Tulare, California Property Taxes
The median property tax rate in Tulare, CA is 1.07%, 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 Tulare at $187,977, the typical annual property tax bill reaches $1,971, which is below the national median of $2,690. Property taxes in Tulare are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Tulare'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 Tulare or another part of the county, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tulare, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$2,011
$1,900
Ownwell’s Tulare Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tulare with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tulare 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 Tulare, California
Property taxes in Tulare, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tulare is 1.07%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Tulare set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tulare 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 Tulare's effective property tax rate to other counties in California and the national median. For comparison, the 93274 zip code has the highest median property tax rate of 1.07%, while the same zip code also has the lowest median tax rate of 1.07%. Understanding how these cities compare with Tulare provides valuable insights into the varying tax landscape across Tulare County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tulare Tax Rate
1.07%
Average Tulare County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tulare, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93274 | 0.98% | 1.04% | 1.07% | 1.09% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Tulare, California
In Tulare, 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 Tulare 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 Tulare, 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. The median home price in Tulare is $187,977, with tax bills ranging from $1,241 at the 25th percentile to $3,905 at the 90th percentile. Notably, the highest and lowest median tax bills are both $1,971 in the 93274 zip code. 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 Tulare helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Tulare Assessed Value
$187,977
Average Tulare County Assessed Value
$173,848
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tulare, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93274 | $68,975 | $120,124 | $187,958 | $279,124 | $361,493 |
Source: Ownwell
Property Tax Bills Across Tulare, California
In Tulare, CA, property tax bills are calculated based on the assessed value of a home, which is typically determined by the county assessor's office. The assessed value is often a percentage of the market value of the property. Homeowners in Tulare can expect a median tax bill of $1,971, which is derived from the city's median home price of $187,977. This figure is lower than the national median property tax rate of 0.99%. Factors influencing the tax bill include the property's assessed value, any applicable exemptions, and the local tax rate. For instance, the 25th percentile of tax bills in Tulare is $1,241, while the 75th percentile reaches $3,017, and the 90th percentile climbs to $3,905. These variations highlight how different property values and exemptions can significantly impact the overall tax burden for homeowners. Understanding these factors can help homeowners in Tulare better anticipate their annual property tax obligations and manage their finances accordingly.
Average Tulare Tax Bill
$1,971
Average Tulare County Tax Bill
$1,854
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Tulare, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93274 | $698 | $1,241 | $1,971 | $3,017 | $3,905 |
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 | |
|---|---|
| Tulare Tax Assessor | |
| Website | common1.mptsweb.com |