Anderson, California Property Taxes
The median property tax rate in Anderson, CA is 0.94%, slightly below the national median of 0.99% and significantly lower than the California state median of 1.21%. With the median home value in Anderson at $127,822, the typical annual property tax bill amounts to $1,224, which is considerably less than the national median of $2,690. Property taxes in Anderson are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Anderson'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 Anderson 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
Anderson, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$1,202
$1,135
Ownwell’s Anderson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Anderson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Anderson 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 Anderson, California
Property taxes in Anderson, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Anderson is 0.94%, which is slightly below the U.S. national median of 0.99%. Local government entities within Anderson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Anderson 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 Anderson's effective property tax rate to other counties in California and the national median. For comparison, the zip code 96007 has the highest median property tax rate of 0.94%, while also having the lowest median tax rate of 0.94%. Understanding how these areas compare with Anderson provides valuable insights into the varying tax landscape across Tehama County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anderson Tax Rate
0.94%
Average Tehama County Tax Rate
1.01%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anderson, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96007 | 0.48% | 0.65% | 0.94% | 0.98% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Anderson, California
In Anderson, 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 Tehama 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 Anderson, 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 Anderson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest and lowest median tax bills in Anderson are both $1,224, found in zip code 96007.
Average Anderson Assessed Value
$127,822
Average Tehama County Assessed Value
$177,715
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Anderson, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96007 | $77,912 | $96,628 | $127,822 | $231,191 | $293,212 |
Source: Ownwell
Property Tax Bills Across Anderson, California
In Anderson, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the Tehama County Assessor's Office. This assessed value is then multiplied by the local property tax rate. For Anderson, the property tax rate is 0.99%, aligning with the national median. Several factors influence the assessed value, including the home's market value, any improvements made to the property, and local real estate trends. For example, with a median home price of $127,822, the average property tax bill would be around $1,266 annually. However, this can vary significantly; the 25th percentile tax bill is approximately $919, while the 90th percentile tax bill can reach up to $1,292. These property taxes are crucial for homeowners as they fund essential public services like schools, infrastructure, and emergency services. Accurate assessment and timely payment of property taxes ensure that these services continue to benefit the community, making it a vital aspect of homeownership in Anderson.
Average Anderson Tax Bill
$1,224
Average Tehama County Tax Bill
$1,477
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Anderson, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96007 | $736 | $919 | $1,224 | $1,266 | $1,292 |
Source: Ownwell