Valley Ford, California Property Taxes
The median property tax rate in Valley Ford, CA is 1.13%, which is considerably higher than the national median of 0.99% but slightly lower than the California state median of 1.21%. With a median home value of $482,269 in Valley Ford, the typical annual property tax bill reaches $5,514, significantly exceeding the national median of $2,690. Property taxes in Valley Ford are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like those for primary residences and agricultural properties. Understanding Valley Ford'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 Valley Ford 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
Valley Ford, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$5,450
$5,147
$1,148
Average Valley Ford, California Tax Savings
Ownwell’s Valley Ford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Valley Ford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Valley Ford 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 Valley Ford. 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 Valley Ford, California
Property taxes in Valley Ford, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Valley Ford is 1.13%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Valley Ford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Valley Ford 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 Valley Ford's effective property tax rate to other areas in California and the national median. For comparison, the 94972 zip code has the highest median property tax rate of 1.13%, while the lowest median tax rate is also 1.13%. Understanding how these cities compare with Valley Ford 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 Valley Ford Tax Rate
1.13%
Average Sonoma County Tax Rate
1.15%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Valley Ford, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94972 | 1.10% | 1.11% | 1.13% | 1.23% | 1.62% |
Source: Ownwell
$1,148
Average Valley Ford Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Valley Ford, California
In Valley Ford, 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 Valley Ford, 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 the area is $482,269, with the 25th percentile tax bill at $2,049 and the 90th percentile tax bill at $11,980. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Valley Ford, California
Source: Ownwell
$24,598
$1,130,232
$2,235,865
Average Valley Ford Assessed Value
$482,269
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 Valley Ford, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94972 | $31,975 | $107,529 | $482,269 | $876,234 | $1,081,417 |
Source: Ownwell
$1,148
Average Valley Ford Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Valley Ford, California
In Valley Ford, Sonoma County, CA, property tax bills are calculated based on the assessed value of the property, which is typically derived from the property's market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Homeowners in Valley Ford pay a median property tax rate of 1.14%, slightly above the national median of 0.99%. The median home price in this area is $482,269, resulting in a range of tax bills: from the 25th percentile at $2,049 to the 90th percentile at $11,980. Several factors influence the property tax bill, including changes in market value, local tax rates, and any applicable exemptions or assessments. High property taxes can significantly impact homeowners' finances, making it crucial to ensure that tax assessments are accurate. Ownwell can help homeowners in Valley Ford save on their property tax bills by providing expert property tax appeal services. By reviewing assessments and identifying discrepancies, Ownwell can potentially lower the assessed value, leading to reduced tax obligations and substantial savings for homeowners.
Average Valley Ford Tax Bill
$5,514
Average Sonoma County Tax Bill
$5,028
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Valley Ford, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94972 | $810 | $2,049 | $5,514 | $9,529 | $11,980 |
Source: Ownwell
$1,148
Average Valley Ford 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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