Davis Creek, California Property Taxes
The median property tax rate in Davis Creek, CA is 1.02%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $100,242 in Davis Creek, the typical annual property tax bill amounts to $1,001, which is below the national median of $2,690. Property taxes in Davis Creek are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Davis 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 Davis Creek or another part of Modoc County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Davis Creek, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$1,022
$966
Ownwell’s Davis Creek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Davis Creek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Davis 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 Davis Creek, California
Property taxes in Davis Creek, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Davis Creek is 1.02%, slightly higher than the U.S. national median of 0.99%. Local government entities within Davis Creek set these rates annually, and they can vary across different neighborhoods. Each year, Davis 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 Davis Creek's effective property tax rate to other counties in California and the national median. For comparison, the zip code 96108 has the highest median property tax rate of 1.02%, while the same zip code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Davis Creek provides valuable insights into the varying tax landscape across Modoc County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Davis Creek Tax Rate
1.02%
Average Modoc County Tax Rate
1.11%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Davis Creek, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96108 | 0.95% | 0.97% | 1.02% | 1.09% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Davis Creek, California
In Davis 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 Modoc 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 Davis 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. Being aware of these valuation processes in Davis Creek helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 96108 has the highest and lowest median tax bills, both at $1001.
Average Davis Creek Assessed Value
$100,242
Average Modoc County Assessed Value
$83,080
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Davis Creek, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96108 | $26,771 | $61,159 | $98,354 | $200,340 | $348,715 |
Source: Ownwell
Property Tax Bills Across Davis Creek, California
In Davis Creek, Modoc County, CA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is typically a percentage of the property's market value. For homeowners in Davis Creek, the median home price is $100,242. Property tax rates in this area are influenced by various factors, including local government budgets and voter-approved measures. The property tax bill can vary significantly among homeowners. For instance, the tax bill at the 25th percentile is $553, while at the 75th percentile, it is $1,990. At the 90th percentile, homeowners might see a tax bill as high as $3,348. These figures highlight the range of property tax obligations within the community. Compared to the national median property tax rate of 0.99%, Davis Creek's property tax rates can be quite variable. This variability affects homeowners differently, impacting their annual financial planning and overall cost of homeownership. Understanding these factors is crucial for homeowners when budgeting for property taxes.
Average Davis Creek Tax Bill
$1,001
Average Modoc County Tax Bill
$948
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Davis Creek, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96108 | $306 | $561 | $1,001 | $1,990 | $3,241 |
Source: Ownwell