Kirkwood, California Property Taxes
The median property tax rate in Kirkwood, CA is 0.99%, aligning with the national median of 0.99% but lower than California's state median of 1.21%. With the median home value in Kirkwood being $400,597, the typical annual property tax bill reaches $3,827, significantly exceeding the national median of $2,690. Property taxes in Kirkwood are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kirkwood'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 Kirkwood 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
Kirkwood, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$3,966
$3,745
Ownwell’s Kirkwood Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kirkwood with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kirkwood 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 Kirkwood, California
Property taxes in Kirkwood, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kirkwood is 0.99%, aligning with both the California state median and the U.S. national median of 0.99%. Local government entities within Kirkwood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kirkwood 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 Kirkwood's effective property tax rate to other areas in Amador County and the national median. For comparison, the 95646 ZIP code has the highest median property tax rate of 0.99%, while the 95666 ZIP code has the lowest median tax rate of 0.99%. Understanding how these areas compare with Kirkwood provides valuable insights into the varying tax landscape across Amador County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kirkwood Tax Rate
0.99%
Average Amador County Tax Rate
0.99%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kirkwood, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95646 | 0.78% | 0.99% | 0.99% | 0.99% | 1.03% |
| 95666 | 0.56% | 0.93% | 0.99% | 0.99% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Kirkwood, California
In Kirkwood, 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 Amador 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. In Kirkwood, 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 Kirkwood helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Kirkwood, the highest median tax bill is $4,066 in the 95666 zip code, while the lowest median tax bill is $2,669 in the 95646 zip code.
Average Kirkwood Assessed Value
$400,597
Average Amador County Assessed Value
$271,936
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kirkwood, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95646 | $148,578 | $244,800 | $317,327 | $643,259 | $866,045 |
| 95666 | $195,330 | $331,779 | $462,160 | $733,148 | $1,313,501 |
Source: Ownwell
Property Tax Bills Across Kirkwood, California
In Kirkwood, property tax bills are calculated based on the assessed value of the property, which generally reflects its market value. The median home price in the area is $400,597. Property taxes are determined by applying the local tax rate to this assessed value. For instance, homeowners in Kirkwood can expect a tax bill ranging from $2,534 at the 25th percentile to $6,331 at the 75th percentile. At the 90th percentile, tax bills can go up to $9,558. These figures show a significant range, indicating that various factors such as property size, location, and improvements can influence the final tax bill. In Amador County, where Kirkwood is located, the highest median tax bill is $4,066 in the 95666 zip code, while the lowest is $2,669 in the 95646 zip code. Compared to the national median property tax rate of 0.99%, Kirkwood's property tax bills reflect the local market dynamics and can significantly impact homeowners' annual expenses. Understanding these factors can help homeowners better anticipate their financial responsibilities.
Average Kirkwood Tax Bill
$3,827
Average Amador County Tax Bill
$2,613
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Kirkwood, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95646 | $1,384 | $2,165 | $2,669 | $5,373 | $8,601 |
| 95666 | $1,126 | $3,039 | $4,066 | $6,340 | $9,907 |
Source: Ownwell