Applegate, California Property Taxes
The median property tax rate in Applegate, CA is 1.16%, 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 Applegate at $326,334, the typical annual property tax bill reaches $3,681, surpassing the national median of $2,690. Property taxes in Applegate are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Applegate'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 Applegate 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
Applegate, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$3,785
$3,575
Ownwell’s Applegate Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Applegate with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Applegate 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 Applegate, California
Property taxes in Applegate, California, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Applegate is 1.16%, higher than both the California state median of 0.76% and the U.S. national median of 0.99%. Local government entities within Applegate set these rates annually, and they can vary significantly across different neighborhoods. Each year, Applegate 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 Applegate's effective property tax rate to other counties in California and the national median. For comparison, the zip code 95703 has the highest median property tax rate of 1.16%, while the same zip code also has the lowest median tax rate of 1.16%. Understanding how these areas compare with Applegate provides valuable insights into the varying tax landscape across Placer County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Applegate Tax Rate
1.16%
Average Placer County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Applegate, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95703 | 1.07% | 1.11% | 1.16% | 1.23% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Applegate, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Applegate, California. 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 Placer 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 Applegate, 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 Applegate helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Applegate are both $3,681, found in the 95703 zip code.
Average Applegate Assessed Value
$326,334
Average Placer County Assessed Value
$464,229
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Applegate, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95703 | $135,445 | $215,102 | $326,334 | $462,323 | $602,533 |
Source: Ownwell
Property Tax Bills Across Applegate, California
In Applegate, property tax bills are calculated based on the assessed value of a home, which is determined by the Placer County Assessor's Office. The tax rate in this region is applied to the assessed value of the property, not its market value. For instance, the median home price in Applegate is $326,334. Homeowners in this area can expect their property tax bills to vary significantly, with the 25th percentile at $2,485 and the 75th percentile reaching $5,121. At the 90th percentile, tax bills can go as high as $6,518. These tax bills are influenced by various factors, including property improvements, changes in the local tax rate, and any applicable exemptions. The highest median tax bill in the area is $3,681, found in the 95703 zip code. Compared to the national median property tax rate of 0.99%, Applegate's property taxes can be relatively high, impacting homeowners' annual expenses and overall cost of living.
Average Applegate Tax Bill
$3,681
Average Placer County Tax Bill
$5,446
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Applegate, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95703 | $1,627 | $2,485 | $3,681 | $5,121 | $6,518 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Placer Tax Assessor | |
| Website | common1.mptsweb.com |