Stonyford, California Property Taxes
The median property tax rate in Stonyford, CA is 1.01%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Stonyford being $104,384, the typical annual property tax bill amounts to $1,023, which is below the national median of $2,690. Property taxes in Stonyford are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Stonyford'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 Stonyford 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
Stonyford, 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 Stonyford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stonyford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stonyford 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 Stonyford, California
Property taxes in Stonyford, California, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Stonyford is 1.01%, slightly above the U.S. national median of 0.99%. Local government entities within Stonyford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stonyford 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 Stonyford's effective property tax rate to other areas in Colusa County and the national median. For comparison, the highest and lowest median property tax rates in Colusa County are both 1.01%, indicating a uniform tax rate across the region. Understanding how these cities compare with Stonyford provides valuable insights into the varying tax landscape across Colusa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stonyford Tax Rate
1.01%
Average Colusa County Tax Rate
1.10%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stonyford, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95979 | 0.90% | 0.96% | 1.01% | 1.01% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Stonyford, California
In Stonyford, California, understanding the difference between "market value" and "assessed value" is essential 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 Colusa 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 Stonyford, 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 Stonyford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 95979 in Stonyford has the highest and lowest median tax bill at $1,023, highlighting the uniformity in property tax assessments within the area.
Average Stonyford Assessed Value
$104,384
Average Colusa County Assessed Value
$181,785
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stonyford, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95979 | $28,891 | $59,281 | $104,384 | $159,294 | $234,322 |
Source: Ownwell
Property Tax Bills Across Stonyford, California
In Stonyford, property tax bills are calculated based on the assessed value of the property, which is determined by the Colusa County Assessor's Office. The assessed value is typically a percentage of the property's market value. Various factors such as location, property size, and improvements can influence this assessment. Homeowners in Stonyford experience a range of property tax bills. The 25th percentile tax bill is around $574, while those in the 75th percentile pay approximately $1,548. At the 90th percentile, the tax bill can reach up to $2,239. These figures indicate a significant variation in tax obligations, reflecting differences in property values and assessments within the area. Compared to the national median property tax rate of 0.99%, Stonyford's property tax rates are relatively moderate. Understanding how these taxes are calculated can help homeowners better anticipate their financial responsibilities and plan accordingly.
Average Stonyford Tax Bill
$1,023
Average Colusa County Tax Bill
$1,887
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Stonyford, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95979 | $288 | $574 | $1,023 | $1,548 | $2,239 |
Source: Ownwell