Pomona, California Property Taxes
The median property tax rate in Pomona, CA is 1.08%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Pomona at $210,720, the typical annual property tax bill reaches $2,279, slightly below the national median of $2,690. Property taxes in Pomona are calculated based on the assessed value, which often falls below the market value due to exemptions like the primary residence exemption. Understanding Pomona'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 Pomona 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
Pomona, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,276
$2,112
$1,148
Average Tax Savings
Ownwell’s Pomona Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pomona with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pomona 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 Pomona. 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 Pomona, California
Property taxes in Pomona, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pomona is 1.08%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Pomona set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pomona 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 Pomona's effective property tax rate to other areas in California and the national median. For comparison, the 91766 zip code has the highest median property tax rate of 1.08%, while the same 91766 zip code also has the lowest median tax rate of 1.08%. Understanding how these areas compare with Pomona 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 Pomona Tax Rate
1.08%
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 Pomona, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91766 | 1.03% | 1.05% | 1.08% | 1.09% | 1.17% |
Source: Ownwell
$1,148
Average Pomona Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Pomona, California
In Pomona, 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 Pomona, 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 Pomona helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 91766 has both the highest and lowest median tax bill at $2,279.
Average Pomona Assessed Value
$210,720
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 Pomona, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91766 | $93,057 | $137,580 | $210,720 | $322,524 | $494,768 |
Source: Ownwell
$1,148
Average Pomona Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Pomona, California
Property tax bills in Pomona, San Bernardino County, are calculated based on the assessed value of a property, which is typically determined by the market value at the time of purchase or reassessment. The median home price in Pomona is $210,720, and the property tax rate in California is derived from the base rate of 1% of the assessed value, with additional local taxes and assessments. This means homeowners can expect to pay around $2,107 annually, though tax bills can vary significantly. For instance, the 25th percentile tax bill stands at $1,470, while the 75th percentile reaches $3,392, and the 90th percentile soars to $5,258. These tax bills can be a substantial burden for homeowners. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing your property's assessed value and comparing it with market trends, Ownwell can identify discrepancies and file appeals on your behalf. This service can result in significant savings, reducing your annual property tax bill and easing your financial load.
Average Pomona Tax Bill
$2,279
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 Pomona, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91766 | $998 | $1,470 | $2,279 | $3,392 | $5,258 |
Source: Ownwell
$1,148
Average Pomona 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 | November 30 |
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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