Arcata, California Property Taxes
The median property tax rate in Arcata, CA is 1.17%, which is considerably higher than the national median of 0.99% but slightly lower than the California state median of 1.21%. With a median home value of $235,635 in Arcata, the typical annual property tax bill reaches $2,764, surpassing the national median of $2,690. Property taxes in Arcata are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Arcata'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 Arcata 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
Arcata, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$2,757
$2,604
Ownwell's Arcata Property Tax Bill Calculator empowers homeowners, real estate investors, and prospective buyers to estimate their annual property taxes in Arcata with ease. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Arcata to provide an accurate estimate of your property tax bill. This invaluable tool offers a clear understanding of your potential tax liabilities. For those interested in more localized trends, additional neighborhood-specific information is available below. Your property’s assessed value is determined by the county for property tax purposes, considering any applicable exemptions.
Property Tax Rates Across Arcata, California
Property taxes in Arcata, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arcata is 1.17%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Arcata set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arcata 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 Arcata's effective property tax rate to other areas in California and the national median. For comparison, the 95521 zip code has the highest median property tax rate of 1.17%, while the 95524 zip code has the lowest median tax rate of 1.14%. Understanding how these areas compare with Arcata provides valuable insights into the varying tax landscape across Humboldt County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arcata Tax Rate
1.17%
Average Humboldt County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arcata, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95521 | 1.09% | 1.13% | 1.17% | 1.26% | 1.42% |
95524 | 1.11% | 1.12% | 1.14% | 1.16% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Arcata, California
In Arcata, 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 Humboldt 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. Assessment notices in Arcata 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. Arcata's highest median tax bill is $4,546 in the 95524 zip code, while the lowest is $2,764 in the 95521 zip code. Being aware of these valuation processes in Arcata helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Arcata Assessed Value
$235,635
Average Humboldt County Assessed Value
$227,816
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arcata, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95521 | $51,996 | $113,009 | $235,804 | $363,872 | $482,335 |
95524 | $215,694 | $287,745 | $407,830 | $527,915 | $599,966 |
Source: Ownwell
Property Tax Bills Across Arcata, California
In Arcata, property tax bills are calculated based on the assessed value of the home, which is determined by the Humboldt County Assessor's Office. The assessed value is typically a percentage of the property's market value. Homeowners in Arcata can expect their tax bills to vary significantly, with the 25th percentile tax bill around $1,456 and the 75th percentile reaching up to $4,187. For those in the 90th percentile, tax bills can be as high as $5,462. These figures can fluctuate depending on the specific neighborhood and property characteristics. The median home price in Arcata is approximately $235,635, which plays a crucial role in determining the overall tax burden for homeowners. Compared to the national median property tax rate of 0.99%, Arcata's tax rates reflect the local economic conditions and budgetary needs. The highest median tax bill in the area is $4,546, found in the 95524 zip code, while the lowest is $2,764 in the 95521 zip code. Understanding these factors helps homeowners anticipate their annual property tax obligations and budget accordingly.
Average Arcata Tax Bill
$2,764
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Arcata, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95521 | $730 | $1,456 | $2,764 | $4,186 | $5,462 |
95524 | $2,494 | $3,264 | $4,546 | $5,828 | $6,598 |
Source: Ownwell
Don't miss the deadline to appeal!
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Humboldt Tax Assessor | |
Website | common1.mptsweb.com |