Cathedral City, California Property Taxes
The median property tax rate in Cathedral City, CA is 1.52%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Cathedral City, the typical annual property tax bill reaches $3,875, exceeding the national median of $2,690. Property taxes in Cathedral City are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Cathedral City'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 Cathedral City 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
Cathedral City, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.52%
Estimate Property Tax Bill
$3,797
$3,524
Ownwell’s Cathedral City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cathedral City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cathedral City to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Cathedral City, California
Property taxes in Cathedral City, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cathedral City is 1.52%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Cathedral City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cathedral City 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 Cathedral City's effective property tax rate to other areas in Riverside County and the national median. For comparison, the zip code 92234 has the highest median property tax rate of 1.52%, while the same zip code also has the lowest median tax rate of 1.52%. Understanding how these figures compare with Cathedral City provides valuable insights into the varying tax landscape across Riverside County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cathedral City Tax Rate
1.52%
Average Riverside County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cathedral City, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92234 | 1.09% | 1.41% | 1.52% | 1.68% | 1.97% |
Source: Ownwell
Property Tax Assessment Values Across Cathedral City, California
In Cathedral City, California, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Riverside County Assessor 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 Cathedral City, 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. 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 Cathedral City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 92234, with a median tax bill of $3,875, while the lowest median tax bill is also in 92234, with the same amount.
Property Tax Assessment Values Across Cathedral City, California
Source: Ownwell
$3,614
$924,392
$1,845,170
Average Cathedral City Assessed Value
$249,821
Average Riverside County Assessed Value
$321,125
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cathedral City, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92234 | $80,477 | $159,484 | $249,821 | $369,650 | $493,067 |
Source: Ownwell
Property Tax Bills Across Cathedral City, California
In Cathedral City, Riverside County, CA, property tax bills are calculated based on the assessed value of a property, which is determined by the Riverside County Assessor. This assessed value is typically a percentage of the property's market value. Homeowners then apply the local property tax rate to this assessed value to determine their annual tax bill. The median home price in Cathedral City is $249,821, with property tax bills varying significantly. For example, the 25th percentile tax bill is $2,643, while the 75th percentile tax bill reaches $5,427, and the 90th percentile tax bill peaks at $6,964. These figures illustrate the range of property tax burdens homeowners may face, influenced by factors such as property size, location, and market conditions. The highest and lowest median tax bills both stand at $3,875 in the zip code 92234, reflecting a consistent tax rate across the region. Comparing this to the national median property tax rate of 0.99%, Cathedral City homeowners may find their tax bills relatively moderate.
Average Cathedral City Tax Bill
$3,875
Average Riverside County Tax Bill
$4,079
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Cathedral City, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92234 | $1,493 | $2,643 | $3,875 | $5,427 | $6,964 |
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 | |
|---|---|
| Riverside Tax Assessor | |
| Website | ca-riverside-acr.publicaccessnow.com |