French Gulch, California Property Taxes
The median property tax rate in French Gulch, CA is 1.05%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $82,435, the typical annual property tax bill in French Gulch is $602, significantly below the national median of $2,690. Property taxes in French Gulch are calculated based on the assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural properties. Understanding French Gulch'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 French Gulch or another part of Shasta County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
French Gulch, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$866
$817
Ownwell’s French Gulch Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in French Gulch with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in French Gulch 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 French Gulch, California
Property taxes in French Gulch, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in French Gulch is 1.05%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within French Gulch set these rates annually, and they can vary significantly across different neighborhoods. Each year, French Gulch 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 French Gulch's effective property tax rate to other counties in California and the national median. For comparison, the zip code 96033 has both the highest and lowest median property tax rate of 1.05%. Understanding how these areas compare with French Gulch 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 French Gulch Tax Rate
1.05%
Average Shasta County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across French Gulch, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96033 | 0.81% | 1.01% | 1.05% | 1.07% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across French Gulch, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in French Gulch, 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 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 French Gulch, 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 French Gulch helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in French Gulch is $82,435, with the highest and lowest median tax bills both being $602 in the 96033 zip code.
Property Tax Assessment Values Across French Gulch, California
Source: Ownwell
$52,608
$2,032,295
$4,011,982
Average French Gulch Assessed Value
$82,435
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 French Gulch, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96033 | $14,802 | $30,167 | $82,435 | $155,053 | $253,193 |
Source: Ownwell
Property Tax Bills Across French Gulch, California
In French Gulch, Shasta County, CA, property tax bills are calculated based on the assessed value of a property, which typically aligns with the market value at the time of purchase. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include property size, improvements, and market conditions. For homeowners in French Gulch, the median home price stands at $82,435. Property tax bills can vary significantly, with the 25th percentile at $201 and the 75th percentile reaching $1,515. The 90th percentile tax bill can go up to $2,357. The highest and lowest median tax bills in the area are both $602, indicating a consistent rate across different properties. This variability in tax bills affects homeowners by influencing their annual expenses and overall cost of homeownership. Compared to the national median property tax rate of 0.99%, French Gulch's rates reflect the local economic and real estate conditions, making it crucial for homeowners to understand their specific tax obligations.
Average French Gulch Tax Bill
$602
Average Shasta County Tax Bill
$2,421
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across French Gulch, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96033 | $87 | $201 | $602 | $1,515 | $2,357 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Shasta Tax Assessor | |
Website | common2.mptsweb.com |