Hathaway Pines, California Property Taxes
The median property tax rate in Hathaway Pines, CA is 1.25%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Hathaway Pines at $215,256, the typical annual property tax bill reaches $2,526, which is just below the national median of $2,690. Property taxes in Hathaway Pines are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Hathaway Pines' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Hathaway Pines 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
Hathaway Pines, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$2,691
$2,497
Ownwell’s Hathaway Pines Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hathaway Pines with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hathaway Pines 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 Hathaway Pines, California
Property taxes in Hathaway Pines, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hathaway Pines is 1.25%, significantly higher than both the California state median of 0.74% and the U.S. national median of 0.99%. Local government entities within Hathaway Pines set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hathaway Pines 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 Hathaway Pines' effective property tax rate to other areas in California and the national median. For comparison, the 95247 zip code has the highest median property tax rate of 1.27%, while the 95233 zip code has the lowest median tax rate of 1.25%. Understanding how these areas compare with Hathaway Pines 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 Hathaway Pines Tax Rate
1.25%
Average Calaveras County Tax Rate
1.18%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hathaway Pines, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95233 | 1.14% | 1.18% | 1.25% | 1.36% | 1.62% |
| 95247 | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Hathaway Pines, California
In Hathaway Pines, 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 Hathaway Pines, 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. For instance, the zip code 95247 has the highest median tax bill of $2,601, while the lowest median tax bill of $2,520 is found in zip code 95233. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Hathaway Pines, California
Source: Ownwell
$38,045
$251,554
$465,062
Average Hathaway Pines Assessed Value
$215,256
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 Hathaway Pines, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95233 | $74,118 | $135,024 | $216,183 | $312,897 | $423,300 |
| 95247 | $204,217 | $204,217 | $204,217 | $204,217 | $204,217 |
Source: Ownwell
Property Tax Bills Across Hathaway Pines, California
In Hathaway Pines, property tax bills are calculated based on the assessed value of a home, which is determined by the Calaveras County Assessor's Office. The assessed value is typically a percentage of the property's market value. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions or deductions. For instance, in Hathaway Pines, homeowners can expect tax bills ranging from $1,862 at the 25th percentile to $4,601 at the 90th percentile. The median home price is $215,256, and the median property tax rate in the area is slightly above the national median of 0.99%. For homeowners, this means that property taxes can represent a significant annual expense. Understanding how these taxes are calculated can help homeowners plan their finances more effectively and potentially identify opportunities for tax savings through available exemptions.
Average Hathaway Pines Tax Bill
$2,526
Average Calaveras County Tax Bill
$3,038
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Hathaway Pines, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95233 | $1,197 | $1,862 | $2,520 | $3,568 | $4,604 |
| 95247 | $2,601 | $2,601 | $2,601 | $2,601 | $2,601 |
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 |