Marysville, California Property Taxes
The median property tax rate in Marysville, CA is 1.09%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $247,254 in Marysville, the typical annual property tax bill amounts to $2,752, surpassing the national median of $2,690. Property taxes in Marysville are calculated based on the tax assessed value, which is often below market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Marysville'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 Marysville 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
Marysville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$2,695
$2,545
Ownwell’s Marysville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marysville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marysville 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 Marysville, California
Property taxes in Marysville, California, are essential for funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Marysville is 1.09%, higher than the U.S. national median of 0.99%. Local government entities within Marysville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marysville 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 Marysville's effective property tax rate to other counties in California and the national median. For comparison, the 95901 zip code has the highest median property tax rate of 1.09%, while the 95901 zip code also has the lowest median tax rate of 1.09%. Understanding how these cities compare with Marysville 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 Marysville Tax Rate
1.09%
Average Butte County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marysville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95901 | 1.04% | 1.08% | 1.09% | 1.11% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Marysville, California
In Marysville, 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's Office 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 Marysville, 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 Marysville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Marysville is $2,752 in the 95901 zip code, which is also the lowest median tax bill.
Average Marysville Assessed Value
$247,254
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 Marysville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95901 | $77,934 | $166,105 | $247,254 | $364,580 | $424,145 |
Source: Ownwell
Property Tax Bills Across Marysville, California
In Marysville, CA, property tax bills are primarily calculated based on the assessed value of the property. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. For homeowners in Marysville, the median home price is $247,254, which serves as a baseline for calculating property taxes. The tax rate in Marysville is influenced by various factors, including local government budgets and voter-approved measures. For instance, the tax bill at the 25th percentile is $1,492, while at the 75th percentile, it rises to $3,982. Homeowners at the 90th percentile face a tax bill of $4,663. These property taxes fund essential public services such as schools, infrastructure, and emergency services. The national median property tax rate is 0.99%, and comparing this to Marysville's figures helps homeowners understand their tax burden relative to other regions. Understanding these factors is crucial for homeowners to budget effectively and anticipate their annual property tax obligations.
Average Marysville Tax Bill
$2,752
Average Butte County Tax Bill
$2,554
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Marysville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95901 | $630 | $1,492 | $2,752 | $3,982 | $4,663 |
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 |