Burnt Ranch, California Property Taxes
The median property tax rate in Burnt Ranch, CA is 0.99%, aligning with the national median of 0.99% but still lower than the California state median of 1.21%. With the median home value in Burnt Ranch at $203,922, the typical annual property tax bill amounts to $1,993, which is below the national median of $2,690. Property taxes in Burnt Ranch are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Burnt Ranch's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you're in the heart of Burnt Ranch or another part of the county, familiarizing yourself with the local property tax system will yield financial benefits.
Last Updated June 14, 2024
Burnt Ranch, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Burnt Ranch Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Burnt Ranch with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Burnt Ranch 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 Burnt Ranch, California
Property taxes in Burnt Ranch, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burnt Ranch is 0.99%, aligning with the U.S. national median of 0.99%. Local government entities within Burnt Ranch set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burnt Ranch 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 Burnt Ranch's effective property tax rate to other areas in California and the national median. For comparison, the 95526 zip code has the highest median property tax rate of 1.03%, while the 95527 zip code has the lowest median tax rate of 0.99%. Understanding how these areas compare with Burnt Ranch provides valuable insights into the varying tax landscape across Trinity County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Burnt Ranch Tax Rate
0.99%
Average Trinity County Tax Rate
1.03%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burnt Ranch, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95526 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
| 95527 | 0.93% | 0.99% | 0.99% | 0.99% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Burnt Ranch, California
In Burnt Ranch, 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 Trinity 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 Burnt Ranch, 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 median home price in Burnt Ranch is $203,922, with tax bills ranging from $1,054 at the 25th percentile to $4,106 at the 90th percentile. The highest median tax bill is $4,290 in zip code 95526, while the lowest is $1,989 in zip code 95527. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Burnt Ranch Assessed Value
$203,922
Average Trinity County Assessed Value
$172,640
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burnt Ranch, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95526 | $415,000 | $415,000 | $415,000 | $415,000 | $415,000 |
| 95527 | $65,722 | $108,025 | $203,918 | $302,308 | $419,498 |
Source: Ownwell
Property Tax Bills Across Burnt Ranch, California
In Burnt Ranch, CA, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. The median home price in Burnt Ranch is $203,922. Property taxes are influenced by multiple factors, including the home's assessed value, the local tax rate, and any applicable exemptions or deductions. The tax rate in Burnt Ranch is reflective of the broader Trinity County. Homeowners in Burnt Ranch typically see a range of property tax bills. For instance, the 25th percentile tax bill is around $1,054, while the 75th percentile tax bill is approximately $2,999. At the higher end, the 90th percentile tax bill can reach up to $4,106. These figures highlight the variability in tax bills depending on property values and specific local tax rates. Compared to the national median property tax rate of 0.99%, Burnt Ranch's property tax rates can significantly impact homeowners, affecting their annual financial planning and overall cost of homeownership.
Average Burnt Ranch Tax Bill
$1,993
Average Trinity County Tax Bill
$1,719
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Burnt Ranch, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95526 | $4,290 | $4,290 | $4,290 | $4,290 | $4,290 |
| 95527 | $668 | $1,050 | $1,989 | $2,998 | $4,081 |
Source: Ownwell