Wilton, California Property Taxes
The median property tax rate in Wilton, CA is 1.04%, which is higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Wilton at $496,972, the typical annual property tax bill reaches $5,120, significantly exceeding the national median of $2,690. Property taxes in Wilton 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 Wilton'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 Wilton or another part of Sacramento County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wilton, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
$1,272
$1,148
Average Wilton, California Tax Savings
Ownwell’s Wilton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wilton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wilton 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 Wilton. 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 Wilton, California
Property taxes in Wilton, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wilton is 1.04%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Wilton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wilton 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 Wilton's effective property tax rate to other counties in California and the national median. For comparison, the 95693 zip code has both the highest and lowest median property tax rate of 1.04%. Understanding how these cities compare with Wilton 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 Wilton Tax Rate
1.04%
Average Sacramento County Tax Rate
1.19%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilton, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95693 | 0.98% | 1.02% | 1.04% | 1.06% | 1.09% |
Source: Ownwell
$1,148
Average Wilton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Wilton, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Wilton, 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 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 Wilton, 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 Wilton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 95693 has both the highest and lowest median tax bills at $5,120.
Average Wilton Assessed Value
$496,972
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 Wilton, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95693 | $118,485 | $284,200 | $496,972 | $711,770 | $927,613 |
Source: Ownwell
$1,148
Average Wilton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Wilton, California
In Wilton, Sacramento County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $496,972, homeowners in Wilton can expect tax bills to vary significantly. The 25th percentile tax bill is $2,957, while the 75th percentile reaches $7,235, and the 90th percentile tops out at $9,312. These tax bills can be a substantial burden for homeowners, especially when compared to the national median property tax rate of 0.99%. Ownwell can help homeowners in Wilton save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing the assessed value of your property and identifying discrepancies, Ownwell can assist in lowering your tax liability, ensuring you pay only your fair share.
Average Wilton Tax Bill
$5,120
Average Sacramento County Tax Bill
$3,715
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilton, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95693 | $1,277 | $2,957 | $5,120 | $7,235 | $9,312 |
Source: Ownwell
$1,148
Average Wilton 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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