Burson, California Property Taxes
The median property tax rate in Burson, CA, is 1.16%, 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 $228,970, the typical annual property tax bill in Burson is $2,591, which is below the national median of $2,690. Property taxes in Burson are calculated based on the assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Burson'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 Burson or another part of Calaveras County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Burson, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$2,656
$2,508
Ownwell’s Burson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Burson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Burson 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 Burson, California
Property taxes in Burson, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burson is 1.16%, which is higher than the U.S. national median of 0.99%. Local government entities within Burson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burson 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 Burson's effective property tax rate to other areas in Calaveras County and the national median. For comparison, the 95225 zip code has the highest median property tax rate of 1.16%, while the 95254 zip code has the lowest median tax rate of 1.15%. Understanding how these areas compare with Burson provides valuable insights into the varying tax landscape across Calaveras County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Burson Tax Rate
1.16%
Average Calaveras County Tax Rate
1.18%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burson, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95225 | 1.09% | 1.15% | 1.16% | 1.21% | 1.37% |
95254 | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Burson, California
In Burson, 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 Calaveras 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 Burson, 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. The median home price in Burson is $228,970, with tax bills ranging from the 25th percentile at $1,619 to the 75th percentile at $3,574. The highest median tax bill is in zip code 95254 at $2,742, while the lowest is in zip code 95225 at $2,514. 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 Burson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Burson Assessed Value
$228,970
Average Calaveras County Assessed Value
$264,373
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burson, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95225 | $62,898 | $131,004 | $219,476 | $320,408 | $425,016 |
95254 | $238,614 | $238,614 | $238,614 | $238,614 | $238,614 |
Source: Ownwell
Property Tax Bills Across Burson, California
In Burson, CA, property tax bills are calculated based on the assessed value of a home, which is typically determined by the county assessor. The assessed value is influenced by factors such as the home's market value, location, and any improvements made to the property. In Calaveras County, the median home price is $228,970, and property taxes are calculated using a rate that aligns with the state guidelines. Homeowners in Burson can expect their property tax bills to fall within a range depending on their property's assessed value. For example, the 25th percentile tax bill is $1,619, while the 75th percentile tax bill is $3,574. At the higher end, the 90th percentile tax bill reaches $4,561. These figures illustrate the variation in tax bills across different property values. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding how local rates may impact homeowners. The highest median tax bill in the area is $2,742 in the 95254 zip code, while the lowest is $2,514 in the 95225 zip code, reflecting the diversity in property tax burdens within the region.
Average Burson Tax Bill
$2,591
Average Calaveras County Tax Bill
$3,038
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Burson, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95225 | $830 | $1,608 | $2,514 | $3,592 | $4,572 |
95254 | $2,742 | $2,742 | $2,742 | $2,742 | $2,742 |
Source: Ownwell
Don't miss the deadline to appeal!
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Links | |
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Calaveras Tax Assessor | |
Website | common3.mptsweb.com |