Callahan, California Property Taxes
The median property tax rate in Callahan, CA is 1.01%, 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 $113,990 in Callahan, the typical annual property tax bill is $1,097, falling below the national median of $2,690. Property taxes in Callahan are calculated based on the assessed value, which is often less than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Callahan'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 Callahan 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
Callahan, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$1,151
$1,087
Ownwell’s Callahan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Callahan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Callahan 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 Callahan, California
Property taxes in Callahan, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Callahan is 1.01%, slightly higher than the U.S. national median of 0.99%. Local government entities within Callahan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Callahan 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 Callahan's effective property tax rate to other counties in California and the national median. For comparison, the 96014 zip code has both the highest and lowest median property tax rate of 1.01%. Understanding how these areas compare with Callahan provides valuable insights into the varying tax landscape across Siskiyou County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Callahan Tax Rate
1.01%
Average Siskiyou County Tax Rate
1.04%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Callahan, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96014 | 0.97% | 1.00% | 1.01% | 1.06% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Callahan, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Callahan, 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 Siskiyou 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 Callahan, 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. The median home price in Callahan is $113,990, with tax bills ranging from $669 at the 25th percentile to $3,285 at the 90th percentile. The zip code 96014 has the highest and lowest median tax bill at $1,097. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Callahan Assessed Value
$113,990
Average Siskiyou County Assessed Value
$148,062
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Callahan, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96014 | $40,366 | $62,944 | $113,990 | $245,642 | $358,309 |
Source: Ownwell
Property Tax Bills Across Callahan, California
In Callahan, Siskiyou County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. The assessed value is often a percentage of the property's market value. Homeowners in Callahan can expect their tax bills to fall within a wide range, reflecting the diversity in property values. For instance, the 25th percentile tax bill is around $669, while the 75th percentile tax bill is approximately $1998. At the higher end, the 90th percentile tax bill reaches $3285. Factors influencing the tax bill include the property's assessed value, any applicable exemptions, and the local tax rate set by governing authorities. With a median home price of $113,990, homeowners in Callahan face a property tax rate that can significantly impact their annual expenses. Compared to the national median property tax rate of 0.99%, the tax burden in this region can vary, underscoring the importance of understanding local tax assessments and potential exemptions to manage costs effectively.
Average Callahan Tax Bill
$1,097
Average Siskiyou County Tax Bill
$1,470
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Callahan, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96014 | $371 | $669 | $1,097 | $1,998 | $3,285 |
Source: Ownwell