Belden, California Property Taxes
The median property tax rate in Belden, CA is 1.11%, 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 Belden at $88,702, the typical annual property tax bill is $1,003, which is below the national median of $2,690. Property taxes in Belden are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as the primary residence exemption. Understanding Belden'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 Belden 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
Belden, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$985
$930
Ownwell’s Belden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Belden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Belden 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 Belden, California
Property taxes in Belden, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Belden is 1.11%, which is higher than the U.S. national median of 0.99%. Local government entities within Belden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Belden 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 Belden's effective property tax rate to other areas in California and the national median. For comparison, the zip code 95915 has the highest median property tax rate of 1.11%, while the same zip code also has the lowest median tax rate of 1.11%. Understanding how these cities compare with Belden provides valuable insights into the varying tax landscape across Plumas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Belden Tax Rate
1.11%
Average Plumas County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belden, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95915 | 1.11% | 1.11% | 1.11% | 1.11% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Belden, California
In Belden, 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 Plumas 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 Belden, 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 Belden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,156 in zip code 95915, while the lowest median tax bill is also $1,156 in the same zip code.
Average Belden Assessed Value
$88,702
Average Plumas County Assessed Value
$216,793
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Belden, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95915 | $32,500 | $74,224 | $103,348 | $129,204 | $165,042 |
Source: Ownwell
Property Tax Bills Across Belden, California
In Belden, located in Plumas County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This assessed value typically reflects the market value at the time of purchase or after significant improvements. The tax rate is applied to this assessed value to determine the annual tax bill. For homeowners in Belden, the median home price stands at $88,702, with property tax bills ranging widely. The 25th percentile tax bill is $477, while the 75th percentile reaches $1,184, and the 90th percentile can be as high as $1,653. These property taxes contribute significantly to local services such as schools, infrastructure, and emergency services. Homeowners in Belden face a property tax rate that can be compared to the national median property tax rate of 0.99%, providing a benchmark for understanding local tax burdens. The highest and lowest median tax bills in Belden are both $1,156, indicating a consistent tax rate across the area.
Average Belden Tax Bill
$1,003
Average Plumas County Tax Bill
$2,335
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Belden, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95915 | $367 | $839 | $1,156 | $1,432 | $1,829 |
Source: Ownwell