Phillipsville, California Property Taxes
The median property tax rate in Phillipsville, CA is 1.17%, which is 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 $123,899 in Phillipsville, the typical annual property tax bill amounts to $1,443, which is below the national median of $2,690. Property taxes in Phillipsville are based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Phillipsville'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 Phillipsville or another part of Humboldt County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Phillipsville, 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 PHILLIPSVILLE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in PHILLIPSVILLE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in PHILLIPSVILLE 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 Phillipsville, California
Property taxes in Phillipsville, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Phillipsville is 1.17%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Phillipsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Phillipsville 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 Phillipsville's effective property tax rate to other counties in California and the national median. For comparison, the 95559 zip code has the highest median property tax rate of 1.17%, while the same zip code also has the lowest median tax rate of 1.17%. Understanding how these cities compare with Phillipsville 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 Phillipsville 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 Phillipsville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95559 | 1.13% | 1.15% | 1.17% | 1.25% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Phillipsville, California
In Phillipsville, 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 Phillipsville, 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 Phillipsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in Phillipsville is 95559, with a median bill of $1,443.
Property Tax Assessment Values Across Phillipsville, California
Source: Ownwell
$21,799
$214,815
$407,830
Average Phillipsville Assessed Value
$123,899
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 Phillipsville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95559 | $47,877 | $69,286 | $123,899 | $214,089 | $295,145 |
Source: Ownwell
Property Tax Bills Across Phillipsville, California
In Phillipsville, located in Humboldt County, CA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and typically reflects the property's market value at the time of purchase, adjusted annually for inflation. Various factors influence this assessed value, including property location, size, and market conditions. Homeowners in Phillipsville can expect a wide range of property tax bills. For instance, the 25th percentile tax bill is approximately $875, while the 75th percentile tax bill reaches around $2,478. At the higher end, the 90th percentile tax bill can be as much as $3,361. The median home price in Phillipsville stands at $123,899, which helps provide context for these tax amounts. Compared to the national median property tax rate of 0.99%, Phillipsville's property tax rates can vary significantly, potentially impacting homeowners' financial planning and overall cost of living. Understanding these factors is crucial for homeowners to manage their expenses effectively.
Average Phillipsville Tax Bill
$1,443
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Phillipsville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95559 | $584 | $875 | $1,443 | $2,478 | $3,361 |
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 |