Pine Grove, California Property Taxes
The median property tax rate in Pine Grove, CA is 1.01%, slightly higher than the national median of 0.99% but lower than California's state median of 1.21%. With a median home value of $282,668 in Pine Grove, the typical annual property tax bill is $2,758, which is just below the national median of $2,690. Property taxes in Pine Grove are calculated based on the tax assessed value, which is usually less than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Pine Grove'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 Pine Grove 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
Pine Grove, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$2,855
$2,649
Ownwell’s Pine Grove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pine Grove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pine Grove 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 Pine Grove, California
Property taxes in Pine Grove, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pine Grove is 1.01%, slightly higher than the U.S. national median of 0.99%. Local government entities within Pine Grove set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pine Grove 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 Pine Grove's effective property tax rate to other areas in Amador County and the national median. For comparison, the 95665 zip code has the highest median property tax rate of 1.01%, while the same zip code also has the lowest median tax rate of 1.01%. Understanding how these areas compare with Pine Grove 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 Pine Grove Tax Rate
1.01%
Average Amador County Tax Rate
0.99%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pine Grove, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95665 | 0.96% | 0.98% | 1.01% | 1.03% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Pine Grove, California
In Pine Grove, 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 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 Pine Grove, 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. Notably, Pine Grove's median home price stands at $282,668, with tax bills ranging from $1,747 at the 25th percentile to $5,045 at the 90th percentile. Being aware of these valuation processes in Pine Grove helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pine Grove Assessed Value
$282,668
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 Pine Grove, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95665 | $92,698 | $176,701 | $282,668 | $389,001 | $509,016 |
Source: Ownwell
Property Tax Bills Across Pine Grove, California
In Pine Grove, CA, property tax bills are calculated based on the assessed value of a property, which is determined by the Amador County Assessor's Office. The assessed value is typically a percentage of the property's market value. Homeowners in Pine Grove can expect their property tax rate to be competitive, as the national median property tax rate is 0.99%. Several factors influence the final tax bill, including the property's location, improvements, and any applicable exemptions. For instance, the median home price in Pine Grove is $282,668, which helps in estimating potential tax bills. Homeowners in the 25th percentile pay around $1,747, while those in the 75th percentile face bills of approximately $3,840. The highest tax bills, in the 90th percentile, can reach up to $5,045. These tax bills significantly impact homeowners, affecting their annual budgeting and long-term financial planning. Understanding how these factors interplay can help homeowners better prepare for their property tax obligations.
Average Pine Grove Tax Bill
$2,758
Average Amador County Tax Bill
$2,613
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Pine Grove, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95665 | $942 | $1,747 | $2,758 | $3,840 | $5,045 |
Source: Ownwell