Dunnigan, California Property Taxes
The median property tax rate in Dunnigan, CA is 1.08%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $193,532 in Dunnigan, the typical annual property tax bill amounts to $2,105, falling below the national median of $2,690. Property taxes in Dunnigan are based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Dunnigan's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve notable annual savings. Whether you're residing in the heart of Dunnigan or another part of the city, gaining insight into the local property tax system is beneficial.
Last Updated June 14, 2024
Dunnigan, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,090
$1,974
Ownwell’s Dunnigan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dunnigan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dunnigan 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 Dunnigan, California
Property taxes in Dunnigan, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dunnigan is 1.08%, which is higher than the U.S. national median of 0.99%. Local government entities within Dunnigan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dunnigan 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 Dunnigan's effective property tax rate to other counties in California and the national median. For comparison, the 95937 zip code has the highest median property tax rate of 1.08%, while the same zip code also has the lowest median tax rate of 1.08%. Understanding how these cities compare with Dunnigan provides valuable insights into the varying tax landscape across Yolo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dunnigan Tax Rate
1.08%
Average Yolo County Tax Rate
1.24%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dunnigan, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95937 | 1.02% | 1.05% | 1.08% | 1.10% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Dunnigan, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Dunnigan, 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 Yolo 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 Dunnigan, 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. For example, the median home price in Dunnigan is $193,532, with tax bills ranging from $1,270 at the 25th percentile to $4,943 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 95937, at $2,105. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dunnigan Assessed Value
$193,532
Average Yolo County Assessed Value
$366,325
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dunnigan, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95937 | $63,259 | $113,149 | $193,532 | $321,904 | $448,640 |
Source: Ownwell
Property Tax Bills Across Dunnigan, California
In Dunnigan, CA, property tax bills are calculated based on the assessed value of the property, which is typically a percentage of the market value. The median home price in Dunnigan is $193,532. Property taxes in Dunnigan are influenced by various factors, including the property's location, improvements, and any applicable exemptions. For homeowners, this means that even small changes in property value or tax rates can significantly impact their annual tax bill. In Dunnigan, the 25th percentile tax bill is approximately $1,270, while the 75th percentile reaches around $3,457. At the higher end, the 90th percentile tax bill can be as much as $4,943. Compared to the national median property tax rate of 0.99%, Dunnigan's property taxes can be relatively high, reflecting the local market conditions and county assessments. Homeowners in Dunnigan should be aware of these factors to better understand their tax obligations and potential savings opportunities.
Average Dunnigan Tax Bill
$2,105
Average Yolo County Tax Bill
$4,610
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Dunnigan, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95937 | $734 | $1,270 | $2,105 | $3,457 | $4,943 |
Source: Ownwell