Alleghany, California Property Taxes
The median property tax rate in Alleghany, CA is 1.58%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Alleghany at $58,988, the typical annual property tax bill reaches $945, which is below the national median of $2,690. Property taxes in Alleghany are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Alleghany'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 Alleghany 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
Alleghany, 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 Alleghany Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Alleghany with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alleghany 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 Alleghany, California
Property taxes in Alleghany, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Alleghany is 1.58%, significantly higher than the U.S. national median of 0.99%. Local government entities within Alleghany set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alleghany 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 Alleghany's effective property tax rate to other counties in California and the national median. For comparison, the zip code 95910 has the highest median property tax rate of 1.58%, while the same zip code also has the lowest median tax rate of 1.58%. Understanding how these cities compare with Alleghany provides valuable insights into the varying tax landscape across Sierra County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alleghany Tax Rate
1.58%
Average Sierra County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alleghany, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95910 | 1.29% | 1.39% | 1.58% | 1.85% | 2.47% |
Source: Ownwell
Property Tax Assessment Values Across Alleghany, California
In Alleghany, 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 Sierra 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 Alleghany, 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 Alleghany helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $945 in the 95910 zip code, reflecting the local property tax landscape.
Average Alleghany Assessed Value
$58,988
Average Sierra County Assessed Value
$186,631
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alleghany, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95910 | $18,377 | $38,826 | $58,988 | $73,641 | $102,200 |
Source: Ownwell
Property Tax Bills Across Alleghany, California
In Alleghany, Sierra County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Alleghany is $58,988. Homeowners can expect their property tax bills to vary, with the 25th percentile paying around $726 and the 75th percentile seeing bills around $1,055. The 90th percentile tax bill can go up to $1,367. The highest and lowest median tax bill in the zip code 95910 is $945. Several factors influence the tax bill, including the property's assessed value, any applicable exemptions, and the local tax rate. This rate is applied to the assessed value to determine the annual tax obligation. Property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting homeowners. Compared to the national median property tax rate of 0.99%, Alleghany's property tax rates reflect the local economic conditions and property values, ensuring that community needs are met.
Average Alleghany Tax Bill
$945
Average Sierra County Tax Bill
$2,378
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Alleghany, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95910 | $541 | $726 | $945 | $1,055 | $1,367 |
Source: Ownwell