Ferndale, California Property Taxes
The median property tax rate in Ferndale, CA is 1.19%, slightly higher than the national median of 0.99% but just below California's state median of 1.21%. With a median home value of $246,756, the typical annual property tax bill in Ferndale reaches $2,931, surpassing the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Ferndale'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 Ferndale or another part of Humboldt County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ferndale, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Ferndale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ferndale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ferndale 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 Ferndale, California
Property taxes in Ferndale, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ferndale is 1.19%, higher than the U.S. national median of 0.99%. Local government entities within Ferndale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ferndale 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 Ferndale's effective property tax rate to other regions in California and the national median. For comparison, the zip code 95536 has the highest median property tax rate of 1.19%, while the same zip code also has the lowest median tax rate of 1.19%. Understanding how these figures compare with Ferndale 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 Ferndale Tax Rate
1.19%
Average Humboldt County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ferndale, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95536 | 0.98% | 1.01% | 1.19% | 1.38% | 1.84% |
Source: Ownwell
Property Tax Assessment Values Across Ferndale, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Ferndale, California. 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. In Ferndale, 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 Ferndale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill in Ferndale is 95536, with a median tax bill of $2,931.
Average Ferndale Assessed Value
$246,756
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 Ferndale, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95536 | $63,479 | $122,150 | $246,756 | $383,998 | $561,816 |
Source: Ownwell
Property Tax Bills Across Ferndale, California
In Ferndale, property tax bills are calculated based on the assessed value of your home, which is determined by the Humboldt County Assessor's Office. The tax rate is applied to this assessed value to determine your annual property tax bill. For instance, with a median home price of $246,756, the tax bill can vary significantly. Homeowners in the 25th percentile can expect a tax bill around $1,674, while those in the 75th percentile might see bills as high as $4,564. At the 90th percentile, tax bills can reach up to $6,169. Several factors influence these amounts, including property location, improvements, and market conditions. The highest median tax bill in the area is $2,931, found in the 95536 zip code. This variability in tax bills significantly impacts homeowners, as higher property taxes can affect monthly mortgage payments and overall affordability. Compared to the national median property tax rate of 0.99%, Ferndale's rates illustrate the importance of understanding local property tax dynamics.
Average Ferndale Tax Bill
$2,931
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Ferndale, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95536 | $967 | $1,674 | $2,931 | $4,564 | $6,169 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Humboldt Tax Assessor | |
| Website | common1.mptsweb.com |