Mammoth Lakes, Mono County, California Property Taxes
Median Mammoth Lakes, CA effective property tax rate: 1.14%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Mammoth Lakes, CA home value: $448,008
Median annual Mammoth Lakes, CA tax bill: $4,888, $2,488 higher than the national median property tax bill of $2,400.
How are property taxes in Mono County calculated?
Property taxes in Mammoth Lakes, 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 Mammoth Lakes’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mammoth Lakes, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mammoth Lakes, Mono County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$5,107
$4,739
Property Tax Rates Across Mammoth Lakes, Mono County, California
Local government entities are responsible for setting tax rates, leading to significant variations within any given state. Each year, counties estimate their required budget to maintain services and divide that by the total assessed value of all taxable property within their jurisdiction, resulting in the property tax rate. Although the process involves votes and legislation, this is the basic annual procedure.
In Mammoth Lakes, located in Mono County, the effective property tax rate is noteworthy when compared to other cities in California. While the median property tax rate in California is 1.14%, Mammoth Lakes shares this rate, aligning with the highest and lowest rates in the state. This rate is slightly above the national median property tax rate of 1.02%, highlighting the unique tax situation in Mammoth Lakes.
Understanding how these rates compare can provide valuable insight for property owners. A higher property tax rate can impact overall affordability, making it crucial for homeowners to explore potential exemptions or appeals to manage their tax liabilities effectively.
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 Mammoth Lakes Tax Rate
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 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 Mammoth Lakes, Mono County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93546 | 1.11% | 1.13% | 1.14% | 1.17% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Mammoth Lakes, Mono County, California
When examining property taxes in Mammoth Lakes, 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 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 Mammoth Lakes. For example, the median home price in Mammoth Lakes is $448,008, with tax bills ranging significantly across the county. Zip code 93546 has the highest median home price at $448,008.
Property Tax Assessment Values Across Mammoth Lakes, Mono County, California
Source: Ownwell
$151,073
$384,002
$616,931
Median Mammoth Lakes Market Value
$448,008
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 Mammoth Lakes, Mono County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93546 | $148,068 | $268,691 | $448,008 | $719,656 | $1,108,715 |
Source: Ownwell
Property Tax Bills Across Mammoth Lakes, Mono County, California
In Mammoth Lakes, property tax bills are calculated based on the assessed value of the home, which is determined by the Mono County Assessor's office. The tax rate is applied to this value to determine the annual tax bill. With a median home price of $448,008, homeowners in Mammoth Lakes face a significant property tax burden. The 25th percentile tax bill is $2,943, while the 75th percentile reaches $7,655, and the 90th percentile climbs to $11,564. Notably, the median tax bill in the zip code 93546 is $4,888, which is higher than the national median property tax bill of $2,400, reflecting the region's elevated property tax rates.
For homeowners looking to reduce their property tax bills, Ownwell offers expert property tax appeal services. By analyzing your property's assessed value and comparing it with current market conditions, Ownwell can identify opportunities for tax savings. Our experienced team guides you through the appeal process, ensuring you pay only your fair share, potentially saving you hundreds or even thousands of dollars annually.
Median Mammoth Lakes Tax Bill
$4,888
Median Mono County Tax Bill
$4,319
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Mammoth Lakes, Mono County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93546 | $1,535 | $2,943 | $4,888 | $7,655 | $11,564 |
Source: Ownwell