Fiddletown, California Property Taxes
The median property tax rate in Fiddletown, CA is 0.99%, aligning with the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $285,424 in Fiddletown, the typical annual property tax bill is $2,777, which is slightly below the national median of $2,690. Property taxes in Fiddletown are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Fiddletown'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 Fiddletown 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
Fiddletown, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$2,826
$2,622
Ownwell’s Fiddletown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fiddletown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fiddletown 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 Fiddletown, California
Property taxes in Fiddletown, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fiddletown is 0.99%, which aligns with the U.S. national median of 0.99%. Local government entities within Fiddletown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fiddletown 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 Fiddletown's effective property tax rate to other counties in California and the national median. For comparison, the 95629 zip code has both the highest and lowest median property tax rate of 0.99%. Understanding how these cities compare with Fiddletown provides valuable insights into the varying tax landscape across Amador County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fiddletown Tax Rate
0.99%
Average Amador County Tax Rate
0.99%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fiddletown, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95629 | 0.96% | 0.98% | 0.99% | 1.01% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Fiddletown, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Fiddletown, 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 Amador 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 Fiddletown, 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 Fiddletown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill of $2,777 is found in the 95629 zip code, which also has the lowest median tax bill, making it essential for residents to understand these valuation processes.
Average Fiddletown Assessed Value
$285,424
Average Amador County Assessed Value
$271,936
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fiddletown, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95629 | $90,690 | $160,237 | $285,424 | $440,196 | $632,117 |
Source: Ownwell
Property Tax Bills Across Fiddletown, California
In Fiddletown, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the market value, and it forms the basis for the tax bill. The local tax rate is then applied to this assessed value to calculate the annual property tax owed. Factors such as property improvements, neighborhood changes, and market conditions can influence the assessed value, and consequently, the tax bill. For homeowners in Fiddletown, the median home price is around $285,424. Property tax bills can vary significantly, with the 25th percentile tax bill at $1,478 and the 75th percentile reaching $4,304. The 90th percentile tax bill can go as high as $6,230, illustrating the range of possible tax obligations. Compared to the national median property tax rate of 0.99%, Fiddletown's rates reflect both the local market conditions and the specific valuations determined by the county. This variability in tax bills can significantly impact homeowners, influencing their financial planning and long-term investment decisions.
Average Fiddletown Tax Bill
$2,777
Average Amador County Tax Bill
$2,613
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Fiddletown, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95629 | $834 | $1,478 | $2,777 | $4,304 | $6,230 |
Source: Ownwell