Long Barn, California Property Taxes
The median property tax rate in Long Barn, CA is 1.10%, 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 $172,901, the typical annual property tax bill in Long Barn is around $1,902, which is below the national median of $2,690. Property taxes in Long Barn are calculated based on the assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Long Barn'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 Long Barn or another part of Tuolumne County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Long Barn, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$1,902
$1,765
Ownwell’s Long Barn Property Tax Bill Calculator allows any homeowner, real estate investor, or prospective buyer to estimate their annual property taxes in Long Barn with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Long Barn to estimate your property tax bill. This useful tool provides a clear understanding of potential tax liabilities. For those interested in more localized trends, additional neighborhood-level information is available below. Your property’s assessed value is the value assigned by the county for property tax calculations, which includes any applicable exemptions.
Property Tax Rates Across Long Barn, California
Property taxes in Long Barn, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Long Barn is 1.10%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Long Barn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Long Barn 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 Long Barn's effective property tax rate to other counties in California and the national median. For comparison, the 95335 zip code has the highest median property tax rate of 1.10%, while the same 95335 zip code also has the lowest median tax rate of 1.10%. Understanding how these areas compare with Long Barn provides valuable insights into the varying tax landscape across Tuolumne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Long Barn Tax Rate
1.10%
Average Tuolumne County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Long Barn, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95335 | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Long Barn, California
In Long Barn, 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 Tuolumne 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 Long Barn, 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 Long Barn helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median property tax bill in Long Barn is $1,902, with both the highest and lowest median tax bills recorded in the 95335 zip code.
Average Long Barn Assessed Value
$172,901
Average Tuolumne County Assessed Value
$197,472
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Long Barn, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95335 | $26,252 | $80,414 | $172,901 | $261,209 | $365,518 |
Source: Ownwell
Property Tax Bills Across Long Barn, California
In Long Barn, located in Tuolumne County, CA, property tax bills are calculated based on the assessed value of a home, typically determined by the county assessor. The assessed value is influenced by factors such as the market value of the property, recent sales of comparable properties, and any improvements made to the home. The property tax rate in Long Barn is applied to this assessed value to determine the annual tax bill. For homeowners in Long Barn, the median home price is $172,901. Property tax bills can vary significantly, with the 25th percentile paying around $910 annually, while those in the 75th percentile face bills of approximately $2,889. At the higher end, the 90th percentile of homeowners may pay up to $4,021. These property taxes play a crucial role in funding local services such as schools, public safety, and infrastructure. Homeowners should be aware of these costs as they can significantly impact their annual expenses and the overall affordability of owning a home in Long Barn.
Average Long Barn Tax Bill
$1,902
Average Tuolumne County Tax Bill
$2,219
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Long Barn, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95335 | $318 | $910 | $1,902 | $2,889 | $4,021 |
Source: Ownwell