Garden Valley, California Property Taxes
The median property tax rate in Garden Valley, CA is 1.09%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $284,453 in Garden Valley, the typical annual property tax bill is $3,022, surpassing the national median of $2,690. Property taxes in Garden Valley are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Garden Valley'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 Garden Valley 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
Garden Valley, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$3,101
$2,877
Ownwell’s Garden Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Garden Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Garden Valley 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 Garden Valley, California
Property taxes in Garden Valley, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Garden Valley is 1.09%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Garden Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Garden Valley 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 Garden Valley's effective property tax rate to other counties in California and the national median. For comparison, the zip code 95633 has the highest median property tax rate of 1.09%, while the same zip code also has the lowest median tax rate of 1.09%. Understanding how these cities compare with Garden Valley provides valuable insights into the varying tax landscape across El Dorado County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Garden Valley Tax Rate
1.09%
Average El Dorado County Tax Rate
1.07%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Garden Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95633 | 1.05% | 1.07% | 1.09% | 1.13% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Garden Valley, California
In Garden Valley, California, 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 El Dorado 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 Garden Valley, 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. For instance, the highest median tax bill in Garden Valley is $3022 in the 95633 zip code, while the lowest median tax bill is also $3022 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Garden Valley, California
Source: Ownwell
$10,234
$319,944
$629,654
Average Garden Valley Assessed Value
$284,453
Average El Dorado County Assessed Value
$402,842
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Garden Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95633 | $124,221 | $194,758 | $284,453 | $385,181 | $499,115 |
Source: Ownwell
Property Tax Bills Across Garden Valley, California
In Garden Valley, located in El Dorado County, CA, property tax bills are calculated based on the assessed value of a property, which is typically determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For Garden Valley, the median home price stands at $284,453. Homeowners in this area can expect their tax bills to vary significantly; the 25th percentile tax bill is around $2,132, while the 75th percentile tax bill reaches up to $4,085. At the 90th percentile, tax bills can climb to $5,228. These variations in tax bills are influenced by factors such as property improvements, location, and market conditions. Compared to the national median property tax rate of 0.99%, the tax rates in Garden Valley reflect the local economic conditions and public service funding requirements. For homeowners, understanding these factors is crucial as they directly impact their annual financial obligations and the overall cost of owning property in this region.
Average Garden Valley Tax Bill
$3,022
Average El Dorado County Tax Bill
$4,236
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Garden Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95633 | $1,425 | $2,132 | $3,022 | $4,085 | $5,228 |
Source: 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 | |
|---|---|
| El Dorado Tax Assessor | |
| Website | parcel.edcgov.us |