Grizzly Flats, California Property Taxes
The median property tax rate in Grizzly Flats, CA is 1.09%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Grizzly Flats at $241,454, the typical annual property tax bill is $2,315, which is below the national median of $2,690. Property taxes in Grizzly Flats 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 Grizzly Flats' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Grizzly Flats or another part of El Dorado County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Grizzly Flats, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$2,632
$2,442
Ownwell’s Grizzly Flats Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grizzly Flats with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Grizzly Flats to provide an estimated property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value, determined by El Dorado County, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Grizzly Flats, California
Property taxes in Grizzly Flats, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Grizzly Flats is 1.09%, higher than the U.S. national median of 0.99%. Local government entities within Grizzly Flats set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grizzly Flats 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 Grizzly Flats' effective property tax rate to other counties in California and the national median. For comparison, the 95636 zip code has the highest median property tax rate of 1.09%, while the 95636 zip code also has the lowest median tax rate of 1.09%. Understanding how these cities compare with Grizzly Flats 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 Grizzly Flats 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 Grizzly Flats, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95636 | 0.68% | 1.05% | 1.09% | 1.12% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Grizzly Flats, California
In Grizzly Flats, 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 Grizzly Flats, 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 Grizzly Flats helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Grizzly Flats is $241,454, with the highest and lowest median tax bills recorded at $2,315 in the 95636 zip code.
Property Tax Assessment Values Across Grizzly Flats, California
Source: Ownwell
$10,234
$319,944
$629,654
Average Grizzly Flats Assessed Value
$241,454
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 Grizzly Flats, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95636 | $111,082 | $169,785 | $241,454 | $324,476 | $392,170 |
Source: Ownwell
Property Tax Bills Across Grizzly Flats, California
In Grizzly Flats, located in El Dorado County, CA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Grizzly Flats stands at $241,454. Property taxes are then determined by applying the local tax rate to this assessed value. For instance, homeowners in Grizzly Flats experience a range of property tax bills, with the 25th percentile at $1,636 and the 75th percentile reaching $3,228. At the 90th percentile, the tax bill can go up to $4,051, reflecting the higher end of property values in the area. The property tax rate in Grizzly Flats is influenced by various factors, including local government budgets, school funding, and public services. Homeowners are directly impacted by these taxes, as they contribute to the overall cost of owning a home. Compared to the national median property tax rate of 0.99%, the rates in Grizzly Flats can be seen as both a burden and a benefit, depending on individual financial circumstances and the value derived from local services.
Average Grizzly Flats Tax Bill
$2,315
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 Grizzly Flats, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95636 | $1,075 | $1,636 | $2,315 | $3,228 | $4,051 |
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 |