Orangevale, California Property Taxes
The median property tax rate in Orangevale, CA is 0.87%, which is lower than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Orangevale, the typical annual property tax bill amounts to $343, significantly below the national median of $2,690. Property taxes in Orangevale are determined based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Orangevale'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 Orangevale or another part of the city, being well-informed about the local property tax system will benefit both homeowners and real estate investors alike.
Last Updated June 14, 2024
Orangevale, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$344
$325
Ownwell’s Orangevale Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Orangevale with just two data points. By inputting your property's estimated assessed value, the calculator utilizes the median tax rate in Orangevale to project your property tax bill. This valuable tool aids in comprehending potential tax obligations. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is determined by the county for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Orangevale, California
Property taxes in Orangevale, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orangevale is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Orangevale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orangevale 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 Orangevale's effective property tax rate to other counties in California and the national median. For comparison, the zip code 95662 has both the highest and the lowest median property tax rate of 0.87%, highlighting a consistent tax landscape within Orangevale. Understanding how these values compare with other regions provides valuable insights into the varying tax obligations across Sutter County, helping homeowners gain a clearer picture of their property tax responsibilities relative to neighboring areas.
Average Orangevale Tax Rate
0.87%
Average Sutter County Tax Rate
1.18%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orangevale, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95662 | 0.87% | 0.87% | 0.87% | 0.87% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Orangevale, California
In Orangevale, 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 local 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 Orangevale, 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 Orangevale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 95662 has the highest and lowest median tax bill, both at $343.
Average Orangevale Assessed Value
$39,500
Average Sutter County Assessed Value
$241,361
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Orangevale, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95662 | $39,500 | $39,500 | $39,500 | $39,500 | $39,500 |
Source: Ownwell
Property Tax Bills Across Orangevale, California
In Orangevale, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. For homeowners in Orangevale, the median home price is $39,500. The property tax rate in Orangevale is derived from the county's rate, and in this case, it aligns with Sutter County's median tax bill, which is $343. Factors influencing the tax bill include the property's assessed value, applicable exemptions, and the local tax rate. Homeowners might qualify for exemptions, which can reduce the taxable value of their property. The tax bill directly impacts homeowners by contributing to local services such as schools, infrastructure, and public safety. Compared to the national median property tax rate of 0.99%, Orangevale's property tax rate appears to be relatively low, making it an attractive location for homeowners seeking affordable property taxes.
Average Orangevale Tax Bill
$343
Average Sutter County Tax Bill
$2,986
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Orangevale, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95662 | $343 | $343 | $343 | $343 | $343 |
Source: Ownwell