Fiddletown, California Property Taxes
The median property tax rate in Fiddletown, CA is 1.05%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Fiddletown at $285,789, the typical annual property tax bill reaches $2,730, just under the national median of $2,690. Property taxes in Fiddletown are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Fiddletown'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 Fiddletown 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
Fiddletown, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$3,001
$2,834
Ownwell’s Fiddletown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fiddletown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fiddletown 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 Fiddletown, California
Property taxes in Fiddletown, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fiddletown is 1.05%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Fiddletown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fiddletown 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 Fiddletown's effective property tax rate to other counties in California and the national median. For comparison, the 95629 zip code has the highest median property tax rate of 1.05%, while the 95629 zip code has the lowest median tax rate of 1.05%. Understanding how these cities compare with Fiddletown provides valuable insights into the varying tax landscape across El Dorado County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fiddletown Tax Rate
1.05%
Average El Dorado County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fiddletown, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95629 | 1.03% | 1.04% | 1.05% | 1.07% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Fiddletown, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Fiddletown, 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 El Dorado 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 Fiddletown, 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 Fiddletown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median tax bill in zip code 95629 stands at $2,730, offering a clear picture of the local property tax landscape.
Average Fiddletown Assessed Value
$285,789
Average El Dorado County Assessed Value
$402,842
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fiddletown, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95629 | $105,818 | $159,796 | $285,789 | $444,961 | $608,588 |
Source: Ownwell
Property Tax Bills Across Fiddletown, California
In Fiddletown, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the El Dorado County Assessor's Office. The assessed value is typically a percentage of the property's market value. Homeowners in Fiddletown can expect their property tax bills to vary significantly. For example, the 25th percentile tax bill is around $1,577, while the 75th percentile tax bill can reach up to $4,415. At the higher end, the 90th percentile tax bill is approximately $6,119. Several factors influence these tax bills, including property size, location, and market trends. Fiddletown's median home price is $285,789, and with the national median property tax rate at 0.99%, the local rates reflect regional economic conditions and municipal budget requirements. These property taxes fund essential public services like schools, emergency services, and infrastructure maintenance, directly impacting the quality of life for homeowners. Ensuring accurate assessments and understanding how these taxes are calculated can help homeowners manage their financial planning more effectively.
Average Fiddletown Tax Bill
$2,730
Average El Dorado County Tax Bill
$4,236
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Fiddletown, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95629 | $1,151 | $1,577 | $2,730 | $4,415 | $6,119 |
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 | |
|---|---|
| El Dorado Tax Assessor | |
| Website | parcel.edcgov.us |