Clements, California Property Taxes
The median property tax rate in Clements, CA is 1.17%, which is higher than both the national median of 0.99% and the California state median of 1.21%. With a median home value of $321,391, the typical annual property tax bill in Clements reaches $4,664, significantly exceeding the national median of $2,690. Property taxes in Clements are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Clements' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Clements or another part of San Joaquin County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clements, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$3,760
$3,489
Ownwell’s Clements Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clements with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clements to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Clements, California
Property taxes in Clements, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clements is 1.17%, which is higher than the U.S. national median of 0.99%. Local government entities within Clements set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clements 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 Clements' effective property tax rate to other areas in California and the national median. For comparison, the 95227 zip code has both the highest and lowest median property tax rate of 1.17%. Understanding how these figures compare with Clements provides valuable insights into the varying tax landscape across San Joaquin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clements Tax Rate
1.17%
Average San Joaquin County Tax Rate
1.22%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clements, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95227 | 1.08% | 1.11% | 1.17% | 1.30% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Clements, California
In Clements, 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 Joaquin 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 Clements, 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 Clements helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 95227 has the highest median tax bill at $4,664, which is above the national median property tax rate of 0.99%.
Average Clements Assessed Value
$321,391
Average San Joaquin County Assessed Value
$273,669
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clements, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95227 | $61,335 | $119,830 | $321,391 | $588,072 | $806,547 |
Source: Ownwell
Property Tax Bills Across Clements, California
In Clements, located in San Joaquin County, CA, property tax bills are calculated based on the assessed value of a home. The median home price in Clements is $321,391, which influences the overall tax bill. The assessed value is determined by the county assessor and is typically a percentage of the market value. Homeowners in Clements can expect a range of property tax bills, with the 25th percentile at $2,512 and the 75th percentile reaching $7,526. The 90th percentile tax bill can go up to $10,015. Several factors contribute to the calculation of the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. The median property tax rate in the area is higher compared to the national median of 0.99%, impacting homeowners' annual expenses significantly. These taxes fund essential public services like schools, infrastructure, and emergency services, thereby directly affecting the community's quality of life.
Average Clements Tax Bill
$4,664
Average San Joaquin County Tax Bill
$3,562
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Clements, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95227 | $1,454 | $2,512 | $4,664 | $7,526 | $10,015 |
Source: 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 Joaquin Tax Assessor | |
| Website | common3.mptsweb.com |