Redcrest, California Property Taxes
The median property tax rate in Redcrest, CA is 1.07%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $155,576 in Redcrest, the typical annual property tax bill amounts to $1,712, which is below the national median of $2,690. Property taxes in Redcrest are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Redcrest'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 Redcrest or another part of Humboldt County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Redcrest, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$1,665
$1,545
Ownwell’s Redcrest Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Redcrest with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Redcrest 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 Redcrest, California
Property taxes in Redcrest, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Redcrest is 1.07%, which is considerably higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Redcrest set these rates annually, and they can vary significantly across different neighborhoods. Each year, Redcrest 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 Redcrest's effective property tax rate to other areas in California and the national median. For comparison, the zip code 95569 has the highest median property tax rate of 1.07%, while the same zip code also represents the lowest median tax rate of 1.07%. Understanding how these areas compare with Redcrest 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 Redcrest Tax Rate
1.07%
Average Humboldt County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Redcrest, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95569 | 1.03% | 1.04% | 1.07% | 1.12% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Redcrest, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Redcrest, 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'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 Redcrest, 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. Being aware of these valuation processes in Redcrest helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 95569, with a median tax bill of $1712.
Average Redcrest Assessed Value
$155,576
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 Redcrest, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95569 | $56,157 | $94,396 | $155,576 | $284,526 | $382,721 |
Source: Ownwell
Property Tax Bills Across Redcrest, California
In Redcrest, located in Humboldt County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This assessed value is typically a percentage of the property's market value. In California, the property tax rate is around 1%, closely aligned with the national median property tax rate of 0.99%. Homeowners in Redcrest can expect their tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $1,083, while at the 75th percentile, it reaches $3,006. At the 90th percentile, it can go up to $3,945. The median home price in Redcrest is $155,576, and the highest and lowest median tax bills in the area are both $1,712, specifically in the 95569 zip code. These property taxes fund essential local services such as schools, public safety, and infrastructure. High property taxes can impact homeowners by increasing their overall housing costs, while lower taxes can make homeownership more affordable.
Average Redcrest Tax Bill
$1,712
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Redcrest, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95569 | $591 | $1,083 | $1,712 | $3,006 | $3,945 |
Source: Ownwell
Don't miss the deadline to appeal!
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Humboldt Tax Assessor | |
Website | common1.mptsweb.com |