Tulelake, California Property Taxes
The median property tax rate in Tulelake, CA is 1.04%, 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 $61,202 in Tulelake, the typical annual property tax bill is $642, which is significantly below the national median of $2,690. Property taxes in Tulelake are calculated based on the assessed value, which often falls below market value due to exemptions such as those for primary residences and agricultural properties. Understanding Tulelake's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Tulelake or another part of the city, getting a grasp on the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tulelake, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$637
$601
Ownwell’s Tulelake Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tulelake with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tulelake 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 Tulelake, California
Property taxes in Tulelake, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tulelake is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Tulelake set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tulelake 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 Tulelake's effective property tax rate to other areas in Siskiyou County and the national median. For comparison, the 96134 zip code has both the highest and lowest median property tax rate of 1.04%. Understanding how Tulelake compares with other areas 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 Tulelake Tax Rate
1.04%
Average Siskiyou County Tax Rate
1.04%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tulelake, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96134 | 0.97% | 1.00% | 1.04% | 1.13% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Tulelake, California
In Tulelake, 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 Tulelake, 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 Tulelake helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Tulelake are both $642.00, occurring in the 96134 zip code.
Average Tulelake Assessed Value
$61,202
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 Tulelake, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96134 | $23,882 | $39,653 | $61,202 | $89,059 | $126,906 |
Source: Ownwell
Property Tax Bills Across Tulelake, California
In Tulelake, located in Siskiyou County, CA, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the county assessor and typically reflects the market value of the property at the time of purchase, with annual adjustments for inflation not exceeding 2%. Tulelake's property tax rate is applied to this assessed value to determine the annual tax bill. Homeowners in Tulelake experience a range of tax bills. At the 25th percentile, the tax bill is around $419, while at the 75th percentile, it rises to approximately $896. For those at the 90th percentile, the tax bill can reach up to $1,277. Compared to the national median property tax rate of 0.99%, Tulelake's rates can be considered moderate, providing a relatively predictable expense for homeowners. Understanding these factors helps homeowners budget effectively and anticipate their annual property tax obligations.
Average Tulelake Tax Bill
$642
Average Siskiyou County Tax Bill
$1,470
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Tulelake, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96134 | $282 | $419 | $642 | $896 | $1,277 |
Source: Ownwell