Strawberry Valley, California Property Taxes
The median property tax rate in Strawberry Valley, CA is 1.06%, 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 Strawberry Valley at $174,938, the typical annual property tax bill reaches $1,755, which is below the national median of $2,690. Property taxes in Strawberry Valley are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Strawberry Valley'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 Strawberry Valley or another part of Plumas County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Strawberry Valley, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$1,854
$1,751
Ownwell’s Strawberry Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Strawberry Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Strawberry Valley 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 Strawberry Valley, California
Property taxes in Strawberry Valley, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Strawberry Valley is 1.06%, higher than the U.S. national median of 0.99%. Local government entities within Strawberry Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Strawberry Valley 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 Strawberry Valley's effective property tax rate to other counties in California and the national median. For comparison, the 95981 zip code has the highest median property tax rate of 1.06%, while the same zip code also has the lowest median tax rate of 1.06%. Understanding how these cities compare with Strawberry Valley provides valuable insights into the varying tax landscape across Plumas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Strawberry Valley Tax Rate
1.06%
Average Plumas County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Strawberry Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95981 | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Strawberry Valley, California
In Strawberry Valley, 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 Plumas 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 Strawberry Valley, 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 Strawberry Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,755, with the zip code 95981 reflecting these values.
Property Tax Assessment Values Across Strawberry Valley, California
Source: Ownwell
$25,259
$426,209
$827,159
Average Strawberry Valley Assessed Value
$174,938
Average Plumas County Assessed Value
$216,793
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Strawberry Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95981 | $59,543 | $109,924 | $174,938 | $270,925 | $349,348 |
Source: Ownwell
Property Tax Bills Across Strawberry Valley, California
In Strawberry Valley, California, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is typically a percentage of the property's market value. The median home price in Strawberry Valley is $174,938, which serves as a basis for determining the tax bill. The property tax rate in Plumas County, where Strawberry Valley is located, is applied to this assessed value to calculate the annual tax bill. Several factors influence the final tax bill, including local tax rates, property improvements, and any applicable exemptions. For example, the 25th percentile tax bill in Strawberry Valley is $1,085, while the 75th percentile tax bill is $2,788, and the 90th percentile tax bill reaches $3,584. These variations highlight how different factors can impact the overall tax amount. Homeowners in Strawberry Valley can expect their property tax bills to influence their annual budget significantly, with the highest median tax bill in the area being $1,755. This amount is relatively moderate compared to the national median property tax rate of 0.99%.
Average Strawberry Valley Tax Bill
$1,755
Average Plumas County Tax Bill
$2,335
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Strawberry Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95981 | $611 | $1,085 | $1,755 | $2,788 | $3,584 |
Source: Ownwell