Tulelake, California Property Taxes
The median property tax rate in Tulelake, 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 Tulelake at $89,178, the typical annual property tax bill is $885, which is below the national median of $2,690. Property taxes in Tulelake are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Tulelake'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 Tulelake 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
Tulelake, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$919
$867
Ownwell’s Tulelake Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tulelake with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tulelake 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 Tulelake, California
Property taxes in Tulelake, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tulelake is 1.03%, higher than the U.S. national median of 0.99%. Local government entities within Tulelake set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tulelake 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 Tulelake's effective property tax rate to other counties in California and the national median. For comparison, the 96134 zip code has the highest median property tax rate of 1.03%, while the 96134 zip code also has the lowest median tax rate of 1.03%. Understanding how these cities compare with Tulelake 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 Tulelake Tax Rate
1.03%
Average Modoc County Tax Rate
1.11%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tulelake, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96134 | 0.94% | 0.99% | 1.03% | 1.11% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Tulelake, California
In Tulelake, 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 Appraisal District 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. Assessment notices in Tulelake 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. Tulelake's median home price is $89,178, with property tax bills ranging from $384 at the 25th percentile to $3,143 at the 90th percentile. The highest and lowest median tax bills are both $885, found in zip code 96134. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Tulelake Assessed Value
$89,178
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 Tulelake, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96134 | $13,604 | $35,265 | $89,178 | $200,163 | $321,787 |
Source: Ownwell
Property Tax Bills Across Tulelake, California
In Tulelake, located in Modoc County, CA, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor's office. This assessed value is a percentage of the property's market value. The property tax rate in Tulelake is applied to this assessed value to determine the annual tax bill. Factors such as property improvements, market conditions, and local tax rates contribute to the assessed value. Homeowners in Tulelake can expect property tax bills to vary significantly. For instance, the tax bill for the 25th percentile is around $384, while the 75th percentile sees bills as high as $1,985. The 90th percentile tax bill can reach up to $3,143. Compared to the national median property tax rate of 0.99%, these figures provide a clear picture of how property taxes can impact homeowners in the area. Understanding these factors is crucial for homeowners to anticipate their financial obligations and manage their property investments effectively.
Average Tulelake Tax Bill
$885
Average Modoc County Tax Bill
$948
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Tulelake, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96134 | $161 | $384 | $885 | $1,985 | $3,143 |
Source: Ownwell