Township 6 North, California Property Taxes
The median property tax rate in Township 6 North, CA is 1.26%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Township 6 North, the typical annual property tax bill reaches $1,952, which exceeds the national median of $2,690. Property taxes in Township 6 North 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 Township 6 North'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 Township 6 North 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
Township 6 North, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s TOWNSHIP 6 NORTH Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in TOWNSHIP 6 NORTH with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in TOWNSHIP 6 NORTH 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 Township 6 North, California
Property taxes in Township 6 North, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Township 6 North is 1.26%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Township 6 North set these rates annually, and they can vary significantly across different neighborhoods. Each year, Township 6 North 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. Understanding how Township 6 North's effective property tax rate compares to other areas in Calaveras County and the national median provides valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Township 6 North Tax Rate
1.26%
Average Calaveras County Tax Rate
1.18%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Township 6 North, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Township 6 North, California
In Township 6 North, 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 Township 6 North, 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 Township 6 North helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in this area is $153,636, with tax bills ranging from $1,778 at the 25th percentile to $2,231 at the 90th percentile.
Property Tax Assessment Values Across Township 6 North, California
Source: Ownwell
$38,045
$251,554
$465,062
Average Township 6 North Assessed Value
$153,636
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 Township 6 North, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Township 6 North, California
In Township 6 North, located in Calaveras County, CA, property tax bills are calculated based on the assessed value of the property, which is typically determined by the county assessor. The assessed value is often a percentage of the market value of the home. For example, with a median home price of $153,636, the property tax bill can vary significantly. Homeowners in the 25th percentile can expect to pay around $1,778 annually, while those in the 75th percentile may see bills closer to $2,126. For the top 10% of property values, the tax bill can reach up to $2,231. Several factors influence these tax bills, including property location, improvements, and local tax rates. The tax rate in Calaveras County may differ from the national median property tax rate of 0.99%, affecting overall costs. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting homeowners by contributing to the community's quality of life and property values.
Average Township 6 North Tax Bill
$1,952
Average Calaveras County Tax Bill
$3,038
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Township 6 North, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
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 |