Shelter Cove, California Property Taxes
The median property tax rate in Shelter Cove, CA is 1.21%, aligning with the state median but significantly higher than the national median of 0.99%. With the median home value in Shelter Cove at $295,315, the typical annual property tax bill reaches $3,567, surpassing the national median of $2,690. Property taxes in Shelter Cove are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Shelter Cove'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 Shelter Cove 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
Shelter Cove, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$3,573
$3,375
Ownwell’s Shelter Cove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shelter Cove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shelter Cove 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 Shelter Cove, California
Property taxes in Shelter Cove, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shelter Cove is 1.21%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Shelter Cove set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shelter Cove 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 Shelter Cove's effective property tax rate to other counties in California and the national median. For comparison, the 95589 zip code has the highest median property tax rate of 1.21%, while the same 95589 zip code also has the lowest median tax rate of 1.21%. Understanding how these cities compare with Shelter Cove 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 Shelter Cove Tax Rate
1.21%
Average Humboldt County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shelter Cove, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95589 | 1.17% | 1.18% | 1.21% | 1.23% | 4.72% |
Source: Ownwell
Property Tax Assessment Values Across Shelter Cove, California
In Shelter Cove, 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 Shelter Cove, 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 Shelter Cove helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, Shelter Cove's ZIP code 95589 has a median tax bill of $3,567, which is significant for the area.
Property Tax Assessment Values Across Shelter Cove, California
Source: Ownwell
$21,799
$214,815
$407,830
Average Shelter Cove Assessed Value
$295,315
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 Shelter Cove, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95589 | $82,157 | $215,481 | $295,315 | $354,710 | $424,613 |
Source: Ownwell
Property Tax Bills Across Shelter Cove, California
In Shelter Cove, property tax bills are determined by the assessed value of a home, which is typically based on its market value. Homeowners in Humboldt County can expect their property taxes to fall within a certain range. For instance, the 25th percentile of tax bills is around $2,653, while the 75th percentile reaches up to $4,218. The 90th percentile can see tax bills as high as $4,984. The median home price in Shelter Cove is $295,315, which influences the overall tax bill. The property tax rate in Shelter Cove is influenced by various factors, including local government budgets, school funding needs, and public service requirements. Homeowners should be aware that these taxes are essential for maintaining community services but can also significantly impact their annual expenses. Compared to the national median property tax rate of 0.99%, Shelter Cove's rates can be seen as relatively high, reflecting the specific needs and valuations within the community.
Average Shelter Cove Tax Bill
$3,567
Average Humboldt County Tax Bill
$2,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Shelter Cove, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95589 | $1,235 | $2,653 | $3,567 | $4,218 | $4,984 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Humboldt Tax Assessor | |
| Website | common1.mptsweb.com |