Graton, California Property Taxes
The median property tax rate in Graton, CA is 1.62%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Graton, the typical annual property tax bill reaches $6,412, exceeding the national median of $2,690. Property taxes in Graton are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Graton'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 Graton 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
Graton, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.62%
Estimate Property Tax Bill
$6,417
$6,061
$1,148
Average Graton, California Tax Savings
Ownwell’s Graton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Graton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Graton to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Graton. 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 Graton, California
Property taxes in Graton, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Graton is 1.62%, significantly higher than the U.S. national median of 0.99%. Local government entities within Graton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Graton 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 Graton's effective property tax rate to other areas in Sonoma County and the national median. For comparison, the 95444 zip code has the highest median property tax rate of 1.62%, while the same zip code also has the lowest median tax rate of 1.62%. Understanding how these areas compare with Graton provides valuable insights into the varying tax landscape across Sonoma County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Graton Tax Rate
1.62%
Average Sonoma County Tax Rate
1.15%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Graton, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95444 | 1.26% | 1.41% | 1.62% | 2.05% | 2.68% |
Source: Ownwell
$1,148
Average Graton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Graton, California
In Graton, 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 Sonoma County Assessor's Office 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 Graton, 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 Graton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Graton is $6,412 in the zip code 95444, while the lowest is also $6,412 in the same zip code.
Average Graton Assessed Value
$396,093
Average Sonoma County Assessed Value
$444,836
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Graton, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95444 | $96,400 | $206,891 | $396,093 | $637,041 | $820,924 |
Source: Ownwell
$1,148
Average Graton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Graton, California
In Graton, Sonoma County, CA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. With a median home price of $396,093, homeowners in Graton can expect property tax bills that vary widely. For instance, the 25th percentile tax bill is $4,023, while the 75th percentile reaches $9,158, and the 90th percentile can be as high as $11,205. This variation highlights the significant impact of property taxes on homeowners' finances. Factors influencing the tax bill include the home's assessed value, local tax rates, and any applicable exemptions. Given that the national median property tax rate is 0.99%, Graton's property taxes can be considerably higher, placing a financial burden on its residents. Ownwell helps homeowners in Graton by providing expert property tax appeal and exemption services. By challenging inaccurate assessments and identifying applicable exemptions, Ownwell can significantly reduce property tax bills, ensuring homeowners pay only their fair share.
Average Graton Tax Bill
$6,412
Average Sonoma County Tax Bill
$5,028
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Graton, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95444 | $2,676 | $4,023 | $6,412 | $9,158 | $11,205 |
Source: Ownwell
$1,148
Average Graton Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Property Valuation Date | January 1 |
Appeal Deadline | December 2 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | December 10 |
Due Date #2 | April 10 |
Links | |
---|---|
Sonoma Tax Assessor | |
Website | assr.parcelquest.com |
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