Prattville, California Property Taxes
The median property tax rate in Prattville, California is 1.06%, slightly higher than the national median of 0.99% but lower than California's state median of 1.21%. With a median home value of $74,425 in Prattville, the typical annual property tax bill amounts to $792, which is below the national median of $2,690. Property taxes in Prattville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Prattville'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 Prattville 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
Prattville, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Prattville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Prattville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Prattville 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 Prattville, California
Property taxes in Prattville, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Prattville is 1.06%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Prattville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Prattville 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 Prattville's effective property tax rate to other counties in California and the national median. For comparison, the 95923 zip code has the highest median property tax rate of 1.06%, while the same zip code also has the lowest median tax rate of 1.06%. Understanding how these cities compare with Prattville 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 Prattville Tax Rate
1.06%
Average Plumas County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Prattville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95923 | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Prattville, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Prattville, California. 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 Prattville, 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. Notably, the highest and lowest median tax bills in Prattville are both $792, found in the 95923 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Prattville Assessed Value
$74,425
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 Prattville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95923 | $74,425 | $74,425 | $74,425 | $74,425 | $74,425 |
Source: Ownwell
Property Tax Bills Across Prattville, California
In Prattville, property tax bills are calculated based on the assessed value of the home, which is determined by the Plumas County Assessor's Office. For a median home price of $74,425, homeowners can expect their property tax bill to be around $792, which is consistent across the 25th, 75th, and 90th percentiles. This uniformity suggests a stable tax rate within the area. The assessed value is influenced by factors such as the property's market value, location, and any improvements made to the property. Compared to the national median property tax rate of 0.99%, Prattville's tax rate appears to be relatively moderate, making it an attractive option for homeowners. The tax revenue collected is used to fund essential public services such as schools, infrastructure, and emergency services, thereby enhancing the quality of life for residents. Understanding how these taxes are calculated can help homeowners budget more effectively and appreciate the value of the services provided in return.
Average Prattville Tax Bill
$792
Average Plumas County Tax Bill
$2,335
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Prattville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95923 | $792 | $792 | $792 | $792 | $792 |
Source: Ownwell