Oroville, California Property Taxes
The median property tax rate in Oroville, CA is 1.13%, 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 $145,112, the typical annual property tax bill in Oroville is around $1,792, which is below the national median of $2,690. Property taxes in Oroville are calculated based on the assessed value, which is often less than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Oroville'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 Oroville 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
Oroville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$1,640
$1,549
Ownwell’s Oroville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Oroville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Oroville 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 Oroville, California
Property taxes in Oroville, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Oroville is 1.13%, which is higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Oroville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Oroville 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 Oroville's effective property tax rate to other areas in Butte County and the national median. For comparison, the 95965 zip code has the highest median property tax rate of 1.16%, while the 95968 zip code has the lowest median tax rate of 1.08%. Understanding how these areas compare with Oroville 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 Oroville Tax Rate
1.13%
Average Butte County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oroville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95965 | 1.05% | 1.10% | 1.16% | 1.40% | 1.82% |
| 95966 | 1.06% | 1.10% | 1.13% | 1.26% | 1.73% |
| 95968 | 1.06% | 1.07% | 1.08% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Oroville, California
In Oroville, 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 Oroville, 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 Oroville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 95968 has the highest median tax bill at $2,684, while 95966 has the lowest at $1,783.
Average Oroville Assessed Value
$145,112
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 Oroville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95965 | $32,873 | $72,794 | $144,386 | $237,848 | $331,500 |
| 95966 | $40,019 | $77,254 | $146,295 | $241,243 | $344,944 |
| 95968 | $103,545 | $157,076 | $246,294 | $335,513 | $389,044 |
Source: Ownwell
Property Tax Bills Across Oroville, California
In Oroville, located in Butte County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Oroville face a range of property tax bills, influenced by factors such as the home's location, size, and market conditions. For instance, the median home price in Oroville is $145,112, with property tax bills varying significantly across different percentiles. At the 25th percentile, tax bills are around $898, while at the 75th percentile, they climb to $2,971, and at the 90th percentile, they can reach $4,163. Homeowners in the 95968 zip code experience the highest median tax bill at $2,684, whereas those in the 95966 zip code have the lowest median tax bill at $1,783. These varying tax bills can significantly impact homeowners, influencing their overall cost of living and financial planning.
Average Oroville Tax Bill
$1,792
Average Butte County Tax Bill
$2,554
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Oroville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95965 | $317 | $839 | $1,830 | $3,080 | $4,348 |
| 95966 | $397 | $925 | $1,783 | $2,927 | $4,102 |
| 95968 | $1,109 | $1,700 | $2,684 | $3,668 | $4,258 |
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 |