Squaw Valley, California Property Taxes
The median property tax rate in Squaw Valley, CA is 1.13%, which is higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Squaw Valley at $169,228, the typical annual property tax bill reaches $1,857, still below the national median of $2,690. Property taxes in Squaw Valley are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Squaw 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 Squaw Valley or another part of Fresno County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Squaw Valley, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$1,912
$1,806
Ownwell’s Squaw Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Squaw Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Squaw 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 Squaw Valley, California
Property taxes in Squaw Valley, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Squaw Valley is 1.13%, significantly higher than the U.S. national median of 0.99%. Local government entities within Squaw Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Squaw 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 Squaw Valley's effective property tax rate to other counties in California and the national median. For comparison, the 93675 zip code has the highest median property tax rate of 1.13%, while the same zip code also has the lowest median tax rate of 1.13%. Understanding how these cities compare with Squaw Valley provides valuable insights into the varying tax landscape across Fresno County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Squaw Valley Tax Rate
1.13%
Average Fresno County Tax Rate
1.22%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Squaw Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93675 | 0.98% | 1.07% | 1.13% | 1.19% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Squaw Valley, California
In Squaw 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 Fresno County Assessor's Office 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 Squaw 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. For example, the highest median tax bill in the area is $1,857, found in zip code 93675. 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 Squaw Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Squaw Valley, California
Source: Ownwell
$35,234
$252,720
$470,206
Average Squaw Valley Assessed Value
$169,228
Average Fresno County Assessed Value
$220,090
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Squaw Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93675 | $59,025 | $95,658 | $169,228 | $254,334 | $326,880 |
Source: Ownwell
Property Tax Bills Across Squaw Valley, California
Property tax bills in Squaw Valley, located in Fresno County, CA, are calculated based on the assessed value of a property. The assessed value is determined by the county assessor and is often a percentage of the property's market value. For example, with a median home price of $169,228 in Squaw Valley, homeowners can expect their property tax bill to vary significantly. Several factors influence the final tax bill, including the property's assessed value and the local tax rate. In Squaw Valley, tax bills can range widely, with the 25th percentile tax bill at $1,072 and the 75th percentile reaching $2,763. The highest median tax bill recorded is $1,857, which is higher than the national median property tax rate of 0.99%. These property taxes fund essential local services such as schools, infrastructure, and emergency services, directly impacting homeowners by contributing to the overall quality of life in the community. Understanding these factors can help homeowners anticipate their annual tax obligations and plan accordingly.
Average Squaw Valley Tax Bill
$1,857
Average Fresno County Tax Bill
$2,693
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Squaw Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93675 | $677 | $1,072 | $1,857 | $2,763 | $3,543 |
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 | |
|---|---|
| Fresno Tax Assessor | |
| Website | www.co.fresno.ca.us |