Ludlow, California Property Taxes
The median property tax rate in Ludlow, CA is 1.04%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Ludlow at $37,250, the typical annual property tax bill is $176, significantly below the national median of $2,690. Property taxes in Ludlow are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ludlow'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 Ludlow 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
Ludlow, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$387
$366
$1,148
Average Ludlow, California Tax Savings
Ownwell’s Ludlow Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ludlow with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ludlow 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 Ludlow. 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 Ludlow, California
Property taxes in Ludlow, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ludlow is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Ludlow set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ludlow 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 Ludlow's effective property tax rate to other counties in California and the national median. For comparison, the 92338 zip code has the highest median property tax rate of 1.04%, while the same 92338 zip code also has the lowest median tax rate of 1.04%. Understanding how these cities compare with Ludlow 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 Ludlow Tax Rate
1.04%
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 Ludlow, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92338 | 0.80% | 1.02% | 1.04% | 1.09% | 1.22% |
Source: Ownwell
$1,148
Average Ludlow Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Ludlow, California
In Ludlow, 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 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. 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. Being aware of these valuation processes in Ludlow helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in Ludlow is 92338, with a median tax bill of $176.
Average Ludlow Assessed Value
$37,250
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 Ludlow, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92338 | $13,047 | $14,241 | $37,250 | $79,436 | $147,700 |
Source: Ownwell
$1,148
Average Ludlow Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Ludlow, California
In Ludlow, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Ludlow is $37,250, and property tax rates are applied to this value to determine the annual tax bill. Factors such as property improvements, market conditions, and local tax rates influence the assessed value. Homeowners in Ludlow can expect tax bills ranging from $147 at the 25th percentile to $1,682 at the 90th percentile, with the median tax bill being $176. High property taxes can significantly impact homeowners, making it crucial to manage and potentially reduce these costs. Ownwell offers expert property tax appeal and exemption services to help homeowners lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell ensures that homeowners in Ludlow pay only their fair share of property taxes, providing significant savings and financial relief.
Average Ludlow Tax Bill
$176
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 Ludlow, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92338 | $134 | $147 | $176 | $983 | $1,682 |
Source: Ownwell
$1,148
Average Ludlow 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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