Glenn, California Property Taxes
The median property tax rate in Glenn, CA is 1.06%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Glenn, the typical annual property tax bill is $1,185, falling below the national median of $2,690. Property taxes in Glenn are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Glenn'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 Glenn 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
Glenn, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$1,387
$1,288
Ownwell’s Glenn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glenn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glenn 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 Glenn, California
Property taxes in Glenn, California, are essential in funding key local services such as public schools, road maintenance, and emergency services. The median tax rate in Glenn is 1.06%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Glenn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glenn 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 Glenn's effective property tax rate to other counties in California and the national median. For comparison, the 95943 zip code has the highest median property tax rate of 1.06%, while the 95979 zip code has the lowest median tax rate of 0.88%. Understanding how these cities compare with Glenn provides valuable insights into the varying tax landscape across Glenn County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glenn Tax Rate
1.06%
Average Glenn County Tax Rate
1.12%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glenn, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95943 | 0.94% | 1.02% | 1.06% | 1.13% | 1.34% |
| 95979 | 0.88% | 0.88% | 0.88% | 0.88% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Glenn, California
In Glenn, 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 Glenn 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 Glenn, 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. For example, the highest median tax bill in Glenn is $1,219 in the 95943 zip code, while the lowest is $203 in the 95979 zip code. Being aware of these valuation processes in Glenn helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Glenn Assessed Value
$130,890
Average Glenn County Assessed Value
$154,800
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glenn, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95943 | $20,872 | $46,012 | $132,480 | $220,652 | $357,429 |
| 95979 | $23,032 | $23,032 | $23,032 | $23,032 | $23,032 |
Source: Ownwell
Property Tax Bills Across Glenn, California
In Glenn, CA, property tax bills are calculated based on the assessed value of your home. The assessed value is typically a percentage of the market value, which is determined by the county assessor. Factors such as property location, size, and improvements can influence this value. The median home price in Glenn is $130,890, which serves as a baseline for many homeowners. Homeowners in Glenn can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is around $476, while the 75th percentile tax bill can reach up to $2,267. At the 90th percentile, tax bills can soar to $3,711. The highest median tax bill in Glenn is $1,219 in the 95943 zip code, whereas the lowest is $203 in the 95979 zip code. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. Understanding how these taxes are calculated can help homeowners budget effectively and anticipate their annual financial obligations.
Average Glenn Tax Bill
$1,185
Average Glenn County Tax Bill
$1,881
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Glenn, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95943 | $253 | $494 | $1,219 | $2,282 | $3,718 |
| 95979 | $203 | $203 | $203 | $203 | $203 |
Source: Ownwell