Keddie, California Property Taxes
The median property tax rate in Keddie, CA is 1.08%, 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 Keddie, the typical annual property tax bill reaches $2,275, which is below the national median of $2,690. Property taxes in Keddie are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Keddie'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 Keddie or another part of Plumas County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Keddie, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,765
$2,611
Ownwell’s Keddie Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Keddie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Keddie 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 Plumas County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Keddie, California
Property taxes in Keddie, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Keddie is 1.08%, which is higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Keddie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Keddie 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 Keddie's effective property tax rate to other counties in California and the national median. For comparison, the highest median property tax rate in California is found in 06063, with a rate of 1.08%, while the lowest median tax rate in the state is significantly lower. Understanding how these cities compare with Keddie 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 Keddie Tax Rate
1.08%
Average Plumas County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Keddie, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
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Source: Ownwell
Property Tax Assessment Values Across Keddie, California
In Keddie, 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 local assessment authority 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 Keddie, 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. The median home price in Keddie is $256,008, with tax bills ranging from $724 at the 25th percentile to $4,477 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Keddie Assessed Value
$256,008
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 Keddie, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Keddie, California
In Keddie, located in Plumas County, CA, property tax bills are calculated based on the assessed value of the property, which is typically determined by the county assessor. The assessed value is influenced by factors such as the property's market value, any improvements made, and comparable sales in the area. For homeowners in Keddie, the median home price is $256,008. Property tax rates in Plumas County can vary, but they generally align with California's overall property tax structure. Homeowners in Keddie can expect their property tax bills to fall within a range. For example, the 25th percentile tax bill is about $724, while the 75th percentile tax bill reaches approximately $3,087. At the higher end, the 90th percentile tax bill can be as much as $4,477. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life in the community. Compared to the national median property tax rate of 0.99%, Keddie homeowners experience a relatively moderate tax burden, making it a financially manageable location for many.
Average Keddie Tax Bill
$2,275
Average Plumas County Tax Bill
$2,335
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Keddie, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
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Source: Ownwell