Bethel Island, California Property Taxes
The median property tax rate in Bethel Island, CA is 1.41%, significantly higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Bethel Island at $362,654, the typical annual property tax bill reaches $5,152, surpassing the national median of $2,690. Property taxes in Bethel Island are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Bethel Island's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Bethel Island or another part of Contra Costa County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bethel Island, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.41%
Estimate Property Tax Bill
$5,113
$4,745
$1,148
Average Tax Savings
Ownwell’s Bethel Island Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bethel Island with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bethel Island to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Bethel Island. 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 Bethel Island, California
Property taxes in Bethel Island, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bethel Island is 1.41%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Bethel Island set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bethel Island 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 Bethel Island's effective property tax rate to other counties in California and the national median. For comparison, the 94511 zip code has the highest median property tax rate of 1.41%, while the same 94511 zip code also has the lowest median tax rate of 1.41%. Understanding how these cities compare with Bethel Island provides valuable insights into the varying tax landscape across Contra Costa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bethel Island Tax Rate
1.41%
Average Contra Costa County Tax Rate
1.36%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bethel Island, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94511 | 1.10% | 1.26% | 1.41% | 1.80% | 2.24% |
Source: Ownwell
$1,148
Average Bethel Island Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Bethel Island, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bethel Island, California. 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 Contra Costa 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 Bethel Island, 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 Bethel Island 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 in Bethel Island is 94511, with a median tax bill of $5,152.
Property Tax Assessment Values Across Bethel Island, California
Source: Ownwell
$16,243
$1,002,640
$1,989,037
Average Bethel Island Assessed Value
$362,654
Average Contra Costa County Assessed Value
$485,124
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bethel Island, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94511 | $21,710 | $120,363 | $362,654 | $636,000 | $1,036,650 |
Source: Ownwell
$1,148
Average Bethel Island Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Bethel Island, California
In Bethel Island, property tax bills are calculated based on the assessed value of the property, which is determined by the Contra Costa County Assessor's Office. The assessed value typically starts with the purchase price and is adjusted annually for inflation, not exceeding 2% per year. Homeowners in Bethel Island face a median property tax bill of $5,152, which can vary widely. For instance, tax bills range from $2,461 at the 25th percentile to $20,840 at the 90th percentile. Several factors influence the tax bill, including the property's location, size, and improvements. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Ownwell can help homeowners in Bethel Island save on their property tax bills by providing expert property tax appeal and exemption services. By ensuring that your property is accurately assessed and identifying potential exemptions, Ownwell can significantly reduce your tax burden, offering peace of mind and financial relief.
Average Bethel Island Tax Bill
$5,152
Average Contra Costa County Tax Bill
$6,706
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Bethel Island, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94511 | $198 | $2,461 | $5,152 | $8,882 | $20,840 |
Source: Ownwell
$1,148
Average Bethel Island Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Contra Costa Tax Assessor | |
| Website | www.contracosta.ca.gov |
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