Dunsmuir, California Property Taxes
The median property tax rate in Dunsmuir, CA is 1.05%, which is 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 $139,384 in Dunsmuir, the typical annual property tax bill amounts to $1,391, falling below the national median of $2,690. Property taxes in Dunsmuir are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Dunsmuir'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 Dunsmuir 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
Dunsmuir, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$1,464
$1,382
Ownwell’s Dunsmuir Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dunsmuir with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dunsmuir 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 Dunsmuir, California
Property taxes in Dunsmuir, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dunsmuir is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within Dunsmuir set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dunsmuir 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 Dunsmuir's effective property tax rate to other areas in California and the national median. For comparison, the 96025 zip code has the highest median property tax rate of 1.05%, while the same zip code also has the lowest median tax rate of 1.05%. Understanding how these areas compare with Dunsmuir 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 Dunsmuir Tax Rate
1.05%
Average Siskiyou County Tax Rate
1.04%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dunsmuir, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96025 | 0.95% | 1.02% | 1.05% | 1.09% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Dunsmuir, California
In Dunsmuir, 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 Siskiyou County Appraisal District 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 Dunsmuir, 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 Dunsmuir helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Dunsmuir stands at $139,384, with tax bills ranging from $871 at the 25th percentile to $2,709 at the 90th percentile. The zip code 96025 has both the highest and lowest median tax bill, standing at $1,391.
Average Dunsmuir Assessed Value
$139,384
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 Dunsmuir, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96025 | $51,143 | $90,169 | $139,384 | $205,805 | $281,942 |
Source: Ownwell
Property Tax Bills Across Dunsmuir, California
In Dunsmuir, located in Siskiyou County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Dunsmuir experience a range of property tax bills, with the 25th percentile paying around $871 and the 75th percentile paying up to $2042 annually. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions. For instance, properties in the 90th percentile see tax bills as high as $2709. The median home price in Dunsmuir is $139,384, leading to an average tax bill that is relatively moderate compared to the national median property tax rate of 0.99%. These tax bills impact homeowners by affecting their annual financial planning and potential property value appreciation. Understanding these factors helps homeowners anticipate their tax obligations and manage their budgets effectively.
Average Dunsmuir Tax Bill
$1,391
Average Siskiyou County Tax Bill
$1,470
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Dunsmuir, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96025 | $516 | $871 | $1,391 | $2,042 | $2,709 |
Source: Ownwell