Auburn, California Property Taxes
The median property tax rate in Auburn, CA is 1.26%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Auburn at $396,006, the typical annual property tax bill reaches $4,839, exceeding the national median of $2,690. Property taxes in Auburn 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 Auburn'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 Auburn 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
Auburn, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$4,990
$4,712
Ownwell’s Auburn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Auburn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Auburn 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 Auburn, California
Property taxes in Auburn, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Auburn is 1.26%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Auburn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Auburn 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 Auburn's effective property tax rate to other counties in California and the national median. For comparison, the 95603 zip code has the highest median property tax rate of 1.29%, while the 95602 zip code has the lowest median tax rate of 1.07%. Understanding how these areas compare with Auburn 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 Auburn Tax Rate
1.26%
Average Placer County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Auburn, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95602 | 1.01% | 1.03% | 1.07% | 1.38% | 1.87% |
| 95603 | 1.05% | 1.09% | 1.29% | 1.43% | 1.68% |
| 95658 | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Auburn, California
In Auburn, 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 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 Auburn, 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. Auburn homeowners in zip code 95603 face the highest median tax bill at $4,877, while those in zip code 95658 have the lowest at $1,367. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Auburn Assessed Value
$396,006
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 Auburn, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95602 | $97,181 | $209,100 | $416,922 | $623,340 | $855,449 |
| 95603 | $142,141 | $243,586 | $388,506 | $538,987 | $727,000 |
| 95658 | $118,980 | $118,980 | $118,980 | $118,980 | $118,980 |
Source: Ownwell
Property Tax Bills Across Auburn, California
In Auburn, located in Placer County, CA, property tax bills are calculated based on the assessed value of the property. This assessed value is determined by the county assessor and is typically a percentage of the market value. The property tax rate in Auburn is influenced by various factors, including local government budgets and voter-approved measures. Homeowners in Auburn can expect their tax bills to vary significantly. For instance, the median home price is $396,006, with tax bills ranging from the 25th percentile at $3,085 to the 75th percentile at $6,701, and the 90th percentile reaching up to $8,861. The highest median tax bill in the area is $4,877, found in the 95603 zip code, while the lowest median tax bill is $1,367 in the 95658 zip code. These tax bills can have a substantial impact on homeowners, influencing their overall cost of living and financial planning. Understanding these factors is crucial for homeowners to manage their expenses effectively and anticipate any changes in their property tax obligations.
Average Auburn Tax Bill
$4,839
Average Placer County Tax Bill
$5,446
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Auburn, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95602 | $1,680 | $2,563 | $4,684 | $7,037 | $9,628 |
| 95603 | $2,038 | $3,290 | $4,877 | $6,614 | $8,465 |
| 95658 | $1,367 | $1,367 | $1,367 | $1,367 | $1,367 |
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 |