Cobb, Lake County, California Property Taxes

Name: Property Tax Bills Across Cobb, Lake County, California
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Cobb, CA effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Cobb, CA home value: $170,426
Median annual Cobb, CA tax bill: $2,094, $306 lower than the national median property tax bill of $2,400.

How are property taxes in Lake calculated?

Property taxes in Cobb, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Cobb’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cobb, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cobb, Lake County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.26%

Estimate Property Tax Bill

$2,147

$1,993

Ownwell’s Cobb Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cobb with just two data points. By entering your property's estimated assessed value, our calculator applies Cobb’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lake. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cobb, Lake County, California

Local government entities are responsible for setting property tax rates, which can differ significantly across a state due to varying budgetary needs. Each year, counties calculate their required budget to fund essential services and divide this by the total assessed value of all taxable property within their jurisdiction. This process determines the property tax rate. Although votes and legislation play a role in shaping these rates and budgets, the annual process remains consistent.

In Cobb, located in Lake County, California, you can see how the effective property tax rate compares to other cities within the state and the national median. The median property tax rate in California is 1.26%, which is higher than the national median of 1.02%. This places California among the states with higher property tax rates, reflecting the diverse economic and infrastructural needs of its regions. Understanding these rates is crucial for property owners aiming to manage their tax liabilities effectively. By staying informed, property owners can better anticipate their financial obligations and explore potential avenues for appeals or exemptions.

Property Tax Rates Across Cobb, Lake County, California

Source: Ownwell

1.10%

1.19%

1.27%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Cobb Tax Rate

1.26%

Median Effective Lake County Tax Rate

1.19%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cobb, Lake County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
95426	1.18%	1.20%	1.26%	1.53%	1.89%

Source: Ownwell

Property Tax Assessment Values Across Cobb, Lake County, California

When examining property taxes in Cobb, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lake County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Lake County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cobb.

For example, the median home price in Cobb is $170,426, with tax bills ranging significantly across the county. 95426 has the highest median home price at $170,426.

Property Tax Assessment Values Across Cobb, Lake County, California

Source: Ownwell

$103,004

$199,254

$295,503

Median Cobb Market Value

$170,426

Median Lake County Market Value

$206,366

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cobb, Lake County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
95426	$26,513	$51,672	$170,426	$283,869	$379,212

Source: Ownwell

Property Tax Bills Across Cobb, Lake County, California

In Cobb, property tax bills are determined by assessing the value of the property and applying the relevant tax rate. The assessed value is a percentage of the market value, and local authorities use this to calculate the tax owed. Factors such as location, property type, and market conditions influence the assessed value. In Cobb, homeowners typically face a median property tax bill of $2,094, which is below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $780 and the 90th percentile reaching $4,446. These variations can impact homeowners' budgets, making it essential to ensure fair assessments. Ownwell assists homeowners by providing property tax appeal services, potentially reducing their tax burden. By analyzing property values and ensuring accurate assessments, Ownwell helps clients achieve significant savings. This professional support can be crucial in managing and lowering property tax expenses, offering peace of mind and financial relief for homeowners in Cobb.

Property Tax Bills Across Cobb, Lake County, California

Source: Ownwell

$1,306

$2,466

$3,625

Median Cobb Tax Bill

$2,094

Median Lake County Tax Bill

$2,425

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Cobb, Lake County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
95426	$495	$780	$2,094	$3,389	$4,446

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
Lake Tax Assessor
Website	common2.mptsweb.com