Camptonville, California Property Taxes
The median property tax rate in Camptonville, CA is 1.10%, slightly above the national median of 0.99% but below the California state median of 1.21%. With a median home value of $308,932 in Camptonville, the typical annual property tax bill amounts to $3,396, surpassing the national median of $2,690. Property taxes in Camptonville are calculated based on the assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Navigating Camptonville's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Camptonville or another part of the city, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Camptonville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$3,398
$3,209
Ownwell’s Camptonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Camptonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Camptonville 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 Camptonville, California
Property taxes in Camptonville, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Camptonville is 1.10%, higher than the U.S. national median of 0.99%. Local government entities within Camptonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Camptonville 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 Camptonville's effective property tax rate to other counties in California and the national median. For comparison, the 95922 zip code has both the highest and lowest median property tax rate of 1.10%. Understanding how these cities compare with Camptonville provides valuable insights into the varying tax landscape across Sierra County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Camptonville Tax Rate
1.10%
Average Sierra County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Camptonville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95922 | 0.64% | 0.81% | 1.10% | 1.11% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Camptonville, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Camptonville, California. 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 Sierra County Appraisal District 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 Camptonville, 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. The median home price in Camptonville is $308,932, with the 25th percentile tax bill at $2,336 and the 75th percentile tax bill at $6,623. The highest and lowest median tax bills are both $3,396 in the zip code 95922. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Camptonville, California
Source: Ownwell
$31,721
$629,076
$1,226,430
Average Camptonville Assessed Value
$308,932
Average Sierra County Assessed Value
$186,631
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Camptonville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95922 | $258,371 | $277,332 | $308,932 | $595,260 | $767,057 |
Source: Ownwell
Property Tax Bills Across Camptonville, California
In Camptonville, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. The median home price in Camptonville is $308,932. Property taxes are calculated by applying the local tax rate to this assessed value. For homeowners in Camptonville, tax bills can vary significantly. The 25th percentile tax bill is around $2,336, while the 75th percentile reaches $6,623, and the 90th percentile can go up to $8,559. These variations depend on factors such as property improvements, neighborhood developments, and changes in market conditions. Compared to the national median property tax rate of 0.99%, the rates in Camptonville reflect the unique economic conditions of the area. High property taxes can impact homeowners by increasing their annual financial obligations, making it essential for property owners to stay informed about their assessed values and any potential exemptions they might qualify for to reduce their tax burden.
Average Camptonville Tax Bill
$3,396
Average Sierra County Tax Bill
$2,378
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Camptonville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95922 | $1,701 | $2,336 | $3,396 | $6,623 | $8,559 |
Source: Ownwell