Twin Bridges, El Dorado County, California Property Taxes
Median Twin Bridges, CA effective property tax rate: 1.07%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Twin Bridges, CA home value: $233,864
Median annual Twin Bridges, CA tax bill: $2,422, $22 higher than the national median property tax bill of $2,400.
How are property taxes in El Dorado calculated?
Property taxes in Twin Bridges, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Twin Bridges’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Twin Bridges, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Twin Bridges, El Dorado County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.07%
Estimate Property Tax Bill
$2,502
$2,322
Property Tax Rates Across Twin Bridges, El Dorado County, California
Local government entities determine tax rates, which can vary significantly within a state. This variation arises because each county annually estimates the budget needed to provide services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Twin Bridges, located in El Dorado County, the effective property tax rate aligns closely with both the county and state median rates. This is noteworthy given that California's median property tax rate is slightly above the national median of 1.02%. While the state sees a range of property tax rates, Twin Bridges experiences a consistent rate, reflecting the county's approach to budgeting and service provision. This consistency is advantageous for property owners as it provides predictability in their annual tax obligations. As you navigate property tax matters, understanding these local nuances can be beneficial, ensuring you're well-prepared for any tax-related decisions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Twin Bridges Tax Rate
1.07%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective El Dorado County Tax Rate
1.07%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Twin Bridges, El Dorado County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95735 | 1.02% | 1.04% | 1.07% | 1.11% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Twin Bridges, El Dorado County, California
When examining property taxes in Twin Bridges, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The El Dorado County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In El Dorado County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Twin Bridges. For example, the median home price in Twin Bridges is $233,864, with tax bills ranging significantly across the county. Zip code 95735 has the highest median home price at $233,864.
Property Tax Assessment Values Across Twin Bridges, El Dorado County, California
Source: Ownwell
$187,272
$408,463
$629,654
Median Twin Bridges Market Value
$233,864
Median El Dorado County Market Value
$402,842
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Twin Bridges, El Dorado County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95735 | $59,846 | $128,122 | $233,864 | $367,944 | $520,085 |
Source: Ownwell
Property Tax Bills Across Twin Bridges, El Dorado County, California
In Twin Bridges, nestled in El Dorado County, CA, property tax bills are influenced by the assessed value of a home, which is determined by the county assessor. This value is typically a percentage of the property's market value. The median home price in Twin Bridges is $233,864, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $1,398, while the 75th percentile reaches $3,821, and the 90th percentile climbs to $4,868. These figures reflect the variation in assessed values and the local tax rate. With the national median property tax rate at 1.02%, Twin Bridges' tax rates are competitive, yet they can still pose a financial burden to homeowners.
Ownwell steps in to assist homeowners by offering property tax appeal and exemption services. By analyzing your property's assessed value and comparing it with similar properties, Ownwell can identify potential savings. This service helps homeowners ensure they are not overpaying, providing peace of mind and financial relief.
Property Tax Bills Across Twin Bridges, El Dorado County, California
Source: Ownwell
$1,881
$4,714
$7,547
Median Twin Bridges Tax Bill
$2,422
Median El Dorado County Tax Bill
$4,236
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Twin Bridges, El Dorado County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95735 | $694 | $1,398 | $2,422 | $3,821 | $4,868 |
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 |