Woodville, California Property Taxes
The median property tax rate in Woodville, CA is 1.03%, slightly higher than the national median of 0.99% but lower than California's state median of 1.21%. With the median home value in Woodville, the typical annual property tax bill reaches $442, significantly below the national median of $2,690. Property taxes in Woodville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Woodville'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 Woodville 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
Woodville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$441
$417
Ownwell’s Woodville Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Woodville with ease. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Woodville to provide an accurate estimate of your property tax bill. This powerful tool helps you gain a clear understanding of your potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property's assessed value, determined by the county, forms the basis for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Woodville, California
Property taxes in Woodville, California, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Woodville is 1.03%, which is higher than the U.S. national median of 0.99%. Local government entities within Woodville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Woodville 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 Woodville's effective property tax rate to other counties in California and the national median. For comparison, the 93257 zip code has the highest median property tax rate of 1.03%, while the same zip code also has the lowest median tax rate of 1.03%. Understanding how these cities compare with Woodville provides valuable insights into the varying tax landscape across Tulare County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Woodville Tax Rate
1.03%
Average Tulare County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Woodville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93257 | 0.94% | 1.03% | 1.03% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Woodville, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Woodville, CA. 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 Tulare 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 Woodville, 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. For instance, the highest median tax bill in Woodville is $442 in the 93257 zip code, while the lowest is also $442 in the same zip code. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Woodville Assessed Value
$42,844
Average Tulare County Assessed Value
$173,848
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Woodville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93257 | $18,682 | $27,262 | $42,844 | $80,738 | $94,971 |
Source: Ownwell
Property Tax Bills Across Woodville, California
In Woodville, CA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value typically starts with the market value of the property at the time of purchase and can be adjusted annually based on factors such as inflation and property improvements. The property tax rate in Woodville is applied to this assessed value to determine the annual tax bill. For homeowners in Woodville, the median home price is $42,844. Tax bills can vary significantly, with the 25th percentile tax bill at $281 and the 75th percentile at $795. The 90th percentile tax bill reaches up to $979. These figures indicate a range of property tax burdens depending on individual property values and assessments. Comparatively, the national median property tax rate is 0.99%, making it important for Woodville homeowners to be aware of how their local rates and assessed values impact their annual tax obligations. Understanding these factors can help homeowners in planning and budgeting for their property tax expenses.
Average Woodville Tax Bill
$442
Average Tulare County Tax Bill
$1,854
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Woodville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93257 | $192 | $281 | $442 | $795 | $979 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Tulare Tax Assessor | |
| Website | common1.mptsweb.com |