Camp Connell, California Property Taxes
The median property tax rate in Camp Connell, CA is 1.37%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Camp Connell at $100,757, the typical annual property tax bill reaches $1,507, which is lower than the national median of $2,690. Property taxes in Camp Connell are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Camp Connell'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 Camp Connell 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
Camp Connell, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$1,380
$1,304
Ownwell’s Camp Connell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Camp Connell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Camp Connell 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 Camp Connell, California
Property taxes in Camp Connell, California, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Camp Connell is 1.37%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Camp Connell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Camp Connell 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 Camp Connell's effective property tax rate to other counties in California and the national median. For comparison, the zip code 95223 has the highest median property tax rate of 1.37%, while the same zip code also has the lowest median tax rate of 1.37%. Understanding how these cities compare with Camp Connell 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 Camp Connell Tax Rate
1.37%
Average Calaveras County Tax Rate
1.18%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Camp Connell, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95223 | 1.24% | 1.33% | 1.37% | 1.60% | 1.94% |
Source: Ownwell
Property Tax Assessment Values Across Camp Connell, California
In Camp Connell, 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 Camp Connell, 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 Camp Connell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in the area is $1507, both found in the 95223 zip code.
Property Tax Assessment Values Across Camp Connell, California
Source: Ownwell
$38,045
$251,554
$465,062
Average Camp Connell Assessed Value
$100,757
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 Camp Connell, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95223 | $34,101 | $40,476 | $100,757 | $190,204 | $298,402 |
Source: Ownwell
Property Tax Bills Across Camp Connell, California
In Camp Connell, located in Calaveras County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in this area is $100,757. Property taxes are then applied to this assessed value using the local tax rate. For Camp Connell, the median property tax bill stands at $1,507, which is significantly higher than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's market value, any exemptions for which the homeowner qualifies, and local tax levies. Homeowners in Camp Connell can expect their property tax bills to vary widely, with the 25th percentile tax bill at $794, the 75th percentile at $2,528, and the 90th percentile reaching up to $3,687. These variations can significantly impact a homeowner's annual expenses, making it essential for property owners to understand their assessed values and potential exemptions to manage their tax liabilities effectively.
Average Camp Connell Tax Bill
$1,507
Average Calaveras County Tax Bill
$3,038
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Camp Connell, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95223 | $631 | $794 | $1,507 | $2,528 | $3,687 |
Source: Ownwell
Don't miss the deadline to appeal!
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Calaveras Tax Assessor | |
Website | common3.mptsweb.com |