Crescent City, California Property Taxes
The median property tax rate in Crescent City, CA is 1.07%, slightly higher than the national median of 0.99% but below the California state median of 1.21%. With a median home value of $174,444 in Crescent City, the typical annual property tax bill amounts to $1,837, which is less than the national median of $2,690. Property taxes in Crescent City are based on the tax assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Grasping Crescent City'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 Crescent City or another part of Del Norte County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Crescent City, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$1,867
$1,763
Ownwell’s Crescent City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Crescent City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Crescent City 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 Crescent City, California
Property taxes in Crescent City, California, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Crescent City is 1.07%, higher than the U.S. national median of 0.99%. Local government entities within Crescent City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Crescent City 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 Crescent City's effective property tax rate to other counties in California and the national median. For comparison, the 95531 zip code has the highest median property tax rate of 1.07%, while the same zip code also has the lowest median tax rate of 1.07%. Understanding how these cities compare with Crescent City provides valuable insights into the varying tax landscape across Del Norte County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Crescent City Tax Rate
1.07%
Average Del Norte County Tax Rate
1.06%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Crescent City, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95531 | 1.02% | 1.05% | 1.07% | 1.12% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Crescent City, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Crescent City, 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 Del Norte 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 Crescent City, 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. With a median home price of $174,444, understanding the distinction between these valuation concepts can help property owners better navigate their tax responsibilities. The city's median tax bill stands at $1,837, with the 25th percentile tax bill at $945 and the 75th percentile at $2,951. The highest and lowest median tax bills both occur in the 95531 zip code, highlighting the importance of being aware of these valuation processes. This knowledge can identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Crescent City, California
Source: Ownwell
$82,100
$131,504
$180,907
Average Crescent City Assessed Value
$174,444
Average Del Norte County Assessed Value
$167,323
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Crescent City, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95531 | $35,166 | $88,690 | $174,444 | $280,500 | $390,481 |
Source: Ownwell
Property Tax Bills Across Crescent City, California
Property tax bills in Crescent City, located in Del Norte County, CA, are calculated based on the assessed value of a property. The assessed value is determined by the county assessor and typically aligns closely with the property's market value. Homeowners in Crescent City face a median property tax bill of $1,837, which is below the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. For instance, the 25th percentile tax bill is $945, while the 75th percentile tax bill reaches $2,951, indicating a range of tax burdens depending on property values and specific circumstances. At the 90th percentile, the tax bill can be as high as $4,102. These property taxes fund essential local services such as public schools, infrastructure, and emergency services. For homeowners, understanding how these taxes are calculated and what influences them is crucial for effective financial planning and property management.
Average Crescent City Tax Bill
$1,837
Average Del Norte County Tax Bill
$1,752
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Crescent City, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95531 | $358 | $945 | $1,837 | $2,951 | $4,102 |
Source: Ownwell