Loma Linda, California Property Taxes
The median property tax rate in Loma Linda, CA is 1.20%, slightly below the California state median of 1.21% but still higher than the national median of 0.99%. With a median home value of $325,495, the typical annual property tax bill in Loma Linda reaches $3,789, surpassing the national median of $2,690. Property taxes in Loma Linda are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Loma Linda'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 Loma Linda 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
Loma Linda, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
$1,272
$1,148
Average Loma Linda, California Tax Savings
Ownwell’s Loma Linda Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Loma Linda with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Loma Linda to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Loma Linda. 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 Loma Linda, California
Property taxes in Loma Linda, California, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Loma Linda is 1.20%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Loma Linda set these rates annually, and they can vary significantly across different neighborhoods. Each year, Loma Linda 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 Loma Linda's effective property tax rate to other areas in San Bernardino County and the national median. For comparison, the 92345 zip code has the highest median property tax rate of 1.25%, while the 92359 zip code has the lowest median tax rate of 1.16%. Understanding how these cities compare with Loma Linda provides valuable insights into the varying tax landscape across San Bernardino County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Loma Linda Tax Rate
1.20%
Average San Bernardino County Tax Rate
1.20%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Loma Linda, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92345 | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% |
| 92354 | 1.07% | 1.17% | 1.20% | 1.23% | 1.30% |
| 92357 | 1.17% | 1.17% | 1.17% | 1.26% | 1.31% |
| 92359 | 1.16% | 1.16% | 1.16% | 1.16% | 1.16% |
| 92373 | 0.23% | 0.24% | 0.26% | 1.19% | 1.21% |
Source: Ownwell
$1,148
Average Loma Linda Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Loma Linda, California
In Loma Linda, 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 San Bernardino 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 Loma Linda, 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 highest median tax bill in the region is $3,796 in the 92354 zip code, while the lowest is $1,144 in the 92345 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Loma Linda Assessed Value
$325,495
Average San Bernardino County Assessed Value
$273,138
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Loma Linda, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92345 | $91,754 | $91,754 | $91,754 | $91,754 | $91,754 |
| 92354 | $99,256 | $196,480 | $324,430 | $478,584 | $632,305 |
| 92357 | $268,281 | $272,136 | $278,563 | $280,622 | $281,857 |
| 92359 | $128,823 | $128,823 | $128,823 | $128,823 | $128,823 |
| 92373 | $532,700 | $558,723 | $573,105 | $587,308 | $613,451 |
Source: Ownwell
$1,148
Average Loma Linda Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Loma Linda, California
In Loma Linda, San Bernardino County, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the county assessor and is typically a percentage of the market value. Factors such as property improvements, location, and market trends are considered. Homeowners in Loma Linda can expect varying tax bills, with the 25th percentile around $2,275 and the 75th percentile reaching up to $5,622. The highest median tax bill in the area is $3,796 in the 92354 zip code, while the lowest is $1,144 in the 92345 zip code. These tax bills can significantly impact homeowners, especially when they exceed the national median property tax rate of 0.99%. Ownwell can help homeowners in Loma Linda by providing expert property tax appeal and exemption services. By thoroughly reviewing your property’s assessed value and identifying potential errors or overestimations, Ownwell can help reduce your tax liability, ensuring you only pay your fair share.
Average Loma Linda Tax Bill
$3,789
Average San Bernardino County Tax Bill
$3,260
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Loma Linda, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92345 | $1,144 | $1,144 | $1,144 | $1,144 | $1,144 |
| 92354 | $1,026 | $2,279 | $3,796 | $5,623 | $7,427 |
| 92357 | $3,271 | $3,286 | $3,311 | $3,449 | $3,532 |
| 92359 | $1,497 | $1,497 | $1,497 | $1,497 | $1,497 |
| 92373 | $1,361 | $1,361 | $1,361 | $2,816 | $8,027 |
Source: Ownwell
$1,148
Average Loma Linda Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | December 2 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| San Bernardino Tax Assessor | |
| Website | pat.bhamaps.com |
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