Kneeland, California Property Taxes
The median property tax rate in Kneeland, CA is 1.10%, which is significantly higher than the national median of 0.99% and slightly lower than the California state median of 1.21%. With a median home value of $350,000 in Kneeland, the typical annual property tax bill amounts to $3,782, surpassing the national median of $2,690. Property taxes in Kneeland are determined based on the tax assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Gaining a comprehensive understanding of Kneeland's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to considerable annual savings. Whether you're in the heart of Kneeland or another part of Humboldt County, knowing the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kneeland, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$3,850
$3,573
Ownwell’s Kneeland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kneeland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kneeland 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 Kneeland, California
Property taxes in Kneeland, California, are essential in funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Kneeland is 1.10%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Kneeland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kneeland 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 Kneeland's effective property tax rate to other counties in California and the national median. For comparison, the 95549 zip code has the highest median property tax rate of 1.10%, while the same zip code also has the lowest median tax rate of 1.10%. Understanding how these areas compare with Kneeland 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 Kneeland Tax Rate
1.10%
Average Humboldt County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kneeland, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95549 | 1.05% | 1.07% | 1.10% | 1.11% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Kneeland, California
In Kneeland, 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 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 Kneeland, 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 zip code 95549 in Kneeland has the highest median tax bill at $3,782. By being aware of these valuation processes, property owners can identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kneeland Assessed Value
$350,000
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 Kneeland, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95549 | $117,327 | $222,907 | $350,000 | $475,000 | $624,330 |
Source: Ownwell
Property Tax Bills Across Kneeland, California
In Kneeland, Humboldt County, CA, property tax bills are calculated based on the assessed value of your home, which is typically determined by the county assessor's office. This assessed value is then multiplied by the local tax rate, which, in Kneeland, is influenced by various factors including local government budgets and voter-approved measures. Homeowners in Kneeland experience a range of property tax bills. At the 25th percentile, tax bills are around $2,412, while those at the 75th percentile can reach up to $5,207. The 90th percentile sees tax bills as high as $6,838. The median property tax bill in the area is $3,782, which is notably higher than the national median property tax rate of 0.99%. These property taxes fund essential public services such as schools, roads, and emergency services, directly impacting the quality of life for Kneeland residents. Homeowners need to budget accordingly to accommodate these costs, which can vary significantly based on the assessed value of their property.
Average Kneeland Tax Bill
$3,782
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Kneeland, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95549 | $1,275 | $2,412 | $3,782 | $5,207 | $6,838 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
---|
Links | |
---|---|
Humboldt Tax Assessor | |
Website | common1.mptsweb.com |