Briones, California Property Taxes
The median property tax rate in Briones, CA is 1.14%, higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Briones at $746,140, the typical annual property tax bill reaches $8,467, significantly surpassing the national median of $2,690. Property taxes in Briones are calculated based on the assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Briones'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 Briones 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
Briones, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$8,506
$7,893
$1,148
Average Tax Savings
Ownwell’s Briones Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Briones with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Briones 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 Briones. 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 Briones, California
Property taxes in Briones, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Briones is 1.14%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Briones set these rates annually, and they can vary significantly across different neighborhoods. Each year, Briones 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 Briones' effective property tax rate to other areas in Contra Costa County and the national median. For comparison, the zip code 94553 has the same median property tax rate of 1.14%. Understanding how these areas compare with Briones 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 Briones Tax Rate
1.14%
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 Briones, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94553 | 1.13% | 1.13% | 1.14% | 1.15% | 1.21% |
Source: Ownwell
$1,148
Average Briones Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Briones, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Briones, CA. 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 Briones, 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. The median home price in Briones is $746,140, with tax bills ranging from $5,216 at the 25th percentile to $19,019 at the 90th percentile. The highest median tax bill of $8,467 is found in the 94553 zip code, which also has the lowest median tax bill, indicating a narrow range in property tax bills. 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 Briones helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Briones Assessed Value
$746,140
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 Briones, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94553 | $85,634 | $459,254 | $746,140 | $1,076,962 | $1,677,884 |
Source: Ownwell
$1,148
Average Briones Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Briones, California
In Briones, CA, property tax bills are calculated based on the assessed value of your home, which is typically determined by the purchase price and adjusted annually for inflation. The median home price in Briones is $746,140, and the property tax rate in Contra Costa County is aligned with California's average, often around 1% of the assessed value. This means homeowners in Briones can expect to pay a median property tax bill of approximately $7,461 annually. Several factors influence your tax bill, including the home's assessed value, local tax rates, and any applicable exemptions or reductions. For instance, the 25th percentile tax bill is $5,216, while the 75th percentile reaches $12,257, and the 90th percentile can be as high as $19,019. Such variations highlight the importance of ensuring your property is assessed correctly. Ownwell can help homeowners in Briones save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property's assessed value and identifying potential discrepancies or opportunities for exemptions, Ownwell ensures you pay only your fair share, potentially saving you thousands annually.
Average Briones Tax Bill
$8,467
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 Briones, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94553 | $1,071 | $5,216 | $8,467 | $12,257 | $19,019 |
Source: Ownwell
$1,148
Average Briones 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 |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.