Visalia, California Property Taxes
The median property tax rate in Visalia, CA is 1.04%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $230,796 in Visalia, the typical annual property tax bill is approximately $2,380, which is below the national median of $2,690. Property taxes in Visalia are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Visalia'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 Visalia 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
Visalia, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$2,400
$2,227
Ownwell’s Visalia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Visalia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Visalia 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 Visalia, California
Property taxes in Visalia, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Visalia is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Visalia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Visalia 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 Visalia's effective property tax rate to other areas and the national median. For comparison, the 93292 zip code has the highest median property tax rate of 1.06%, while the 93290 zip code has the lowest median tax rate of 0.98%. Understanding how these areas compare with Visalia 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 Visalia Tax Rate
1.04%
Average Tulare County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Visalia, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93245 | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% |
93277 | 0.96% | 1.00% | 1.03% | 1.05% | 1.12% |
93290 | 0.98% | 0.98% | 0.98% | 0.98% | 0.98% |
93291 | 0.96% | 1.03% | 1.06% | 1.13% | 1.18% |
93292 | 0.96% | 1.02% | 1.06% | 1.12% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Visalia, California
In Visalia, 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 Visalia, 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 Visalia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $3,066 in zip code 93290, while the lowest is $1,088 in zip code 93245.
Average Visalia Assessed Value
$230,796
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 Visalia, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93245 | $104,569 | $104,569 | $104,569 | $104,569 | $104,569 |
93277 | $103,217 | $152,335 | $214,112 | $294,572 | $382,984 |
93290 | $313,000 | $313,000 | $313,000 | $313,000 | $313,000 |
93291 | $80,645 | $144,123 | $265,108 | $375,372 | $497,116 |
93292 | $92,833 | $153,517 | $227,998 | $306,382 | $381,500 |
Source: Ownwell
Property Tax Bills Across Visalia, California
In Visalia, located in Tulare County, CA, property tax bills are calculated based on the assessed value of a home, which is typically determined by the county assessor. This assessed value is then multiplied by the local property tax rate, which is slightly above the national median of 0.99%. Homeowners in Visalia can expect a range of tax bills depending on their property's value. For instance, the 25th percentile of tax bills in Visalia is around $1,498, while the 75th percentile reaches approximately $3,459. At the higher end, the 90th percentile tax bill can go up to $4,514. The highest median tax bill in the area is $3,066, found in the 93290 zip code, whereas the lowest median tax bill is $1,088 in the 93245 zip code. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life and community resources available to homeowners.
Average Visalia Tax Bill
$2,380
Average Tulare County Tax Bill
$1,854
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Visalia, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93245 | $1,088 | $1,088 | $1,088 | $1,088 | $1,088 |
93277 | $964 | $1,496 | $2,156 | $2,957 | $3,959 |
93290 | $3,066 | $3,066 | $3,066 | $3,066 | $3,066 |
93291 | $877 | $1,534 | $2,840 | $4,029 | $5,204 |
93292 | $916 | $1,473 | $2,258 | $3,210 | $3,866 |
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 |