Castella, California Property Taxes
The median property tax rate in Castella, CA is 1.09%, 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 $106,507 in Castella, the typical annual property tax bill amounts to $1,148, which is below the national median of $2,690. Property taxes in Castella 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 Castella'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 Castella 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
Castella, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$1,161
$1,096
Ownwell’s Castella Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Castella with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Castella 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 Castella, California
Property taxes in Castella, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Castella is 1.09%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Castella set these rates annually, and they can vary significantly across different neighborhoods. Each year, Castella 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 Castella's effective property tax rate to other counties in California and the national median. For comparison, the 96017 zip code has the highest median property tax rate of 1.09%, while the 96017 zip code also has the lowest median tax rate of 1.09%. Understanding how these cities compare with Castella provides valuable insights into the varying tax landscape across Shasta County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Castella Tax Rate
1.09%
Average Shasta County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Castella, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96017 | 0.99% | 1.02% | 1.09% | 1.21% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Castella, California
In Castella, 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 Shasta 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 Castella, 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. The median home price in Castella is $106,507, with tax bills ranging from $774 at the 25th percentile to $3,225 at the 90th percentile. The zip code 96017 has both the highest and lowest median tax bill, set at $1,148. 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 Castella helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Castella, California
Source: Ownwell
$52,608
$2,032,295
$4,011,982
Average Castella Assessed Value
$106,507
Average Shasta County Assessed Value
$225,497
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Castella, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96017 | $41,866 | $62,464 | $106,507 | $204,525 | $312,632 |
Source: Ownwell
Property Tax Bills Across Castella, California
In Castella, located in Shasta County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the Shasta County Assessor's Office and typically reflects the market value of the property at the time of purchase, with potential annual adjustments for inflation. The property tax rate in this region is applied to the assessed value to calculate the annual tax bill. Homeowners in Castella can expect a range of property tax bills. For example, the 25th percentile tax bill is around $774, while the 75th percentile tax bill reaches approximately $2204. The 90th percentile tax bill can be as high as $3225. These variations depend on factors such as property size, location, and market conditions. Compared to the national median property tax rate of 0.99%, Castella's property tax bills might seem relatively moderate, providing a balanced approach to funding essential public services without overly burdening homeowners.
Average Castella Tax Bill
$1,148
Average Shasta County Tax Bill
$2,421
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Castella, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96017 | $518 | $774 | $1,148 | $2,204 | $3,225 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
---|
Links | |
---|---|
Shasta Tax Assessor | |
Website | common2.mptsweb.com |