Smartsville, California Property Taxes
The median property tax rate in Smartsville, CA is 1.08%, 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 $236,168 in Smartsville, the typical annual property tax bill amounts to $2,539, which is below the national median of $2,690. Property taxes in Smartsville are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Smartsville'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 Smartsville or another part of Yuba County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Smartsville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,551
$2,409
Ownwell’s Smartsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Smartsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Smartsville 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 Smartsville, California
Property taxes in Smartsville, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Smartsville is 1.08%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Smartsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Smartsville 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 Smartsville's effective property tax rate to other counties in California and the national median. For comparison, the 95977 zip code has the highest median property tax rate of 1.08%, while the same zip code also has the lowest median tax rate of 1.08%. Understanding how these cities compare with Smartsville provides valuable insights into the varying tax landscape across Yuba County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Smartsville Tax Rate
1.08%
Average Yuba County Tax Rate
1.21%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Smartsville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95977 | 1.05% | 1.06% | 1.08% | 1.12% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Smartsville, California
In Smartsville, 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 Yuba 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 Smartsville, 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 Smartsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Smartsville is $236,168, with median tax bills ranging from $1,550 at the 25th percentile to $6,049 at the 90th percentile. The zip code 95977 has both the highest and lowest median tax bill at $2,539.
Average Smartsville Assessed Value
$236,168
Average Yuba County Assessed Value
$213,532
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Smartsville, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95977 | $84,000 | $145,633 | $236,168 | $346,007 | $542,332 |
Source: Ownwell
Property Tax Bills Across Smartsville, California
In Smartsville, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the Yuba County Assessor's Office. The assessed value typically reflects the market value of the property at the time of purchase, adjusted annually for inflation and any property improvements. The property tax rate in Smartsville is aligned with the state of California's regulations and is applied to the assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions or deductions. For instance, the median home price in Smartsville is $236,168, resulting in varying tax bills across different percentiles. Homeowners at the 25th percentile pay around $1,550, while those at the 75th percentile pay approximately $3,742. At the 90th percentile, the tax bill can reach up to $6,049. These tax obligations significantly impact homeowners, influencing their financial planning and overall cost of living. Comparing these figures to the national median property tax rate of 0.99% highlights the unique tax landscape in Smartsville.
Average Smartsville Tax Bill
$2,539
Average Yuba County Tax Bill
$2,745
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Smartsville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95977 | $918 | $1,550 | $2,539 | $3,742 | $6,049 |
Source: Ownwell
Don't miss the deadline to appeal!
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Yuba Tax Assessor | |
Website | common1.mptsweb.com |