Angwin, California Property Taxes
The median property tax rate in Angwin, CA is 1.01%, 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 $534,950 in Angwin, the typical annual property tax bill reaches $5,258, significantly exceeding the national median of $2,690. Property taxes in Angwin are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Angwin'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 Angwin 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
Angwin, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$5,403
$5,103
Ownwell’s Angwin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Angwin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Angwin 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 Angwin, California
Property taxes in Angwin, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Angwin is 1.01%, slightly higher than the U.S. national median of 0.99%. Local government entities within Angwin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Angwin 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 Angwin's effective property tax rate to other areas in Napa County and the national median. For comparison, the zip code 94508 has both the highest and lowest median property tax rate in the region, standing at 1.01%. Understanding how these areas compare with Angwin provides valuable insights into the varying tax landscape across Napa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Angwin Tax Rate
1.01%
Average Napa County Tax Rate
1.20%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Angwin, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94508 | 0.97% | 1.00% | 1.01% | 1.02% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Angwin, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Angwin, 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 Napa 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 Angwin, 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 Angwin is $534,950. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The zip code 94508 has the highest median tax bill at $5,262. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Angwin Assessed Value
$534,950
Average Napa County Assessed Value
$490,000
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Angwin, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94508 | $135,246 | $286,999 | $535,500 | $812,569 | $1,246,327 |
Source: Ownwell
Property Tax Bills Across Angwin, California
In Angwin, located in Napa County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. The assessed value is often a percentage of the market value of the home. For example, with a median home price of $534,950, homeowners in Angwin can expect their property tax bills to vary significantly. The 25th percentile tax bill is approximately $2,787, while the 75th percentile tax bill reaches $7,988, and the 90th percentile tax bill can be as high as $12,448. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. Napa County's property tax rate is influenced by state regulations and local levies, which can affect the overall tax burden on homeowners. Compared to the national median property tax rate of 0.99%, homeowners in Angwin may find their tax bills to be relatively high, impacting their annual financial planning and overall cost of homeownership.
Average Angwin Tax Bill
$5,258
Average Napa County Tax Bill
$5,707
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Angwin, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94508 | $1,275 | $2,784 | $5,262 | $7,993 | $12,454 |
Source: Ownwell
Don't miss the deadline to appeal!
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Napa Tax Assessor | |
Website | common1.mptsweb.com |