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Grand Terrace, San Bernardino County, California Property Taxes

  • Median Grand Terrace, CA effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.

  • Median Grand Terrace, CA home value: $274,996

  • Median annual Grand Terrace, CA tax bill: $3,423, $1,023 higher than the national median property tax bill of $2,400.

How are property taxes in San Bernardino calculated?

Property taxes in Grand Terrace, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Grand Terrace’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grand Terrace, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Grand Terrace, San Bernardino County, California Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.26%

Estimate Property Tax Bill

$3,465

$3,215

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Grand Terrace Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grand Terrace with just two data points. By entering your property's estimated assessed value, our calculator applies Grand Terrace’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in San Bernardino County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Grand Terrace, San Bernardino County, California

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates the budget needed to provide essential services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although setting tax rates and budgets involves votes and laws, this calculation is the core of the annual process.

In Grand Terrace, located in San Bernardino County, the effective property tax rate is notably higher than the national median of 1.02%. When compared to other cities in California, Grand Terrace's rate is among the highest, reflecting the county's budgetary requirements and property values. This means residents in Grand Terrace pay a higher percentage of their property's assessed value in taxes compared to the national average, which can impact homeowners' financial planning and property affordability. Understanding these rates can help property owners make informed decisions about their investments and potential tax appeals.

Property Tax Rates Across Grand Terrace, San Bernardino County, California

Source: Ownwell

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0.26%

1.46%

2.66%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Grand Terrace Tax Rate

1.26%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective San Bernardino County Tax Rate

1.20%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grand Terrace, San Bernardino County, California

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
923131.16%1.24%1.26%1.29%1.35%
923240.72%1.22%1.25%1.29%1.36%

Source: Ownwell

Property Tax Assessment Values Across Grand Terrace, San Bernardino County, California

When examining property taxes in Grand Terrace, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The San Bernardino County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In San Bernardino County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Grand Terrace. For example, the median home price in Grand Terrace is $274,996, with tax bills ranging significantly across the county. Zip code 92313 has the highest median home price at $275,151.

Property Tax Assessment Values Across Grand Terrace, San Bernardino County, California

Source: Ownwell

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$12,500

$296,628

$580,756

Median Grand Terrace Market Value

$274,996

Median San Bernardino County Market Value

$273,138

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grand Terrace, San Bernardino County, California

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
92313$93,131$184,522$275,151$398,241$499,310
92324$112,169$181,094$242,880$404,396$477,337

Source: Ownwell

Property Tax Bills Across Grand Terrace, San Bernardino County, California

In Grand Terrace, located in San Bernardino County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The median home price in this area is approximately $274,996. Homeowners can expect to pay property taxes that range significantly, with the 25th percentile tax bill at $2,304 and the 75th percentile at $4,898. The tax bill can reach as high as $6,102 for those in the 90th percentile. This variation is due to differences in property values and applicable local tax rates. The highest median tax bill within the region is $3,430 in the 92313 zip code, while the lowest is $3,109 in the 92324 zip code. Comparatively, the national median property tax bill is $2,400. Ownwell offers property tax appeal services that can help homeowners in Grand Terrace potentially reduce their tax bills by ensuring their property is not over-assessed, thereby aligning their tax obligations more closely with their property's true market value.

Property Tax Bills Across Grand Terrace, San Bernardino County, California

Source: Ownwell

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$124

$4,481

$8,837

Median Grand Terrace Tax Bill

$3,423

Median San Bernardino County Tax Bill

$3,260

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Grand Terrace, San Bernardino County, California

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
92313$1,172$2,309$3,430$4,902$6,100
92324$1,498$1,907$3,109$3,895$5,747

Source: Ownwell

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