Princeton, Colusa County, California Property Taxes
Median Princeton, CA effective property tax rate: 1.05%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Princeton, CA home value: $107,800
Median annual Princeton, CA tax bill: $1,078, $1,322 lower than the national median property tax bill of $2,400.
How are property taxes in Colusa calculated?
Property taxes in Princeton, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Princeton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Princeton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Princeton, Colusa County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.05%
Estimate Property Tax Bill
$1,132
$1,050
Property Tax Rates Across Princeton, Colusa County, California
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budget needs to provide essential services and divides that by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Princeton, located in Colusa County, California, the effective property tax rate aligns with the county's median of 1.05%. This rate is slightly above the national median property tax rate of 1.02%. When comparing Princeton's rate to other cities in California, it's evident that the rate is consistent across the county. While California's median tax rate is a reflection of the diverse property values and local government budgets, Princeton's rate provides a glimpse into the broader trends within the state. Understanding these rates is crucial for property owners aiming to manage their tax liabilities effectively.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Princeton Tax Rate
1.05%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Colusa County Tax Rate
1.10%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Princeton, Colusa County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95970 | 0.99% | 1.01% | 1.05% | 1.10% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Princeton, Colusa County, California
When examining property taxes in Princeton, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Colusa County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Colusa County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Princeton. For example, the median home price in Princeton is $107,800, with tax bills ranging significantly across the county. Zip code 95970 has the highest median home price at $107,800.
Property Tax Assessment Values Across Princeton, Colusa County, California
Source: Ownwell
$86,570
$149,328
$212,085
Median Princeton Market Value
$107,800
Median Colusa County Market Value
$181,785
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Princeton, Colusa County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95970 | $33,892 | $59,122 | $107,800 | $185,925 | $261,029 |
Source: Ownwell
Property Tax Bills Across Princeton, Colusa County, California
Median Princeton Tax Bill
$1,078
Median Colusa County Tax Bill
$1,887
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Princeton, Colusa County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95970 | $366 | $592 | $1,078 | $1,917 | $2,502 |
Source: Ownwell