Valley Of The Moon, California Property Taxes
The median property tax rate in Valley of the Moon, CA is 1.39%, significantly higher than both the national median of 0.99% and the California state median of 1.21%. With a median home value of $184,354 in Valley of the Moon, the typical annual property tax bill is $2,559, which is just below the national median of $2,690. Property taxes in Valley of the Moon are calculated based on the assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding the local property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Valley of the Moon or another part of the city, grasping the nuances of the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Valley Of The Moon, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$2,563
$2,420
$1,148
Average Valley Of The Moon, California Tax Savings
Ownwell’s Valley of the Moon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Valley of the Moon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Valley of the Moon 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 Valley of the Moon. 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 Valley Of The Moon, California
Property taxes in Valley of the Moon, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Valley of the Moon is 1.39%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Valley of the Moon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Valley of the Moon 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 Valley of the Moon's effective property tax rate to other counties in California and the national median. For comparison, other regions within San Bernardino County have varying tax rates, providing valuable insights into the diverse tax landscape across the county. Understanding how these areas compare with Valley of the Moon helps homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Valley Of The Moon Tax Rate
1.39%
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 Valley Of The Moon, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Valley Of The Moon Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Valley Of The Moon, California
In Valley of the Moon, 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 Valley of the Moon, 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 Valley of the Moon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Valley Of The Moon, California
Source: Ownwell
$1,991
$441,711
$881,430
Average Valley Of The Moon Assessed Value
$184,354
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 Valley Of The Moon, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Valley Of The Moon Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Valley Of The Moon, California
Property tax bills in Valley of the Moon, San Bernardino County, CA, are calculated based on the assessed value of your home. The county assesses properties annually, considering factors like market value, property improvements, and comparable sales in the area. With California's Proposition 13, property tax rates are capped at 1% of the assessed value, plus any voter-approved local taxes and assessments. For homeowners in Valley of the Moon, the median home price is $184,354, leading to an estimated annual tax bill of $2,559. This tax bill is consistent across various percentiles, reflecting a stable property tax environment. However, this rate is significantly higher than the national median property tax rate of 0.99%, making it crucial for homeowners to seek potential savings. Ownwell can assist homeowners by reviewing their property assessments to identify discrepancies or overvaluations. By appealing incorrect assessments and applying for eligible exemptions, Ownwell helps reduce property tax bills, ensuring homeowners pay only their fair share.
Average Valley Of The Moon Tax Bill
$2,559
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 Valley Of The Moon, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Valley Of The Moon 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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