Willow Creek, California Property Taxes
The median property tax rate in Willow Creek, CA is 1.11%, 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 Willow Creek at $195,529, the typical annual property tax bill reaches $2,100, which is below the national median of $2,690. Property taxes in Willow Creek 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 Willow Creek'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 Willow Creek 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
Willow Creek, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$2,170
$2,050
Ownwell’s Willow Creek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Willow Creek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Willow Creek 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 Willow Creek, California
Property taxes in Willow Creek, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Willow Creek is 1.11%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Willow Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, Willow Creek 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 Willow Creek's effective property tax rate to other counties in California and the national median. For comparison, the 95573 zip code has both the highest and lowest median property tax rate of 1.11%. Understanding how these cities compare with Willow Creek 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 Willow Creek Tax Rate
1.11%
Average Humboldt County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Willow Creek, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95573 | 1.07% | 1.08% | 1.11% | 1.12% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Willow Creek, California
In Willow Creek, 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 Willow Creek, 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. For instance, the highest median tax bill in Willow Creek is $2100, while the lowest is also $2100, both in the 95573 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Willow Creek, California
Source: Ownwell
$21,799
$214,815
$407,830
Average Willow Creek Assessed Value
$195,529
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 Willow Creek, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95573 | $59,692 | $110,370 | $195,529 | $300,368 | $406,140 |
Source: Ownwell
Property Tax Bills Across Willow Creek, California
Property tax bills in Willow Creek, Humboldt County, CA are calculated based on the assessed value of the property, which is often a percentage of the property's market value. The local property tax rate is applied to this assessed value to determine the annual tax bill. For homeowners in Willow Creek, the median home price is $195,529, which serves as a significant factor in calculating the tax bill. The tax bill can vary widely; for instance, homeowners at the 25th percentile pay around $1,164, while those at the 75th percentile pay approximately $3,252. At the 90th percentile, the tax bill can reach up to $4,460. These variations are influenced by factors such as property improvements, neighborhood changes, and local government budgets. Compared to the national median property tax rate of 0.99%, Willow Creek's property tax rate reflects the region's specific economic and real estate conditions. This system ensures that property taxes are fairly distributed, impacting homeowners by funding essential public services like schools, infrastructure, and emergency services.
Average Willow Creek Tax Bill
$2,100
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Willow Creek, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95573 | $638 | $1,164 | $2,100 | $3,252 | $4,460 |
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 |