Concow, California Property Taxes
The median property tax rate in Concow, CA is 1.11%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Concow at $48,972, the typical annual property tax bill is approximately $507, which is significantly below the national median of $2,690. Property taxes in Concow are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Concow'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 Concow or another part of Butte County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Concow, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$544
$504
Ownwell’s Concow Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Concow with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Concow 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 Concow, California
Property taxes in Concow, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Concow is 1.11%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Concow set these rates annually, and they can vary significantly across different neighborhoods. Each year, Concow 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 Concow's effective property tax rate to other counties in California and the national median. Understanding how these cities compare with Concow provides valuable insights into the varying tax landscape across Butte County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Concow Tax Rate
1.11%
Average Butte County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Concow, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Concow, California
In Concow, 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 Butte 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 Concow, 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 Concow helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest tax bill is 95965 at $1,173, while the lowest is 95966 at $270.
Average Concow Assessed Value
$48,972
Average Butte County Assessed Value
$214,438
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Concow, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Concow, California
In Concow, located in Butte County, CA, property tax bills are determined based on the assessed value of the home. This assessed value is influenced by the market value of the property, which can fluctuate due to various factors such as changes in the real estate market and property improvements. The median home price in Concow is $48,972, and the property tax rate is applied to this assessed value to calculate the tax bill. Homeowners in Concow can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $270, while the 75th percentile tax bill reaches $1,024. For those in the 90th percentile, the tax bill can be as high as $1,173. These variations highlight how different property values and specific circumstances, like exemptions or improvements, can impact the final tax amount. Compared to the national median property tax rate of 0.99%, the property tax rates in Concow reflect the unique economic and market conditions of the area, directly affecting the financial obligations of homeowners.
Average Concow Tax Bill
$507
Average Butte County Tax Bill
$2,554
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Concow, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Butte Tax Assessor | |
| Website | assr.parcelquest.com |