Dayton, California Property Taxes
The median property tax rate in Dayton, CA is 1.04%, which is higher than both the national median of 0.99% and the California state median of 1.21%. With a median home value of $299,108 in Dayton, the typical annual property tax bill reaches $3,016, surpassing the national median of $2,690. Property taxes in Dayton 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 Dayton'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 Dayton 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
Dayton, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$3,111
$2,938
Ownwell’s Dayton Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Dayton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dayton 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 Dayton, California
Property taxes in Dayton, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dayton is 1.04%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Dayton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dayton 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 Dayton's effective property tax rate to other counties in California and the national median. For comparison, the 96056 zip code has the highest median property tax rate of 1.22%, while the 95928 zip code has the lowest median tax rate of 1.02%. Understanding how these cities compare with Dayton 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 Dayton Tax Rate
1.04%
Average Modoc County Tax Rate
1.11%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dayton, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95928 | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% |
| 96056 | 1.09% | 1.14% | 1.22% | 1.30% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Dayton, California
In Dayton, 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 Dayton, 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. The median home price in Dayton is $299,108. Zip code 95928 has the highest median tax bill at $2,875, while zip code 96056 has the lowest at $2,017. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dayton Assessed Value
$299,108
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 Dayton, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95928 | $282,035 | $282,035 | $282,035 | $282,035 | $282,035 |
| 96056 | $48,608 | $100,863 | $187,954 | $275,045 | $327,300 |
Source: Ownwell
Property Tax Bills Across Dayton, California
In Dayton, California, property tax bills are primarily determined based on the assessed value of a property. This assessed value is typically a percentage of the market value, which can fluctuate based on real estate trends and property improvements. The local tax rate is then applied to this assessed value to calculate the annual tax bill. For homeowners in Dayton, the median home price is around $299,108. Property tax bills can vary significantly, with the 25th percentile paying approximately $2,094 annually, while those in the 75th percentile pay around $3,162. At the 90th percentile, the tax bill can reach up to $3,504. These figures highlight the impact of property values and local tax rates on homeowners' financial obligations. Comparatively, the national median property tax rate is 0.99%, making it essential for Dayton homeowners to understand how their local rates and property assessments influence their annual tax bills. This understanding can help homeowners better manage their financial planning and anticipate future tax liabilities.
Average Dayton Tax Bill
$3,016
Average Modoc County Tax Bill
$948
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Dayton, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95928 | $2,875 | $2,875 | $2,875 | $2,875 | $2,875 |
| 96056 | $556 | $1,104 | $2,017 | $2,931 | $3,479 |
Source: Ownwell