Mckinleyville, California Property Taxes
The median property tax rate in McKinleyville, CA is 1.14%, which is considerably higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in McKinleyville at $277,988, the typical annual property tax bill reaches $3,112, exceeding the national median of $2,690. Property taxes in McKinleyville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding McKinleyville'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 McKinleyville 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
Mckinleyville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$3,169
$2,941
Ownwell’s MCKINLEYVILLE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MCKINLEYVILLE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MCKINLEYVILLE 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 Mckinleyville, California
Property taxes in McKinleyville, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in McKinleyville is 1.14%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within McKinleyville set these rates annually, and they can vary significantly across different neighborhoods. Each year, McKinleyville 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 McKinleyville's effective property tax rate to other counties in California and the national median. For comparison, the 95519 zip code has the highest median property tax rate of 1.14%, while the 95519 zip code also has the lowest median tax rate of 1.14%. Understanding how these cities compare with McKinleyville 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 Mckinleyville Tax Rate
1.14%
Average Humboldt County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mckinleyville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95519 | 1.06% | 1.11% | 1.14% | 1.18% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Mckinleyville, California
In McKinleyville, 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'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 McKinleyville, 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. The median home price in McKinleyville stands at $277,988, with annual tax bills ranging from $1,819 at the 25th percentile to $5,753 at the 90th percentile. The highest and lowest median tax bills both fall in the 95519 zip code, each at $3,112. By understanding 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 McKinleyville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Mckinleyville, California
Source: Ownwell
$21,799
$214,815
$407,830
Average Mckinleyville Assessed Value
$277,988
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 Mckinleyville, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95519 | $79,749 | $161,430 | $277,988 | $386,900 | $520,014 |
Source: Ownwell
Property Tax Bills Across Mckinleyville, California
In McKinleyville, located in Humboldt County, CA, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. Factors such as the property's location, size, and any improvements can influence this assessment. For homeowners in McKinleyville, the property tax bill can vary significantly. At the 25th percentile, homeowners might see a tax bill of around $1,819, while those at the 75th percentile could face a bill of approximately $4,321. The 90th percentile sees even higher bills, reaching up to $5,753. These figures highlight the variability in property tax bills within the area. Compared to the national median property tax rate of 0.99%, McKinleyville's property taxes can be relatively high, which can impact homeowners' overall expenses and affordability. For those living in the 95519 zip code, the median tax bill is $3,112, reflecting the region's property values and tax rates.
Average Mckinleyville Tax Bill
$3,112
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Mckinleyville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95519 | $907 | $1,819 | $3,112 | $4,321 | $5,753 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Humboldt Tax Assessor | |
Website | common1.mptsweb.com |