North San Juan, California Property Taxes
The median property tax rate in North San Juan, CA is 1.12%, 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 $212,312 in North San Juan, the typical annual property tax bill amounts to $2,399, slightly below the national median of $2,690. Property taxes in North San Juan are calculated based on the assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding North San Juan'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 North San Juan 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
North San Juan, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$2,378
$2,246
Ownwell’s North San Juan Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in North San Juan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North San Juan 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 North San Juan, California
Property taxes in North San Juan, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in North San Juan is 1.12%, which is higher than the U.S. national median of 0.99%. Local government entities within North San Juan set these rates annually, and they can vary significantly across different neighborhoods. Each year, North San Juan 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 North San Juan's effective property tax rate to other regions and the national median. For comparison, the 95960 zip code has the highest median property tax rate of 1.12%, while the same zip code also has the lowest median tax rate of 1.12%. Understanding how these areas compare with North San Juan provides valuable insights into the varying tax landscape across Nevada County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average North San Juan Tax Rate
1.12%
Average Nevada County Tax Rate
1.16%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across North San Juan, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95960 | 1.07% | 1.08% | 1.12% | 1.24% | 1.92% |
Source: Ownwell
Property Tax Assessment Values Across North San Juan, California
In North San Juan, 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 Nevada 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. In North San Juan, 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 North San Juan helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill in the area is 95960, with a median tax bill of $2,399.
Property Tax Assessment Values Across North San Juan, California
Source: Ownwell
$181,896
$588,325
$994,754
Average North San Juan Assessed Value
$212,312
Average Nevada County Assessed Value
$380,629
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across North San Juan, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95960 | $55,494 | $100,236 | $212,312 | $339,568 | $481,178 |
Source: Ownwell
Property Tax Bills Across North San Juan, California
In North San Juan, California, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the market value, and in California, Proposition 13 limits annual increases in assessed value to 2% unless the property is sold or undergoes new construction. The property tax rate in North San Juan is influenced by various local levies, including those for schools, infrastructure, and public services. For homeowners, this means that their property tax bill can vary significantly. For instance, the 25th percentile tax bill in North San Juan is $1,385, while the 75th percentile reaches $3,850, and the 90th percentile can be as high as $5,372. These variations reflect differences in property values and the specific tax rates applied. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding how North San Juan's property taxes stack up. Homeowners must budget for these taxes as they form a significant part of homeownership costs.
Average North San Juan Tax Bill
$2,399
Average Nevada County Tax Bill
$4,722
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across North San Juan, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95960 | $703 | $1,385 | $2,399 | $3,850 | $5,372 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Nevada Tax Assessor | |
| Website | common2.mptsweb.com |