Perris, California Property Taxes
The median property tax rate in Perris, CA is 1.19%, which is higher than the national median of 0.99% but slightly below the California state median of 1.21%. With a median home value of $247,425 in Perris, the typical annual property tax bill amounts to $3,295, surpassing the national median of $2,690. Property taxes in Perris are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Perris's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Perris or another part of the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Perris, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$2,944
$2,781
Ownwell’s Perris Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Perris with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Perris 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 Perris, California
Property taxes in Perris, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Perris stands at 1.19%, which is higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Perris set these rates annually, and they can vary significantly across different neighborhoods. Each year, Perris 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 Perris's effective property tax rate to other areas in Riverside County and the national median. For comparison, the 92571 zip code has the highest median property tax rate of 1.27%, while the 92570 zip code has the lowest median tax rate of 1.15%. Understanding how these cities compare with Perris 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 Perris Tax Rate
1.19%
Average Riverside County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Perris, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92570 | 1.02% | 1.10% | 1.15% | 1.24% | 1.81% |
| 92571 | 1.10% | 1.17% | 1.27% | 1.82% | 2.22% |
Source: Ownwell
Property Tax Assessment Values Across Perris, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Perris, California. 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 Perris, 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 example, the highest median tax bill in Perris is $4,050 in the 92571 zip code, while the lowest median tax bill is $2,512 in the 92570 zip code. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Perris Assessed Value
$247,425
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 Perris, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92570 | $62,836 | $114,720 | $220,828 | $376,808 | $523,385 |
| 92571 | $118,348 | $176,978 | $266,099 | $369,570 | $469,200 |
Source: Ownwell
Property Tax Bills Across Perris, California
In Perris, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the Riverside County Assessor. The assessed value typically starts with the purchase price and can be adjusted annually based on market conditions and local regulations. Factors such as property improvements and changes in market value can influence this assessment. Homeowners in Perris experience a range of tax bills. For instance, the 25th percentile tax bill is $1,710, while the 75th percentile reaches $5,644, and the 90th percentile climbs to $7,377. The median home price in Perris is $247,425, and the property tax rate in Riverside County plays a crucial role in determining the final tax bill. Comparatively, the national median property tax rate is 0.99%, making it essential for Perris homeowners to understand how their local rates and assessed values impact their annual tax obligations. High and low median tax bills in the area can vary significantly, with the highest median tax bill in zip code 92571 being $4,050 and the lowest in zip code 92570 at $2,512.
Average Perris Tax Bill
$3,295
Average Riverside County Tax Bill
$4,079
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Perris, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92570 | $728 | $1,275 | $2,512 | $4,945 | $7,428 |
| 92571 | $1,431 | $2,204 | $4,050 | $6,040 | $7,354 |
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 |