Scotia, California Property Taxes
The median property tax rate in Scotia, CA is 1.05%, slightly higher than the national median of 0.99% but below California's state median of 1.21%. With a median home value of $223,100, the typical annual property tax bill in Scotia reaches $2,335, which is under the national median of $2,690. Property taxes in Scotia are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Scotia'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 Scotia 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
Scotia, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$2,343
$2,174
Ownwell’s Scotia Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Scotia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Scotia to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities, ensuring you are well-prepared for any financial obligations. For those curious about neighborhood-level trends, scroll down to discover more localized information. Your property's assessed value is determined by the county for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Scotia, California
Property taxes in Scotia, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Scotia is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within Scotia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Scotia 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 Scotia's effective property tax rate to other areas in Humboldt County and the national median. For comparison, the zip code 95565 has both the highest and lowest median property tax rate of 1.05%. Understanding how these areas compare with Scotia 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 Scotia Tax Rate
1.05%
Average Humboldt County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Scotia, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95565 | 1.02% | 1.03% | 1.05% | 1.08% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Scotia, California
In Scotia, 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 Scotia, 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 Scotia is $223,100, with tax bills ranging from $1,533 at the 25th percentile to $3,390 at the 90th percentile. The highest and lowest median tax bills are both $2,335, found in the 95565 zip code. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Scotia Assessed Value
$223,100
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 Scotia, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95565 | $59,717 | $152,490 | $223,100 | $273,407 | $328,216 |
Source: Ownwell
Property Tax Bills Across Scotia, California
In Scotia, located in Humboldt County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value typically starts with the market value of the property at the time of purchase and may be adjusted annually for inflation, not exceeding 2% per year. This value is then multiplied by the local tax rate to determine the tax bill. For homeowners in Scotia, the median home price is $223,100. Property tax bills can vary significantly, with the 25th percentile tax bill at $1,533 and the 75th percentile at $2,875. The highest median tax bill in the area is $2,335, found in the 95565 zip code. Compared to the national median property tax rate of 0.99%, homeowners in Scotia may experience different financial impacts depending on their property's assessed value and the specific tax rate applied. Understanding these factors is crucial for homeowners to anticipate their annual property tax obligations and plan their finances accordingly.
Average Scotia Tax Bill
$2,335
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Scotia, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95565 | $628 | $1,533 | $2,335 | $2,875 | $3,390 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
---|
Links | |
---|---|
Humboldt Tax Assessor | |
Website | common1.mptsweb.com |