Shasta, California Property Taxes
The median property tax rate in Shasta, CA is 1.04%, 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 Shasta at $184,702, the typical annual property tax bill amounts to $1,846, which is below the national median of $2,690. Property taxes in Shasta are calculated based on the tax assessed value, often lower than the market value due to exemptions such as the primary residence exemption. Understanding Shasta'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 Shasta or another part of the county, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shasta, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$1,921
$1,814
Ownwell’s Shasta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shasta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shasta 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 Shasta, California
Property taxes in Shasta, California, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Shasta is 1.04%, higher than the U.S. national median of 0.99%. Local government entities within Shasta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shasta 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 Shasta's effective property tax rate to other counties in California and the national median. For comparison, the 96087 zip code has the highest median property tax rate of 1.04%, while the same 96087 zip code also has the lowest median tax rate of 1.04%. Understanding how these cities compare with Shasta provides valuable insights into the varying tax landscape across Shasta County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Shasta Tax Rate
1.04%
Average Shasta County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shasta, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96087 | 0.99% | 1.02% | 1.04% | 1.06% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Shasta, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Shasta, 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 Shasta 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 Shasta, 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 Shasta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 96087, with a median tax bill of $1,846.
Average Shasta Assessed Value
$184,702
Average Shasta County Assessed Value
$225,497
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shasta, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96087 | $42,711 | $94,377 | $184,702 | $331,279 | $500,577 |
Source: Ownwell
Property Tax Bills Across Shasta, California
In Shasta, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the Shasta County Assessor's Office. The assessed value typically reflects the market value at the time of purchase, with annual adjustments for inflation. The property tax rate in Shasta is applied to this assessed value to determine the tax bill. For homeowners in Shasta, the median home price is $184,702. Property tax bills vary significantly, with the 25th percentile at $911 and the 75th percentile reaching $3,393. The tax bill can go as high as $5,093 for the 90th percentile of properties. The highest and lowest median tax bills in the county are both $1,846, found in the 96087 zip code. These property taxes fund essential services like schools, public safety, and infrastructure. Homeowners need to consider these costs, as they can significantly impact annual expenses. Compared to the national median property tax rate of 0.99%, Shasta's tax rates can vary but are a crucial factor in homeownership costs.
Average Shasta Tax Bill
$1,846
Average Shasta County Tax Bill
$2,421
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Shasta, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96087 | $435 | $911 | $1,846 | $3,393 | $5,093 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Shasta Tax Assessor | |
| Website | common2.mptsweb.com |