Rocklin, California Property Taxes
The median property tax rate in Rocklin, CA is 1.15%, higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Rocklin at $485,119, the typical annual property tax bill reaches $5,860, significantly exceeding the national median of $2,690. Property taxes in Rocklin 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 Rocklin'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 Rocklin 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
Rocklin, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$5,579
$5,269
Ownwell’s Rocklin Property Tax Bill Calculator assists homeowners, real estate investors, and prospective buyers in estimating their annual property taxes in Rocklin using just two pieces of information. By entering your property's estimated assessed value, the calculator uses the median tax rate in Rocklin to provide an estimated property tax bill. This valuable tool helps you understand your potential tax obligations. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is the figure determined by the county for property tax purposes, incorporating any applicable exemptions.
Property Tax Rates Across Rocklin, California
Property taxes in Rocklin, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rocklin is 1.15%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Rocklin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rocklin 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 Rocklin's effective property tax rate to other areas in California and the national median. For comparison, the 95746 zip code has the highest median property tax rate of 1.47%, while the 95677 zip code has the lowest median tax rate of 1.11%. Understanding how these areas compare with Rocklin 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 Rocklin Tax Rate
1.15%
Average Placer County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rocklin, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95677 | 1.08% | 1.08% | 1.11% | 1.20% | 1.37% |
| 95746 | 1.47% | 1.47% | 1.47% | 1.47% | 1.47% |
| 95765 | 1.10% | 1.12% | 1.24% | 1.52% | 1.65% |
Source: Ownwell
Property Tax Assessment Values Across Rocklin, California
In Rocklin, 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 Rocklin, 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. For instance, the median home price in Rocklin stands at $485,119. The median tax bill varies significantly, with the highest median tax bill of $6,543 in zip code 95765 and the lowest median tax bill of $693 in zip code 95746. By understanding 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 Rocklin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rocklin Assessed Value
$485,119
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 Rocklin, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95677 | $187,247 | $283,218 | $430,841 | $587,134 | $748,667 |
| 95746 | $47,009 | $47,009 | $47,009 | $47,009 | $47,009 |
| 95765 | $292,026 | $392,570 | $512,687 | $635,039 | $800,005 |
Source: Ownwell
Property Tax Bills Across Rocklin, California
In Rocklin, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the Placer County Assessor's Office. The assessed value is generally derived from the market value of the property, which in Rocklin has a median home price of $485,119. The property tax rate in Rocklin is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's location, any exemptions the homeowner may qualify for, and additional local levies or bonds. For example, homeowners in the zip code 95765 face the highest median tax bill at $6,543, whereas those in 95746 experience the lowest at $693. The tax bill can vary significantly, with the 25th percentile at $3,967 and the 75th percentile at $8,211, and reaching up to $10,262 at the 90th percentile. These taxes fund essential public services and infrastructure, impacting the overall cost of homeownership in Rocklin.
Average Rocklin Tax Bill
$5,860
Average Placer County Tax Bill
$5,446
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Rocklin, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95677 | $2,063 | $3,101 | $4,714 | $6,955 | $9,178 |
| 95746 | $693 | $693 | $693 | $693 | $693 |
| 95765 | $3,536 | $4,788 | $6,543 | $8,782 | $10,880 |
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 |