Taylorsville, California Property Taxes
The median property tax rate in Taylorsville, CA is 1.06%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $165,758 in Taylorsville, the typical annual property tax bill amounts to $1,690, which is below the national median of $2,690. Property taxes in Taylorsville are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Taylorsville'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 Taylorsville 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
Taylorsville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$1,757
$1,659
Ownwell’s TAYLORSVILLE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in TAYLORSVILLE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in TAYLORSVILLE 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 Taylorsville, California
Property taxes in Taylorsville, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Taylorsville is 1.06%, higher than the U.S. national median of 0.99%. Local government entities within Taylorsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Taylorsville 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 Taylorsville's effective property tax rate to other areas in California and the national median. For comparison, the 95983 zip code has both the highest and lowest median property tax rate of 1.06%. Understanding how these areas compare with Taylorsville 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 Taylorsville 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 Taylorsville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95983 | 0.95% | 1.02% | 1.06% | 1.06% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Taylorsville, California
In Taylorsville, 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 Taylorsville, 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 Taylorsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Taylorsville is $1,690 in the 95983 zip code, highlighting the importance of understanding these values to manage property taxes effectively.
Property Tax Assessment Values Across Taylorsville, California
Source: Ownwell
$25,259
$426,209
$827,159
Average Taylorsville Assessed Value
$165,758
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 Taylorsville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95983 | $48,738 | $80,245 | $165,758 | $293,846 | $447,684 |
Source: Ownwell
Property Tax Bills Across Taylorsville, California
In Taylorsville, CA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is typically a percentage of the market value. Homeowners in Taylorsville can expect to pay property taxes that fall within a range, with the 25th percentile tax bill at $840 and the 75th percentile reaching up to $3,081. The highest median tax bill in the area is recorded at $1,690. Several factors contribute to the determination of the tax bill, including property size, location, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Taylorsville's tax rates can vary significantly. This variation impacts homeowners differently, depending on the assessed value of their property and the specific tax rate applied. Understanding these factors is crucial for homeowners as property taxes can significantly affect annual expenses. Higher-valued properties will naturally incur higher tax bills, influencing overall housing affordability and financial planning.
Average Taylorsville Tax Bill
$1,690
Average Plumas County Tax Bill
$2,335
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Taylorsville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95983 | $497 | $840 | $1,690 | $3,081 | $4,681 |
Source: Ownwell