Redlands, California Property Taxes
The median property tax rate in Redlands, CA is 1.31%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Redlands at $384,856, the typical annual property tax bill reaches $5,034, exceeding the national median of $2,690. Property taxes in Redlands 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 Redlands' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Redlands 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
Redlands, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$5,042
$4,761
Ownwell’s Redlands Property Tax Bill Calculator allows homeowners, real estate investors, and potential owners to estimate their annual property taxes in Redlands with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Redlands to provide an estimate of your property tax bill. This valuable 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 Redlands, California
Property taxes in Redlands, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Redlands is 1.31%, significantly higher than the U.S. national median of 0.99%. Local government entities within Redlands set these rates annually, and they can vary significantly across different neighborhoods. Each year, Redlands 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 Redlands' effective property tax rate to other areas in Riverside County and the national median. For comparison, the 92373 zip code has the highest median property tax rate of 1.31%, while the same zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Redlands 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 Redlands Tax Rate
1.31%
Average Riverside County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Redlands, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92373 | 1.21% | 1.28% | 1.31% | 1.32% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Redlands, California
In Redlands, 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 Appraisal District 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 Redlands, 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. For instance, the zip code 92373 has the highest median tax bill at $5,034. Being aware of these valuation processes in Redlands helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Redlands Assessed Value
$384,856
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 Redlands, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92373 | $26,604 | $113,570 | $384,856 | $771,096 | $1,070,571 |
Source: Ownwell
Property Tax Bills Across Redlands, California
In Redlands, Riverside County, CA, property tax bills are calculated based on the assessed value of the home, which is determined by the Riverside County Assessor's Office. The assessed value is typically a percentage of the market value of the property. For example, a median home price in Redlands stands at $384,856. Property tax rates in Redlands can vary significantly. The 25th percentile tax bill is around $1,420, while the 75th percentile tax bill can reach up to $8,888, and the 90th percentile tax bill peaks at $13,696. These variations depend on several factors, including property location, size, and any applicable exemptions. Homeowners in the ZIP code 92373 experience a median tax bill of $5,034, which is notably higher than the national median property tax rate of 0.99%. The property tax bill directly impacts homeowners by influencing their annual housing costs and can affect decisions related to property investment and homeownership.
Average Redlands Tax Bill
$5,034
Average Riverside County Tax Bill
$4,079
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Redlands, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92373 | $348 | $1,420 | $5,034 | $8,888 | $13,696 |
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 |