Palm Springs Area Real Estate Property Tax Rate

How much are Greater Palm Springs area real estate property taxes?

Greater Palm Springs area real estate taxes in Riverside County are set at a rate of 1.25% of the appraised value of the property.  Here are estimated Palm Springs real estate property taxes on a $1,000,000 dollar home:

$1,000,000 Home Purchase Price X 1.25% Tax Rate = $12,500 Estimated Annual Palm Springs Real Estate Taxes

The newly appraised value would be set at the home’s purchase price, even if the previous value were higher or lower.

Riverside County Online Real Estate Property Tax Portals

Annual Property Real Estate Property Taxes Payable In Two Payments

Greater Palm Springs real estate area property taxes are divided into two payments and paid semi-annually; 50% is due by December 10th with the balance due by April 10th.
If you are financing the purchasing of a home, you can request that the lender add the property taxes to your loan payment each month (called impounding taxes) with the lender then paying the property taxes for you twice annually.

Supplemental Tax Areas

There are some Coachella Valley desert communities may also add a supplemental tax called Mello-Roos that funds new infrastructure for the communities. Minor supplemental taxes may also exist in some cities if voters in those cities elected to raise additional funds for bonds or special projects.

Proposition 19: Base Year Value Transfer – Over 55

If you are you 55 or over and selling your home and purchasing another home, be sure to review Proposition 19 to transfer your real estate tax base to your new home.