Weimar, California Property Taxes
The median property tax rate in Weimar, CA is 1.19%, slightly higher than the national median of 0.99% but just below the California state median of 1.21%. With a median home value in Weimar of $314,921, the typical annual property tax bill reaches $3,537, surpassing the national median of $2,690. Property taxes in Weimar are calculated based on the assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Weimar'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 Weimar or another part of Placer County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Weimar, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$3,748
$3,539
Ownwell’s Weimar Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Weimar with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Weimar 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 Weimar, California
Property taxes in Weimar, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Weimar is 1.19%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Weimar set these rates annually, and they can vary significantly across different neighborhoods. Each year, Weimar 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 Weimar's effective property tax rate to other counties in California and the national median. For comparison, the 95736 zip code has the highest median property tax rate of 1.19%, while the lowest median tax rate is also 1.19% in the same zip code. Understanding how these cities compare with Weimar 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 Weimar Tax Rate
1.19%
Average Placer County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Weimar, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95736 | 1.07% | 1.09% | 1.19% | 1.36% | 2.08% |
Source: Ownwell
Property Tax Assessment Values Across Weimar, California
In Weimar, 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 Placer County 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 Weimar, 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 Weimar helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Weimar is $314,921. Homeowners in the 95736 zip code area experience the highest median tax bill at $3,537, which is also the lowest median tax bill in the region. By staying informed, property owners can make strategic decisions to potentially lower their tax obligations.
Average Weimar Assessed Value
$314,921
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 Weimar, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95736 | $25,474 | $140,618 | $314,921 | $635,019 | $850,991 |
Source: Ownwell
Property Tax Bills Across Weimar, California
In Weimar, located in Placer County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is typically determined by the market value at the time of purchase and can be adjusted annually for inflation, not exceeding 2% per year. This value is then multiplied by the local tax rate to determine the tax bill. For homeowners in Weimar, the median home price is $314,921. Property tax bills can vary significantly, with the 25th percentile tax bill at $1,809 and the 75th percentile reaching $6,811. The highest median tax bill in the area is $3,537, observed in the 95736 zip code. These property taxes play a crucial role in funding local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Comparatively, the national median property tax rate is 0.99%, highlighting how Weimar's property tax landscape aligns with broader national trends, ensuring that homeowners contribute fairly to their community's development and upkeep.
Average Weimar Tax Bill
$3,537
Average Placer County Tax Bill
$5,446
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Weimar, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95736 | $528 | $1,809 | $3,537 | $6,811 | $9,018 |
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 |