El Dorado Hills, California Property Taxes
The median property tax rate in El Dorado Hills, CA is 0.60%, considerably lower than both the national median of 0.99% and the California state median of 1.21%. With the median home value in El Dorado Hills at $1,009,800, the typical annual property tax bill reaches $6,094, exceeding the national median of $2,690. Property taxes in El Dorado Hills 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 El Dorado Hills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of El Dorado Hills 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
El Dorado Hills, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$6,059
$5,723
$1,148
Average El Dorado Hills, California Tax Savings
Ownwell’s El Dorado Hills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in El Dorado Hills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in El Dorado Hills to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in El Dorado Hills. 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 El Dorado Hills, California
Property taxes in El Dorado Hills, California, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in El Dorado Hills is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within El Dorado Hills set these rates annually, and they can vary significantly across different neighborhoods. Each year, El Dorado Hills 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 El Dorado Hills' effective property tax rate to other areas in California and the national median. For comparison, the 95762 zip code has both the highest and the lowest median property tax rate of 0.60%. Understanding how these areas compare with El Dorado Hills provides valuable insights into the varying tax landscape across Sacramento County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average El Dorado Hills Tax Rate
0.60%
Average Sacramento County Tax Rate
1.19%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across El Dorado Hills, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95762 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
$1,148
Average El Dorado Hills Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across El Dorado Hills, California
In El Dorado Hills, 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 Sacramento 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 El Dorado Hills, 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. With a median home price of $1,009,800, the median property tax bill in El Dorado Hills stands at $6,094, which is significantly higher than the national median property tax rate of 0.99%. Notably, the zip code 95762 has both the highest and lowest median tax bills at $6,094. 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 the tax burden.
Property Tax Assessment Values Across El Dorado Hills, California
Source: Ownwell
$5,675
$507,738
$1,009,800
Average El Dorado Hills Assessed Value
$1,009,800
Average Sacramento County Assessed Value
$315,351
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across El Dorado Hills, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95762 | $1,009,800 | $1,009,800 | $1,009,800 | $1,009,800 | $1,009,800 |
Source: Ownwell
$1,148
Average El Dorado Hills Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across El Dorado Hills, California
In El Dorado Hills, Sacramento County, CA, property tax bills are determined based on the assessed value of a home, which is typically a percentage of its market value. The median home price in this area is $1,009,800. Property tax rates are applied to this assessed value, leading to the calculation of the tax bill. Factors such as local tax rates, property improvements, and exemptions can influence the final amount. For instance, the median property tax bill in El Dorado Hills is $6,094, which is significantly higher than the national median property tax rate of 0.99%. High property tax bills can be a burden for homeowners, but Ownwell can help. By providing property tax appeal and exemption services, Ownwell ensures your property is fairly assessed, potentially lowering your tax bill. Our experts analyze your property’s value and gather evidence to support appeals, maximizing your chances of savings. With Ownwell, homeowners in El Dorado Hills can achieve substantial reductions in their property tax liabilities.
Average El Dorado Hills Tax Bill
$6,094
Average Sacramento County Tax Bill
$3,715
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across El Dorado Hills, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95762 | $6,094 | $6,094 | $6,094 | $6,094 | $6,094 |
Source: Ownwell
$1,148
Average El Dorado Hills Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | December 2 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Sacramento Tax Assessor | |
| Website | assessorparcelviewer.saccounty.gov |
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