Desert Hot Springs, California Property Taxes
The median property tax rate in Desert Hot Springs, CA is 1.67%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Desert Hot Springs at $159,261, the typical annual property tax bill reaches $2,795, exceeding the national median of $2,690. Property taxes in Desert Hot Springs are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence exemption. Understanding Desert Hot Springs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Desert Hot Springs 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
Desert Hot Springs, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Desert Hot Springs Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Desert Hot Springs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Desert Hot Springs 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 Desert Hot Springs, California
Property taxes in Desert Hot Springs, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Desert Hot Springs is 1.67%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Desert Hot Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Desert Hot Springs 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 Desert Hot Springs' effective property tax rate to other areas in Riverside County and the national median. For comparison, the 92240 zip code has the highest median property tax rate of 1.77%, while the 92241 zip code has the lowest median tax rate of 1.27%. Understanding how these areas compare with Desert Hot Springs 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 Desert Hot Springs Tax Rate
1.67%
Average Riverside County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Desert Hot Springs, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92240 | 1.17% | 1.32% | 1.77% | 2.18% | 2.76% |
| 92241 | 0.92% | 1.17% | 1.27% | 1.37% | 2.18% |
Source: Ownwell
Property Tax Assessment Values Across Desert Hot Springs, California
In Desert Hot Springs, 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 Desert Hot Springs, 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. The median home price in Desert Hot Springs is $159,261, with tax bills ranging from $1,620 at the 25th percentile to $5,444 at the 90th percentile. The highest median tax bill is $3,122 in zip code 92240, while the lowest is $1,211 in zip code 92241. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Property Tax Assessment Values Across Desert Hot Springs, California
Source: Ownwell
$3,614
$924,392
$1,845,170
Average Desert Hot Springs Assessed Value
$159,261
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 Desert Hot Springs, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92240 | $54,316 | $105,188 | $175,605 | $267,382 | $364,140 |
| 92241 | $20,704 | $38,184 | $78,520 | $174,820 | $326,084 |
Source: Ownwell
Property Tax Bills Across Desert Hot Springs, California
In Desert Hot Springs, Riverside County, CA, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the Riverside County Assessor's Office and is typically a percentage of the market value of the property. The median home price in Desert Hot Springs is $159,261, and property tax rates are applied to this assessed value to determine the annual tax bill. For homeowners, tax bills can vary significantly. For instance, the 25th percentile tax bill is around $1,620, while those in the 75th percentile pay about $4,110. At the higher end, the 90th percentile tax bill reaches $5,444. The highest median tax bill in the area is $3,122 in the 92240 zip code, whereas the lowest is $1,211 in the 92241 zip code. These variations are influenced by factors such as property location, improvements, and local tax rates. Understanding these elements helps homeowners anticipate their tax liabilities and manage their finances effectively.
Average Desert Hot Springs Tax Bill
$2,795
Average Riverside County Tax Bill
$4,079
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Desert Hot Springs, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92240 | $1,093 | $2,110 | $3,122 | $4,348 | $5,594 |
| 92241 | $230 | $500 | $1,211 | $2,229 | $3,991 |
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 |