Shingle Springs, California Property Taxes
The median property tax rate in Shingle Springs, CA is 1.04%, 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 Shingle Springs at $470,683, the typical annual property tax bill reaches $4,972, significantly exceeding the national median of $2,690. Property taxes in Shingle Springs 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 Shingle Springs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Shingle Springs 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
Shingle Springs, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Shingle Springs Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Shingle Springs with just two data points. By inputting your property's estimated assessed value, the calculator applies the median tax rate in Shingle Springs to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in examining trends at a neighborhood level, more localized information is available below. Your property’s assessed value is determined by El Dorado County for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Shingle Springs, California
Property taxes in Shingle Springs, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shingle Springs is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Shingle Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shingle Springs 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 Shingle Springs' effective property tax rate to other counties in California and the national median. For comparison, the 95682 zip code has the highest median property tax rate of 1.04%, while the 95682 zip code also has the lowest median tax rate of 1.04%. Understanding how these cities compare with Shingle Springs 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 Shingle Springs Tax Rate
1.04%
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 Shingle Springs, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95682 | 1.02% | 1.03% | 1.04% | 1.08% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Shingle Springs, California
In Shingle Springs, 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 Shingle Springs, 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 Shingle Springs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Shingle Springs are both $4972, found in zip code 95682.
Property Tax Assessment Values Across Shingle Springs, California
Source: Ownwell
$10,234
$319,944
$629,654
Average Shingle Springs Assessed Value
$470,683
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 Shingle Springs, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95682 | $174,213 | $299,456 | $470,683 | $652,141 | $882,155 |
Source: Ownwell
Property Tax Bills Across Shingle Springs, California
In Shingle Springs, located in El Dorado County, CA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This value is typically a percentage of the property's market value. Homeowners in Shingle Springs can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $3,200, while the 75th percentile tax bill can reach up to $6,815. At the higher end, the 90th percentile tax bill is approximately $9,056. The median home price in Shingle Springs is $470,683, which provides a basis for these calculations. The property tax rate in this region can be compared to the national median property tax rate of 0.99%, offering a perspective on the local tax burden. Such variations in tax bills affect homeowners by influencing their annual financial planning and overall cost of homeownership. Understanding these factors is crucial for both current and prospective homeowners in Shingle Springs.
Average Shingle Springs Tax Bill
$4,972
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 Shingle Springs, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95682 | $1,905 | $3,200 | $4,972 | $6,815 | $9,056 |
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 |