Forbestown, Butte County, California Property Taxes
Median Forbestown, CA effective property tax rate: 1.15%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Forbestown, CA home value: $99,225
Median annual Forbestown, CA tax bill: $992, $1,408 lower than the national median property tax bill of $2,400.
How are property taxes in Butte County calculated?
Property taxes in Forbestown, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Forbestown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Forbestown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Forbestown, Butte County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.15%
Estimate Property Tax Bill
$1,141
$1,059
Property Tax Rates Across Forbestown, Butte County, California
Local government entities determine property tax rates, which can vary significantly across California. This is because each county annually calculates its budget needs for public services and divides this by the total value of all taxable property within its borders. This process establishes the property tax rate. While there are votes and legislation involved in setting these rates and budgets, this is essentially how the system operates each year.
Forbestown in Butte County, CA, offers a unique perspective on property tax rates. The effective property tax rate in Forbestown aligns with the highest and lowest rates in the county, demonstrating a uniform tax approach. This is noteworthy when compared to other cities in California, where tax rates can fluctuate. Furthermore, Forbestown's rate is above the national median property tax rate of 1.02%, which might influence property owners' financial planning. Understanding these differences can help property owners anticipate their tax liabilities and explore potential savings through appeals or exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Forbestown Tax Rate
1.15%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Butte County Tax Rate
1.14%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Forbestown, Butte County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95941 | 1.06% | 1.11% | 1.15% | 1.17% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Forbestown, Butte County, California
When examining property taxes in Forbestown, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Butte County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Butte County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Forbestown. For example, the median home price in Forbestown is $99,225, with tax bills ranging significantly across the county. 95941 has the highest median home price at $99,225.
Property Tax Assessment Values Across Forbestown, Butte County, California
Source: Ownwell
$61,706
$193,305
$324,903
Median Forbestown Market Value
$99,225
Median Butte County Market Value
$214,438
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Forbestown, Butte County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95941 | $25,000 | $49,828 | $99,225 | $176,259 | $258,747 |
Source: Ownwell
Property Tax Bills Across Forbestown, Butte County, California
Median Forbestown Tax Bill
$992
Median Butte County Tax Bill
$2,554
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Forbestown, Butte County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95941 | $229 | $467 | $992 | $1,955 | $2,879 |
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 |