Orick, California Property Taxes
The median property tax rate in Orick, CA is 1.03%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Orick at $113,571, the typical annual property tax bill amounts to $1,123, which is below the national median of $2,690. Property taxes in Orick are calculated based on the tax assessed value, which often falls below market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Orick'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 Orick 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
Orick, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$1,170
$1,105
Ownwell’s Orick Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orick with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orick 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 Orick, California
Property taxes in Orick, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orick is 1.03%, higher than the U.S. national median of 0.99%. Local government entities within Orick set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orick 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 Orick's effective property tax rate to other counties in California and the national median. For comparison, the 95555 zip code has both the highest and lowest median property tax rate of 1.03%. Understanding how these areas compare with Orick 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 Orick Tax Rate
1.03%
Average Humboldt County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orick, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95555 | 0.97% | 1.00% | 1.03% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Orick, California
In Orick, 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. In Orick, 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 Orick helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $1,123, found in the 95555 zip code.
Average Orick Assessed Value
$113,571
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 Orick, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95555 | $28,700 | $52,020 | $113,571 | $182,070 | $346,112 |
Source: Ownwell
Property Tax Bills Across Orick, California
In Orick, located in Humboldt County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is typically determined by the county assessor and is influenced by factors such as the property's market value and any improvements made. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For homeowners in Orick, the median home price is $113,571. Property tax bills can vary significantly, with the 25th percentile tax bill at $538 and the 75th percentile at $1,896. At the 90th percentile, homeowners might see tax bills as high as $3,538. The highest and lowest median tax bills in the area both stand at $1,123, reflecting the uniformity within the specific zip code of 95555. Compared to the national median property tax rate of 0.99%, Orick's property tax rates can have a substantial impact on homeowners, influencing their overall cost of living and financial planning.
Average Orick Tax Bill
$1,123
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Orick, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95555 | $297 | $538 | $1,123 | $1,896 | $3,538 |
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 |