Wilsonia, California Property Taxes
The median property tax rate in Wilsonia, CA is 1.10%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $16,730, the typical annual property tax bill in Wilsonia amounts to $185, significantly below the national median of $2,690. Property taxes in Wilsonia are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Wilsonia's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Wilsonia or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wilsonia, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$184
$171
Ownwell’s Wilsonia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wilsonia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wilsonia 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 Wilsonia, California
Property taxes in Wilsonia, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wilsonia is 1.10%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Wilsonia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wilsonia 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 Wilsonia's effective property tax rate to other counties in California and the national median. For comparison, the 93633 zip code has the highest median property tax rate of 1.10%, while the 93633 zip code also has the lowest median tax rate of 1.10%. Understanding how these cities compare with Wilsonia 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 Wilsonia Tax Rate
1.10%
Average Tulare County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilsonia, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93633 | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Wilsonia, California
In Wilsonia, 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's Office 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 Wilsonia, 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 Wilsonia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Wilsonia are both $185, found in zip code 93633.
Average Wilsonia Assessed Value
$16,730
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 Wilsonia, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93633 | $16,730 | $16,730 | $16,730 | $16,730 | $16,730 |
Source: Ownwell
Property Tax Bills Across Wilsonia, California
In Wilsonia, located in Tulare County, CA, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. This assessed value is typically a percentage of the property's market value. Once the assessed value is established, the property tax rate is applied to calculate the annual tax bill. For example, with a median home price of $16,730, homeowners can expect a median tax bill of $185. The tax bills in Wilsonia are relatively modest compared to the national median property tax rate of 0.99%. This lower tax burden can be attributed to the lower property values in the area. Factors such as property size, location, and any applicable exemptions or deductions also play a role in determining the final tax bill. For homeowners, understanding how their tax bill is calculated is crucial, as it directly impacts their annual financial planning and overall cost of homeownership.
Average Wilsonia Tax Bill
$185
Average Tulare County Tax Bill
$1,854
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilsonia, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93633 | $185 | $185 | $185 | $185 | $185 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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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 | |
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Tulare Tax Assessor | |
Website | common1.mptsweb.com |