Pilot Hill, California Property Taxes
The median property tax rate in Pilot Hill, CA is 1.03%, 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 Pilot Hill at $411,203, the typical annual property tax bill amounts to $4,291, significantly surpassing the national median of $2,690. Property taxes in Pilot Hill are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pilot Hill'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 Pilot Hill 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
Pilot Hill, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$4,235
$3,930
Ownwell’s PILOT HILL Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in PILOT HILL with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in PILOT HILL 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 Pilot Hill, California
Property taxes in Pilot Hill, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pilot Hill is 1.03%, which is higher than the U.S. national median of 0.99%. Local government entities within Pilot Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pilot Hill 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 Pilot Hill's effective property tax rate to other areas in El Dorado County and the national median. For comparison, the zip code 95664 has the highest median property tax rate of 1.03%, while the same zip code also has the lowest median tax rate of 1.03%. Understanding how these rates compare with Pilot Hill 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 Pilot Hill Tax Rate
1.03%
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 Pilot Hill, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95664 | 1.02% | 1.03% | 1.03% | 1.05% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Pilot Hill, California
In Pilot Hill, 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 Pilot Hill, 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 Pilot Hill is $411,203, with tax bills ranging from $2,778 at the 25th percentile to $7,619 at the 90th percentile. The zip code 95664 has both the highest and lowest median tax bill of $4,291. 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 Pilot Hill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pilot Hill Assessed Value
$411,203
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 Pilot Hill, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95664 | $181,636 | $270,492 | $411,203 | $562,166 | $738,725 |
Source: Ownwell
Property Tax Bills Across Pilot Hill, California
In Pilot Hill, located in El Dorado County, CA, property tax bills are determined based on the assessed value of a home, which is typically influenced by the market value of the property. Homeowners in this area can expect a median home price of $411,203. The property tax rate for the region is calculated annually and applied to the assessed value of the property. Several factors contribute to the final tax bill, including the property's location, size, and any applicable exemptions or deductions. For instance, the 25th percentile of tax bills in Pilot Hill is around $2,778, while the 75th percentile reaches up to $5,722. Homeowners in the 90th percentile may see tax bills as high as $7,619. This variation highlights the influence of property value and specific local tax regulations. Understanding how these factors interplay is crucial for homeowners, as property taxes can significantly impact annual expenses. Compared to the national median property tax rate of 0.99%, the rates in Pilot Hill can lead to substantial differences in tax obligations, making it essential for homeowners to stay informed and proactive about their property assessments.
Average Pilot Hill Tax Bill
$4,291
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 Pilot Hill, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95664 | $1,923 | $2,778 | $4,291 | $5,722 | $7,619 |
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 |