Woodland, California Property Taxes
The median property tax rate in Woodland, CA is 1.03%, 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 $334,180 in Woodland, the typical annual property tax bill amounts to $3,667, surpassing the national median of $2,690. Property taxes in Woodland are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Woodland's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you're in the heart of Woodland or another part of Yolo County, gaining insight into the local property tax system will be beneficial.
Last Updated June 14, 2024
Woodland, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$3,442
$3,251
Ownwell’s Woodland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Woodland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Woodland 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 Woodland, California
Property taxes in Woodland, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Woodland is 1.03%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Woodland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Woodland 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 Woodland's effective property tax rate to other areas in California and the national median. For comparison, the 95616 zip code has the highest median property tax rate of 2.04%, while the 95606 zip code has the lowest median tax rate of 1.02%. Understanding how these areas compare with Woodland 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 Woodland Tax Rate
1.03%
Average Yolo County Tax Rate
1.24%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Woodland, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95606 | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% |
| 95616 | 1.86% | 1.93% | 2.04% | 2.15% | 2.22% |
| 95627 | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% |
| 95695 | 0.96% | 1.00% | 1.03% | 1.03% | 1.05% |
| 95698 | 1.05% | 1.05% | 1.05% | 1.05% | 1.05% |
| 95776 | 1.00% | 1.03% | 1.29% | 1.61% | 1.75% |
| 95937 | 1.08% | 1.09% | 1.12% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Woodland, California
In Woodland, 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 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. Assessment notices in Woodland 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. In Woodland, the highest median tax bill is $5245 in the 95776 zip code, while the lowest median tax bill is $616 in the 95698 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Woodland Assessed Value
$334,180
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 Woodland, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95606 | $139,644 | $156,766 | $185,302 | $213,839 | $230,961 |
| 95616 | $132,530 | $143,564 | $161,954 | $180,343 | $191,377 |
| 95627 | $94,681 | $94,681 | $94,681 | $94,681 | $94,681 |
| 95695 | $97,537 | $171,319 | $281,488 | $423,516 | $562,056 |
| 95698 | $58,753 | $58,753 | $58,753 | $58,753 | $58,753 |
| 95776 | $178,323 | $272,292 | $416,093 | $530,462 | $629,366 |
| 95937 | $222,437 | $266,466 | $352,954 | $448,735 | $509,494 |
Source: Ownwell
Property Tax Bills Across Woodland, California
In Woodland, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the Yolo County Assessor's Office. The assessed value is typically a percentage of the property's market value. Homeowners in Woodland can expect a median property tax rate that aligns closely with the national average of 0.99%, but individual tax bills can vary widely. Factors influencing the tax bill include the property's assessed value, any applicable exemptions, and local tax rates. For instance, homeowners in the 95776 zip code experience the highest median tax bill at $5,245, while those in the 95698 zip code see significantly lower bills, with a median of $616. These variations mean that the financial impact on homeowners can be substantial, with tax bills ranging from $2,104 at the 25th percentile to $8,842 at the 90th percentile. Understanding these factors can help homeowners better anticipate their annual property tax obligations and plan their finances accordingly.
Average Woodland Tax Bill
$3,667
Average Yolo County Tax Bill
$4,610
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Woodland, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95606 | $1,424 | $1,599 | $1,890 | $2,181 | $2,355 |
| 95616 | $2,907 | $3,025 | $3,222 | $3,418 | $3,536 |
| 95627 | $1,058 | $1,058 | $1,058 | $1,058 | $1,058 |
| 95695 | $948 | $1,699 | $2,827 | $4,281 | $6,039 |
| 95698 | $616 | $616 | $616 | $616 | $616 |
| 95776 | $1,943 | $3,387 | $5,245 | $8,071 | $9,708 |
| 95937 | $2,468 | $3,048 | $4,055 | $5,055 | $5,623 |
Source: Ownwell