Palm Desert, California Property Taxes
The median property tax rate in Palm Desert, CA is 1.32%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Palm Desert at $353,817, the typical annual property tax bill reaches $4,497, exceeding the national median of $2,690. Property taxes in Palm Desert 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 Palm Desert'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 Palm Desert 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
Palm Desert, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.32%
Estimate Property Tax Bill
$4,670
$4,334
Ownwell’s Palm Desert Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Palm Desert with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Palm Desert 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 Palm Desert, California
Property taxes in Palm Desert, CA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Palm Desert is 1.32%, higher than the U.S. national median of 0.99%. Local government entities within Palm Desert set these rates annually, and they can vary significantly across different neighborhoods. Each year, Palm Desert 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 Palm Desert's effective property tax rate to other areas in Riverside County and the national median. For comparison, the 92260 zip code has the highest median property tax rate of 1.33%, while the 92211 zip code has the lowest median tax rate of 1.30%. Understanding how these cities compare with Palm Desert 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 Palm Desert Tax Rate
1.32%
Average Riverside County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Palm Desert, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92211 | 1.16% | 1.26% | 1.30% | 1.38% | 1.49% |
92260 | 1.19% | 1.28% | 1.33% | 1.41% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Palm Desert, California
In Palm Desert, 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 Palm Desert, 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. For instance, the median home price in Palm Desert is $353,817, with tax bills ranging from $3,155 at the 25th percentile to $9,123 at the 90th percentile. The highest median tax bill is $4,742 in the 92211 zip code, while the lowest is $4,127 in the 92260 zip code. 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 Palm Desert, California
Source: Ownwell
$3,614
$924,392
$1,845,170
Average Palm Desert Assessed Value
$353,817
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 Palm Desert, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92211 | $194,980 | $273,409 | $379,249 | $519,455 | $698,033 |
92260 | $110,365 | $195,645 | $317,667 | $510,000 | $818,278 |
Source: Ownwell
Property Tax Bills Across Palm Desert, California
In Palm Desert, located in Riverside County, CA, property tax bills are calculated based on the assessed value of the property. The assessment is typically a percentage of the market value determined by the county assessor. The median home price in Palm Desert is $353,817, and the property tax rate is applied to this assessed value to determine the tax bill. Factors influencing the tax bill include the property's location, improvements, and any applicable exemptions or deductions. In Palm Desert, the 25th percentile of tax bills is $3,155, while the 75th percentile reaches $6,394. Homeowners in the 90th percentile face tax bills as high as $9,123. Within the city, the highest median tax bill of $4,742 is found in the 92211 zip code, whereas the lowest median tax bill of $4,127 is in the 92260 zip code. These property tax rates can significantly impact homeowners, influencing their overall housing costs and potentially affecting their financial planning and long-term investment in their property.
Average Palm Desert Tax Bill
$4,497
Average Riverside County Tax Bill
$4,079
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Palm Desert, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92211 | $2,636 | $3,593 | $4,742 | $6,416 | $8,657 |
92260 | $1,653 | $2,675 | $4,127 | $6,357 | $9,983 |
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 |