Elverta, California Property Taxes
The median property tax rate in Elverta, CA is 1.11%, 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 Elverta at $242,270, the typical annual property tax bill reaches $2,725, which is just below the national median of $2,690. Property taxes in Elverta are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Elverta'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 Elverta 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
Elverta, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$2,689
$2,540
$1,148
Average Elverta, California Tax Savings
Ownwell’s Elverta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Elverta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Elverta 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 Elverta. 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 Elverta, California
Property taxes in Elverta, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Elverta is 1.11%, higher than the U.S. national median of 0.99%. Local government entities within Elverta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Elverta 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 Elverta's effective property tax rate to other counties in California and the national median. For comparison, the 95626 zip code has the highest median property tax rate of 1.11%, while the 95626 zip code also has the lowest median tax rate of 1.11%. Understanding how these cities compare with Elverta 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 Elverta Tax Rate
1.11%
Average Sacramento County Tax Rate
1.19%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Elverta, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95626 | 1.02% | 1.07% | 1.11% | 1.15% | 1.17% |
Source: Ownwell
$1,148
Average Elverta Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Elverta, California
In Elverta, 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 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 Elverta, 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 area has a median home price of $242,270, with tax bills ranging from $1,620 at the 25th percentile to $4,203 at the 75th percentile, and up to $5,859 at the 90th percentile. Notably, the zip code 95626 has both the highest and lowest median tax bill of $2,725. 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 Elverta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Elverta Assessed Value
$242,270
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 Elverta, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95626 | $89,592 | $142,694 | $242,270 | $378,602 | $530,401 |
Source: Ownwell
$1,148
Average Elverta Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Elverta, California
In Elverta, located in Sacramento County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. The tax rate, combined with any local levies or special assessments, is then applied to this assessed value. For example, with a median home price of $242,270, homeowners can expect varying tax bills depending on the specific assessments and rates applied. The 25th percentile tax bill stands at $1,620, while the 75th percentile reaches $4,203, and the 90th percentile can go up to $5,859. High property tax bills can significantly impact homeowners, making it crucial to ensure that assessments are accurate. This is where Ownwell steps in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners challenge over-assessments and secure potential savings. Our team reviews your property’s assessed value, identifies discrepancies, and files appeals on your behalf, ensuring you only pay your fair share. This can lead to substantial savings, easing the financial burden on homeowners in Elverta.
Average Elverta Tax Bill
$2,725
Average Sacramento County Tax Bill
$3,715
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Elverta, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95626 | $994 | $1,620 | $2,725 | $4,203 | $5,859 |
Source: Ownwell
$1,148
Average Elverta 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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