Crockett, California Property Taxes
The median property tax rate in Crockett, CA is 1.50%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Crockett at $352,854, the typical annual property tax bill reaches $5,327, exceeding the national median of $2,690. Property taxes in Crockett 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 Crockett'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 Crockett 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
Crockett, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.5%
Estimate Property Tax Bill
$5,293
$4,912
$1,148
Average Tax Savings
Ownwell’s Crockett Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Crockett with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crockett 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 Crockett. 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 Crockett, California
Property taxes in Crockett, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Crockett is 1.50%, notably higher than the U.S. national median of 0.99%. Local government entities within Crockett set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crockett 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 Crockett's effective property tax rate to other counties in California and the national median. For comparison, the zip code 94525 has both the highest and lowest median property tax rate of 1.50%. Understanding how these cities compare with Crockett 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 Crockett Tax Rate
1.50%
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 Crockett, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94525 | 1.32% | 1.37% | 1.50% | 1.85% | 2.72% |
Source: Ownwell
$1,148
Average Crockett Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Crockett, California
In Crockett, CA, 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 Contra Costa County Assessor's Office 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 Crockett, 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 Crockett helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Crockett is $352,854, with the 25th percentile tax bill at $3,711 and the 75th percentile at $7,515. The highest and lowest median tax bills are both $5,327, found in the 94525 zip code.
Property Tax Assessment Values Across Crockett, California
Source: Ownwell
$16,243
$1,002,640
$1,989,037
Average Crockett Assessed Value
$352,854
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 Crockett, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94525 | $73,787 | $202,965 | $352,854 | $542,905 | $674,568 |
Source: Ownwell
$1,148
Average Crockett Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Crockett, California
In Crockett, Contra Costa County, CA, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine your annual property tax bill. For context, the national median property tax rate is 0.99%. In Crockett, homeowners can expect tax bills ranging from $3,711 at the 25th percentile to $9,091 at the 90th percentile, with the highest median tax bill being $5,327 in zip code 94525. Various factors, such as changes in market conditions and property improvements, can influence these assessments, directly impacting your tax obligations. Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing your property's assessed value and comparing it to market conditions, Ownwell identifies potential over-assessments and helps you file appeals to reduce your tax bill. This service can lead to significant savings, ensuring you only pay your fair share in property taxes.
Average Crockett Tax Bill
$5,327
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 Crockett, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94525 | $2,139 | $3,711 | $5,327 | $7,515 | $9,091 |
Source: Ownwell
$1,148
Average Crockett 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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