Knights Ferry, California Property Taxes
The median property tax rate in Knights Ferry, CA is 1.13%, which is higher than the national median of 0.99% but slightly lower than the California state median of 1.21%. With a median home value of $345,315 in Knights Ferry, the typical annual property tax bill amounts to $3,912, surpassing the national median of $2,690. Property taxes in Knights Ferry are calculated based on the assessed value, which is often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Knights Ferry'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 Knights Ferry 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
Knights Ferry, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$3,902
$3,685
Ownwell’s Knights Ferry Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Knights Ferry with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Knights Ferry 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 Knights Ferry, California
Property taxes in Knights Ferry, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Knights Ferry is 1.13%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Knights Ferry set these rates annually, and they can vary significantly across different neighborhoods. Each year, Knights Ferry 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 Knights Ferry's effective property tax rate to other counties in California and the national median. For comparison, the 95361 zip code has the highest median property tax rate of 1.13%, while the same zip code also has the lowest median tax rate of 1.13%. Understanding how these areas compare with Knights Ferry provides valuable insights into the varying tax landscape across Stanislaus County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Knights Ferry Tax Rate
1.13%
Average Stanislaus County Tax Rate
1.15%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Knights Ferry, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95361 | 1.13% | 1.13% | 1.13% | 1.13% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Knights Ferry, California
In Knights Ferry, 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 Stanislaus 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 Knights Ferry, 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 Knights Ferry helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Knights Ferry are both $3912, with the zip code 95361 reflecting this value.
Property Tax Assessment Values Across Knights Ferry, California
Source: Ownwell
$112,275
$616,449
$1,120,622
Average Knights Ferry Assessed Value
$345,315
Average Stanislaus County Assessed Value
$255,442
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Knights Ferry, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95361 | $345,315 | $345,315 | $345,315 | $345,315 | $345,315 |
Source: Ownwell
Property Tax Bills Across Knights Ferry, California
In Knights Ferry, located in Stanislaus County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Knights Ferry is $345,315. Property taxes in this region are relatively straightforward compared to other areas, with a consistent tax bill of $3,912 across various percentiles. This uniformity simplifies the calculation for homeowners, who can expect a stable tax bill regardless of minor fluctuations in their property's assessed value. The property tax rate in Knights Ferry is higher than the national median property tax rate of 0.99%, reflecting the region's specific economic and governmental funding needs. For homeowners, this means that owning property in Knights Ferry may come with a higher annual tax bill compared to the national average. However, the predictability of the tax bill offers a certain level of financial stability, allowing homeowners to budget more effectively for their annual expenses.
Average Knights Ferry Tax Bill
$3,912
Average Stanislaus County Tax Bill
$3,056
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Knights Ferry, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95361 | $3,912 | $3,912 | $3,912 | $3,912 | $3,912 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Stanislaus Tax Assessor | |
| Website | secure.stancounty.com |