Brooks, California Property Taxes
The median property tax rate in Brooks, CA is 1.02%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $282,127, the typical annual property tax bill in Brooks reaches $2,804, which is just below the national median of $2,690. Property taxes in Brooks are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Brooks' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Brooks 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
Brooks, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$2,878
$2,718
Ownwell’s BROOKS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BROOKS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BROOKS 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 Brooks, California
Property taxes in Brooks, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brooks is 0.82%, which is lower than both the California state median of 0.74% and the U.S. national median of 0.99%. Local government entities within Brooks set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brooks 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 Brooks's effective property tax rate to other counties in California and the national median. For comparison, the zip code 95606 has the highest median property tax rate of 0.82%, while the same zip code 95606 also has the lowest median tax rate of 0.82%. Understanding how these cities compare with Brooks provides valuable insights into the varying tax landscape across Yolo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brooks Tax Rate
1.02%
Average Yolo County Tax Rate
1.24%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brooks, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95606 | 0.85% | 1.00% | 1.02% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Brooks, California
In Brooks, 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 Yolo 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 Brooks, 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 Brooks helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2804, found in the 95606 zip code.
Average Brooks Assessed Value
$282,127
Average Yolo County Assessed Value
$366,325
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brooks, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95606 | $158,382 | $238,816 | $282,127 | $468,298 | $607,589 |
Source: Ownwell
Property Tax Bills Across Brooks, California
In Brooks, located in Yolo County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value typically reflects the market value of the property, adjusted annually for inflation or changes in the market. Homeowners in Brooks can expect their tax bills to vary significantly, with the 25th percentile tax bill at $2,435 and the 75th percentile tax bill at $4,391. The 90th percentile tax bill can reach up to $5,701. These property tax bills are influenced by several factors, including property size, location, and any improvements made to the property. For homeowners, this means that maintaining or increasing the value of their property could result in higher tax bills. Compared to the national median property tax rate of 0.99%, Brooks homeowners might find their tax obligations relatively higher, reflecting the specific economic and real estate conditions in Yolo County. This system ensures that property taxes are proportionate to the value and condition of each home, impacting the overall cost of homeownership in the area.
Average Brooks Tax Bill
$2,804
Average Yolo County Tax Bill
$4,610
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Brooks, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95606 | $1,557 | $2,435 | $2,804 | $4,391 | $5,701 |
Source: Ownwell