Alta, California Property Taxes
The median property tax rate in Alta, CA is 1.04%, slightly higher than the national median of 0.99% but lower than California's state median of 1.21%. With a median home value of $275,752 in Alta, the typical annual property tax bill is approximately $2,704, which is just below the national median of $2,690. Property taxes in Alta are calculated based on the assessed value, often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Alta'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 Alta or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Alta, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$2,868
$2,708
Ownwell’s ALTA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ALTA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ALTA 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 Alta, California
Property taxes in Alta, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Alta is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Alta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alta 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 Alta's effective property tax rate to other areas in Placer County and the national median. For comparison, the 95713 zip code has the highest median property tax rate of 1.06%, while the 95701 zip code has the lowest median tax rate of 1.04%. Understanding how these areas compare with Alta provides valuable insights into the varying tax landscape across Placer County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alta Tax Rate
1.04%
Average Placer County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alta, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95701 | 0.99% | 1.02% | 1.04% | 1.06% | 1.10% |
| 95713 | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Alta, California
In ALTA, 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 Placer 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 ALTA, 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 ALTA helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In ALTA, the zip code 95701 has the highest median tax bill at $2,705, while zip code 95713 has the lowest median tax bill at $2,185.
Average Alta Assessed Value
$275,752
Average Placer County Assessed Value
$464,229
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alta, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95701 | $89,268 | $167,084 | $276,000 | $417,299 | $547,851 |
| 95713 | $206,969 | $206,969 | $206,969 | $206,969 | $206,969 |
Source: Ownwell
Property Tax Bills Across Alta, California
In Alta, located in Placer County, CA, property tax bills are calculated based on the assessed value of a home. The assessed value is typically determined by the county assessor and is influenced by factors such as the property's market value, recent sales of similar properties, and any improvements made to the home. Homeowners in Alta can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is around $1,628, while at the 75th percentile, it rises to approximately $4,142. The highest median tax bill in the region is $2,705 in the 95701 zip code, contrasting with the lowest median tax bill of $2,185 in the 95713 zip code. These tax bills can impact homeowners' financial planning, as higher property taxes reduce disposable income. Compared to the national median property tax rate of 0.99%, Alta's property tax rates can be seen as a significant consideration for current and prospective homeowners.
Average Alta Tax Bill
$2,704
Average Placer County Tax Bill
$5,446
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Alta, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95701 | $866 | $1,628 | $2,705 | $4,146 | $5,687 |
| 95713 | $2,185 | $2,185 | $2,185 | $2,185 | $2,185 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Placer Tax Assessor | |
| Website | common1.mptsweb.com |