Weott, California Property Taxes
The median property tax rate in Weott, CA is 1.14%, 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 $197,018 in Weott, the typical annual property tax bill reaches $2,234, which is below the national median of $2,690. Property taxes in Weott are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Navigating Weott'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 Weott or another part of Humboldt County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Weott, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$2,246
$2,121
Ownwell’s Weott Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Weott with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Weott 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 Weott, California
Property taxes in Weott, California, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Weott is 1.14%, significantly higher than the U.S. national median of 0.99%. Local government entities within Weott set these rates annually, and they can vary significantly across different neighborhoods. Each year, Weott 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 Weott's effective property tax rate to other counties in California and the national median. For comparison, the 95571 zip code has the highest median property tax rate of 1.14%, while the same zip code also has the lowest median tax rate of 1.14%. Understanding how these cities compare with Weott 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 Weott Tax Rate
1.14%
Average Humboldt County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Weott, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95571 | 1.11% | 1.12% | 1.14% | 1.17% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Weott, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Weott, California. 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's Office 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 Weott, 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. The median home price in Weott is $197,018, with tax bills ranging from $1,148 at the 25th percentile to $3,767 at the 90th percentile. The highest and lowest median tax bills are both $2,234, found in the 95571 zip code. By understanding 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Weott Assessed Value
$197,018
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 Weott, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95571 | $44,505 | $98,703 | $197,018 | $289,732 | $337,549 |
Source: Ownwell
Property Tax Bills Across Weott, California
Property tax bills in Weott, located in Humboldt County, CA, are calculated based on the assessed value of a property. The assessed value is determined by the county assessor and typically reflects the property's market value at the time of purchase, with annual adjustments for inflation not exceeding 2% per year. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. In Weott, homeowners with properties at the 25th percentile can expect to pay around $1,148 annually, while those at the 75th percentile might see bills as high as $3,224. The 90th percentile tax bill can reach up to $3,767. The median home price in Weott is $197,018, and the median tax rate in Humboldt County is relatively close to the national median of 0.99%. These tax bills significantly impact homeowners' budgets, influencing decisions on property investments and long-term financial planning.
Average Weott Tax Bill
$2,234
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Weott, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95571 | $541 | $1,148 | $2,234 | $3,224 | $3,767 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
|---|
Links | |
|---|---|
| Humboldt Tax Assessor | |
| Website | common1.mptsweb.com |