Chester, California Property Taxes
The median property tax rate in Chester, CA is 1.09%, which is slightly above the national median of 0.99% but below the California state median of 1.21%. With a median home value of $219,799 in Chester, the typical annual property tax bill amounts to $2,285, which is lower than the national median of $2,690. Property taxes in Chester are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Chester'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 Chester 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
Chester, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$2,396
$2,263
Ownwell’s Chester Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chester quickly and accurately. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Chester to project your property tax bill. This valuable tool aids in understanding potential tax liabilities, making it easier to plan and budget effectively. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Chester, California
Property taxes in Chester, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Chester is 1.09%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Chester set these rates annually, and they can vary significantly across different neighborhoods. Each year, Chester 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 Chester's effective property tax rate to other counties in California and the national median. For comparison, the 96020 zip code has the highest median property tax rate of 1.09%, while the same zip code also has the lowest median tax rate of 1.09%. Understanding how these cities compare with Chester 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 Chester Tax Rate
1.09%
Average Plumas County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chester, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96020 | 1.07% | 1.08% | 1.09% | 1.12% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Chester, California
In Chester, 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 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 Chester, 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 Chester helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Chester, the highest median tax bill is $2,285 in the 96020 zip code, which is also the lowest median tax bill.
Average Chester Assessed Value
$219,799
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 Chester, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96020 | $57,923 | $114,490 | $219,799 | $404,431 | $676,260 |
Source: Ownwell
Property Tax Bills Across Chester, California
In Chester, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the Plumas County Assessor. The assessed value is typically a percentage of the home's market value. For instance, the median home price in Chester is $219,799. Various factors influence the tax bill, including property size, location, and any applicable exemptions or deductions. Homeowners in Chester can expect property tax bills to vary significantly. The 25th percentile tax bill is approximately $1,251, while the 75th percentile tax bill reaches $4,262. For those at the higher end, the 90th percentile tax bill can be as high as $7,159. Notably, the highest median tax bill in the area is $2,285, found in the 96020 zip code. Compared to the national median property tax rate of 0.99%, Chester's rates reflect local economic conditions and municipal funding needs. These tax bills directly impact homeowners by influencing their overall cost of living and the affordability of maintaining their property.
Average Chester Tax Bill
$2,285
Average Plumas County Tax Bill
$2,335
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Chester, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96020 | $682 | $1,251 | $2,285 | $4,262 | $7,159 |
Source: Ownwell