Eureka, California Property Taxes
The median property tax rate in Eureka, CA is 1.05%, slightly higher than the national median of 0.99% but lower than California's state median of 1.21%. With the median home value in Eureka at $223,311, the typical annual property tax bill reaches $2,354, which is below the national median of $2,690. Property taxes in Eureka 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 Eureka'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 Eureka 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
Eureka, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Eureka Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eureka with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eureka 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 Eureka, California
Property taxes in Eureka, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eureka is 1.05%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Eureka set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eureka 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 Eureka's effective property tax rate to other counties in California and the national median. For comparison, the 95503 zip code has the highest median property tax rate of 1.05%, while the 95501 zip code has the lowest median tax rate of 1.05%. Understanding how these cities compare with Eureka provides valuable insights into the varying tax landscape across Humboldt County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eureka Tax Rate
1.05%
Average Humboldt County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eureka, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95501 | 1.00% | 1.03% | 1.05% | 1.05% | 1.08% |
| 95503 | 1.02% | 1.04% | 1.05% | 1.08% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Eureka, California
In Eureka, 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 Humboldt 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 Eureka 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. For example, the median home price in Eureka is $223,311, with tax bills ranging from $1,352 at the 25th percentile to $4,542 at the 90th percentile. The highest median tax bill is $2,423 in the 95503 zip code, while the lowest median tax bill is $2,279 in the 95501 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Eureka Assessed Value
$223,311
Average Humboldt County Assessed Value
$227,816
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eureka, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95501 | $72,153 | $128,374 | $218,635 | $305,454 | $386,766 |
| 95503 | $67,350 | $129,108 | $228,021 | $334,930 | $455,262 |
Source: Ownwell
Property Tax Bills Across Eureka, California
Property tax bills in Eureka, located in Humboldt County, CA, are determined by several key factors. The primary factor is the assessed value of the property, which is typically a percentage of the market value. In Eureka, the median home price stands at $223,311. The local tax rate is applied to this assessed value to calculate the annual tax bill. Homeowners in Eureka can expect a range of property tax bills. For example, the 25th percentile tax bill is around $1,352, while the 75th percentile tax bill reaches $3,405. Those in the 90th percentile might see tax bills as high as $4,542. The highest median tax bill in the area is $2,423 in the 95503 zip code, whereas the lowest median tax bill is $2,279 in the 95501 zip code. These property tax bills significantly impact homeowners, influencing monthly budgets and long-term financial planning. Given that the national median property tax rate is 0.99%, Eureka's tax rates are a crucial consideration for current and prospective homeowners.
Average Eureka Tax Bill
$2,354
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Eureka, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95501 | $756 | $1,325 | $2,279 | $3,222 | $4,092 |
| 95503 | $727 | $1,374 | $2,423 | $3,562 | $4,864 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Humboldt Tax Assessor | |
| Website | common1.mptsweb.com |