American Canyon, California Property Taxes
The median property tax rate in American Canyon, CA is 1.11%, which is considerably higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $471,176 in American Canyon, the typical annual property tax bill reaches $5,286, far exceeding the national median of $2,690. Property taxes in this area are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding American Canyon'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 American Canyon 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
American Canyon, 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 American Canyon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in American Canyon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in American Canyon 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 American Canyon, California
Property taxes in American Canyon, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in American Canyon is 1.11%, which is higher than the U.S. national median of 0.99%. Local government entities within American Canyon set these rates annually, and they can vary significantly across different neighborhoods. Each year, American Canyon 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 American Canyon's effective property tax rate to other areas and the national median. For comparison, the zip code 94503 has the highest median property tax rate of 1.11%, while the same zip code also has the lowest median tax rate of 1.11%. Understanding how these figures compare with American Canyon provides valuable insights into the varying tax landscape across Napa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average American Canyon Tax Rate
1.11%
Average Napa County Tax Rate
1.20%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across American Canyon, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94503 | 1.09% | 1.09% | 1.11% | 1.25% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across American Canyon, California
In American Canyon, 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 Napa 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 American Canyon, 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 median home price in American Canyon is $471,176, with tax bills ranging from $2,935 at the 25th percentile to $9,216 at the 90th percentile. 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 American Canyon, California
Source: Ownwell
$148,800
$1,176,371
$2,203,942
Average American Canyon Assessed Value
$471,176
Average Napa County Assessed Value
$490,000
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across American Canyon, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94503 | $80,806 | $268,764 | $471,176 | $632,862 | $775,200 |
Source: Ownwell
Property Tax Bills Across American Canyon, California
In American Canyon, located in Napa County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and is typically a percentage of the market value. Homeowners in this area can expect their property tax bills to vary significantly, with the 25th percentile tax bill around $2,935 and the 75th percentile reaching up to $7,558. For those at the higher end, the 90th percentile tax bill can be as high as $9,216. The median home price in American Canyon is $471,176, and the median property tax bill in the 94503 zip code is $5,286. This is notably higher than the national median property tax rate of 0.99%, reflecting the region's higher property values. These taxes fund essential local services such as schools, public safety, and infrastructure, making them a crucial component of community well-being. Homeowners must budget for these taxes, which can significantly impact their overall housing costs.
Average American Canyon Tax Bill
$5,286
Average Napa County Tax Bill
$5,707
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across American Canyon, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94503 | $878 | $2,935 | $5,286 | $7,558 | $9,216 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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Napa Tax Assessor | |
Website | common1.mptsweb.com |