Willows, California Property Taxes
The median property tax rate in Willows, CA is 1.47%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Willows at $136,465, the typical annual property tax bill reaches $2,020, which is still below the national median of $2,690. Property taxes in Willows are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Willows' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Willows 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
Willows, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.47%
Estimate Property Tax Bill
$2,006
$1,895
Ownwell’s Willows Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Willows with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Willows to provide an estimate of your property tax bill. This valuable tool helps you grasp potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is the value assigned by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Willows, California
Property taxes in Willows, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Willows is 1.47%, significantly higher than the U.S. national median of 0.99%. Local government entities within Willows set these rates annually, and they can vary across different neighborhoods. Each year, Willows 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 Willows' effective property tax rate to other areas in Glenn County and the national median. For comparison, the zip code 95988 has the highest and lowest median property tax rate of 1.47%. Understanding how these areas compare with Willows provides valuable insights into the varying tax landscape across Glenn County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Willows Tax Rate
1.47%
Average Glenn County Tax Rate
1.12%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Willows, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95988 | 1.07% | 1.26% | 1.47% | 1.79% | 2.39% |
Source: Ownwell
Property Tax Assessment Values Across Willows, California
In Willows, 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 Glenn 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 Willows, 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. The zip code with the highest and lowest median tax bill in Willows is 95988, with a median tax bill of $2020. Being aware of these valuation processes in Willows helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Willows Assessed Value
$136,465
Average Glenn County Assessed Value
$154,800
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Willows, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95988 | $45,969 | $83,734 | $136,465 | $220,365 | $299,761 |
Source: Ownwell
Property Tax Bills Across Willows, California
In Willows, located in Glenn County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This value is typically a percentage of the market value of the home. Homeowners in Willows can expect their property tax bills to fall within a range, with the 25th percentile at $1,522 and the 75th percentile at $2,832. The 90th percentile tax bill can reach up to $3,636. The median home price in Willows is $136,465, and property taxes are influenced by this valuation. Factors such as property improvements, market trends, and changes in local tax rates can affect the assessed value, thereby impacting the overall tax bill. The highest and lowest median tax bills in the area are both recorded at $2,020 in the 95988 zip code. Compared to the national median property tax rate of 0.99%, homeowners in Willows experience a varied range of tax obligations, reflecting the unique dynamics of the local real estate market.
Average Willows Tax Bill
$2,020
Average Glenn County Tax Bill
$1,881
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Willows, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95988 | $1,065 | $1,522 | $2,020 | $2,832 | $3,636 |
Source: Ownwell