Jackson, California Property Taxes
The median property tax rate in Jackson, CA is 0.99%, aligning with the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Jackson at $282,718, the typical annual property tax bill reaches $2,697, slightly below the national median of $2,690. Property taxes in Jackson are calculated based on the assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Jackson'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 Jackson 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
Jackson, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$2,799
$2,597
Ownwell’s Jackson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jackson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jackson 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 Jackson, California
Property taxes in Jackson, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jackson is 0.99%, aligning with both the California state median and the U.S. national median of 0.99%. Local government entities within Jackson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jackson 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 Jackson's effective property tax rate to other counties in California and the national median. For comparison, the 95642 zip code has both the highest and lowest median property tax rate of 0.99%. Understanding how these cities compare with Jackson 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 Jackson 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 Jackson, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95642 | 0.85% | 0.97% | 0.99% | 1.00% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Jackson, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Jackson, 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 Amador 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 Jackson, 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 instance, the median home price in Jackson is $282,718, with tax bills ranging from $1,489 at the 25th percentile to $5,452 at the 90th percentile. The highest and lowest median tax bills both occur in the 95642 zip code, each at $2,698. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jackson Assessed Value
$282,718
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 Jackson, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95642 | $62,816 | $159,207 | $282,764 | $420,758 | $551,522 |
Source: Ownwell
Property Tax Bills Across Jackson, California
In Jackson, CA, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The assessed value is usually a percentage of the market value of the property. For instance, with a median home price of $282,718, homeowners can expect varying tax bills depending on their property's assessed value and applicable tax rates. Several factors influence the final tax bill, such as property location, local tax rates, and any applicable exemptions or deductions. In Jackson, the tax bill ranges significantly, with the 25th percentile at $1,489 and the 75th percentile at $4,132. The highest median tax bill recorded in the area is $2,698 in the 95642 zip code, which is consistent across the board. These property taxes significantly impact homeowners, as they must budget for these expenses annually. Compared to the national median property tax rate of 0.99%, Jackson's tax rates can be both a financial consideration and a determinant in the overall cost of homeownership in the area.
Average Jackson Tax Bill
$2,697
Average Amador County Tax Bill
$2,613
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Jackson, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95642 | $584 | $1,491 | $2,698 | $4,133 | $5,453 |
Source: Ownwell