Carlotta, California Property Taxes
The median property tax rate in Carlotta, CA is 1.02%, 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 Carlotta at $206,442, the typical annual property tax bill is about $2,067, which is below the national median of $2,690. Property taxes in Carlotta are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Carlotta'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 Carlotta or another part of Humboldt County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Carlotta, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$2,106
$1,954
Ownwell’s Carlotta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carlotta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carlotta 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 Carlotta, California
Property taxes in Carlotta, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carlotta is 1.02%, slightly higher than the U.S. national median of 0.99%. Local government entities within Carlotta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carlotta 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 Carlotta's effective property tax rate to other counties in California and the national median. For comparison, the 95528 zip code has the highest median property tax rate of 1.02%, while the same 95528 zip code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Carlotta provides valuable insights into the varying tax landscape across Humboldt County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carlotta Tax Rate
1.02%
Average Humboldt County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carlotta, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95528 | 0.97% | 0.99% | 1.02% | 1.04% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Carlotta, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Carlotta, California. 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 Humboldt 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 Carlotta, 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 instance, the median home price in Carlotta is $206,442, with tax bills ranging from $1,141 at the 25th percentile to $4,567 at the 90th percentile. The highest and lowest median tax bills in the area are both $2,067, found in the zip code 95528. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Carlotta Assessed Value
$206,442
Average Humboldt County Assessed Value
$227,816
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carlotta, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95528 | $63,548 | $111,709 | $206,442 | $341,481 | $450,309 |
Source: Ownwell
Property Tax Bills Across Carlotta, California
In Carlotta, property tax bills are calculated based on the assessed value of a home, which is determined by the Humboldt County Assessor's Office. The assessed value is typically a percentage of the property's market value. Local tax rates are then applied to this assessed value to calculate the tax bill. Various factors, including property size, location, and any improvements or renovations, can influence the assessed value. For homeowners in Carlotta, the median home price stands at $206,442, with tax bills ranging from the 25th percentile at $1,141 to the 75th percentile at $3,410. The 90th percentile tax bill reaches up to $4,567. The highest and lowest median tax bills in Carlotta are both $2,067, reflecting the unique characteristics of properties within the same ZIP code. Compared to the national median property tax rate of 0.99%, Carlotta's tax rates can vary significantly, impacting homeowners' annual financial planning. Understanding these factors helps homeowners anticipate their property tax obligations more accurately.
Average Carlotta Tax Bill
$2,067
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Carlotta, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95528 | $665 | $1,141 | $2,067 | $3,410 | $4,567 |
Source: Ownwell
Don't miss the deadline to appeal!
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Humboldt Tax Assessor | |
Website | common1.mptsweb.com |