Nelson, California Property Taxes
The median property tax rate in Nelson, CA is 1.08%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $143,162 in Nelson, the typical annual property tax bill amounts to $1,388, which is below the national median of $2,690. Property taxes in Nelson 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 Nelson'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 Nelson or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nelson, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$1,546
$1,435
Ownwell’s Nelson Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Nelson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Nelson to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities, giving you a clearer financial picture. For those interested in seeing trends on a neighborhood level, more localized information is available below. Your property’s assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Nelson, California
Property taxes in Nelson, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Nelson is 1.08%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Nelson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Nelson 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 Nelson's effective property tax rate to other counties in California and the national median. For comparison, the 95958 zip code has the highest median property tax rate of 1.08%, while the 95958 zip code also has the lowest median tax rate of 1.08%. Understanding how these cities compare with Nelson 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 Nelson Tax Rate
1.08%
Average Butte County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nelson, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95958 | 1.00% | 1.04% | 1.08% | 1.12% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Nelson, California
In Nelson, 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 Nelson, 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 Nelson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 95958, while the lowest median tax bill is also found in 95958, both at $1,388.
Average Nelson Assessed Value
$143,162
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 Nelson, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95958 | $38,392 | $64,539 | $143,162 | $181,453 | $258,538 |
Source: Ownwell
Property Tax Bills Across Nelson, California
In Nelson, property tax bills are calculated based on the assessed value of the home, which is determined by the Butte County Assessor's Office. The assessed value is typically a percentage of the market value of the property. For instance, if the market value of a home is $143,162, the assessed value will be a fraction of this amount. The property tax rate is then applied to this assessed value to calculate the tax bill. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and local government levies. Homeowners in Nelson can expect property tax bills to vary significantly, with the 25th percentile at $663 and the 75th percentile at $1866. The highest median tax bill recorded in the area is $1388, which is applied uniformly across the zip code 95958. Compared to the national median property tax rate of 0.99%, Nelson's rates can be seen as relatively moderate, which can be a financial relief for homeowners. However, understanding these factors is crucial for effective financial planning and property investment.
Average Nelson Tax Bill
$1,388
Average Butte County Tax Bill
$2,554
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Nelson, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95958 | $433 | $663 | $1,388 | $1,866 | $2,673 |
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 |