property tax appeals or exemptions. By staying informed about local tax rates, property owners can make more strategic decisions regarding their investments.

Property Tax Rates Across Lee Vining, 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 Lee Vining Tax Rate

1.04%

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 Lee Vining, Mono County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
93541	0.94%	1.03%	1.04%	1.07%	1.10%

Source: Ownwell

Property Tax Assessment Values Across Lee Vining, Mono County, California

When examining property taxes in Lee Vining, 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 May. 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 Lee Vining.

For example, the median home price in Lee Vining is $243,555, with tax bills ranging significantly across the county. The 93541 zip code has the highest median home price at $243,555.

Property Tax Assessment Values Across Lee Vining, Mono County, California

Source: Ownwell

$151,073

$384,002

$616,931

Median Lee Vining Market Value

$243,555

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 Lee Vining, Mono County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
93541	$77,412	$161,345	$243,555	$357,398	$544,709

Source: Ownwell

Property Tax Bills Across Lee Vining, Mono County, California

In Lee Vining, property tax bills are calculated based on the assessed value of a home, which is determined by the Mono County Assessor's Office. The assessed value is a percentage of the home's market value, and the tax rate is applied to this value to determine the tax bill. Homeowners in Lee Vining can expect a median property tax bill that aligns closely with the national median of $2,400, as the local median is $2,453. However, tax bills can vary significantly, with the 25th percentile at $1,437 and the 90th percentile reaching $4,733. Factors such as property improvements and neighborhood changes can affect these assessments, impacting the tax bill. Homeowners may find these fluctuations challenging, but Ownwell offers a solution. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially lower their tax bills, ensuring they pay only what is fair. This service not only saves money but also provides peace of mind in managing property taxes effectively.

Property Tax Bills Across Lee Vining, Mono County, California

Source: Ownwell

$1,394

$3,743

$6,091

Median Lee Vining Tax Bill

$2,453

Median Mono County Tax Bill

$4,319

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Lee Vining, Mono County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
93541	$551	$1,437	$2,453	$3,474	$4,733

Source: Ownwell