Campo Seco, California Property Taxes
The median property tax rate in Campo Seco, CA is 1.37%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With a median home value of $59,502 in Campo Seco, the typical annual property tax bill reaches $886, which is below the national median of $2,690. Property taxes in Campo Seco are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Campo Seco'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 Campo Seco 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
Campo Seco, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$815
$756
Ownwell’s Campo Seco Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Campo Seco with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Campo Seco 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 Campo Seco, California
Property taxes in Campo Seco, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Campo Seco is 1.37%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Campo Seco set these rates annually, and they can vary significantly across different neighborhoods. Each year, Campo Seco 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 Campo Seco's effective property tax rate to other counties in California and the national median. For comparison, the 95226 zip code 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 Campo Seco 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 Campo Seco 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 Campo Seco, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95226 | 1.19% | 1.25% | 1.37% | 1.57% | 2.90% |
Source: Ownwell
Property Tax Assessment Values Across Campo Seco, California
In Campo Seco, 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 Campo Seco, 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 Campo Seco helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 95226, both at $886.
Average Campo Seco Assessed Value
$59,502
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 Campo Seco, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95226 | $33,909 | $40,407 | $59,502 | $104,842 | $160,094 |
Source: Ownwell
Property Tax Bills Across Campo Seco, California
In Campo Seco, 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 Campo Seco is $59,502. Property taxes are then applied to this assessed value using the local tax rate. For example, the tax bill in Campo Seco ranges from $692 at the 25th percentile to $1,348 at the 75th percentile, with the 90th percentile reaching up to $1,750. The highest and lowest median tax bills in the area are both $886, reflecting a consistent rate within the zip code 95226. Factors such as property improvements, market conditions, and assessment appeals can influence the assessed value and, consequently, the tax bill. Homeowners in Campo Seco may find their property tax bills relatively manageable compared to the national median property tax rate of 0.99%. Understanding these factors can help homeowners anticipate their annual tax obligations and plan their finances accordingly.
Average Campo Seco Tax Bill
$886
Average Calaveras County Tax Bill
$3,038
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Campo Seco, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95226 | $532 | $692 | $886 | $1,348 | $1,750 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Calaveras Tax Assessor | |
| Website | common3.mptsweb.com |