Coachella, California Property Taxes
The median property tax rate in Coachella, CA is 2.06%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Coachella at $193,146, the typical annual property tax bill reaches $4,005, exceeding the national median of $2,690. Property taxes in Coachella 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 Coachella'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 Coachella 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
Coachella, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.06%
Estimate Property Tax Bill
$3,979
$3,758
Ownwell’s Coachella Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Coachella using just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Coachella 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 Riverside County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Coachella, California
Property taxes in Coachella, California, are essential for funding critical local services such as public education, infrastructure maintenance, and emergency response services. The median tax rate in Coachella is 2.06%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Coachella set these rates annually, and they can vary significantly across different neighborhoods. Each year, Coachella 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 Coachella's effective property tax rate to other counties in California and the national median. For comparison, the 92236 zip code has the highest median property tax rate of 2.06%, while the same zip code also has the lowest median tax rate of 2.06%. Understanding how these cities compare with Coachella 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 Coachella Tax Rate
2.06%
Average Riverside County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Coachella, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92236 | 1.56% | 1.80% | 2.06% | 2.36% | 2.93% |
Source: Ownwell
Property Tax Assessment Values Across Coachella, California
In Coachella, 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 Coachella, 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 Coachella helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 92236 has the highest median tax bill of $4,005, which is notably above the national median property tax rate of 0.99%.
Average Coachella Assessed Value
$193,146
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 Coachella, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92236 | $77,977 | $128,278 | $193,146 | $270,328 | $363,428 |
Source: Ownwell
Property Tax Bills Across Coachella, California
In Coachella, property tax bills are calculated based on the assessed value of a home, which is determined by the Riverside County Assessor's Office. The assessed value is typically a percentage of the property's market value. For Coachella, the median home price is $193,146. Property tax rates in Riverside County can vary, but the median tax bill in Coachella stands at $4,005, which is significantly higher than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's location, improvements made to the property, and any applicable exemptions. For instance, tax bills range from the 25th percentile at $2,706 to the 90th percentile at $6,571, reflecting the diversity in property values and conditions within the area. High property taxes can impact homeowners by increasing the overall cost of homeownership, potentially affecting affordability and financial planning. Conversely, these taxes contribute to essential local services like schools, public safety, and infrastructure, which can enhance community living standards.
Average Coachella Tax Bill
$4,005
Average Riverside County Tax Bill
$4,079
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Coachella, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92236 | $1,895 | $2,706 | $4,005 | $5,244 | $6,571 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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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 | |
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Riverside Tax Assessor | |
Website | ca-riverside-acr.publicaccessnow.com |