Finley, Lake County, California Property Taxes
Median Finley, CA effective property tax rate: 1.18%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Finley, CA home value: $167,659
Median annual Finley, CA tax bill: $1,972, $428 lower than the national median property tax bill of $2,400.
How are property taxes in Lake County calculated?
Property taxes in Finley, 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 Finley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Finley, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Finley, Lake County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.18%
Estimate Property Tax Bill
$1,978
$1,836
Property Tax Rates Across Finley, Lake County, California
Local government entities set tax rates, which can vary widely within a state due to differences in budget requirements and property values. Each county annually estimates its budget to provide necessary services and divides that by the total value of all taxable property to determine the property tax rate. While votes and laws play a role in setting these rates, this is the basic annual process.
In Finley, located in Lake County, the effective property tax rate is 1.18%, which is above the national median of 1.02%. This rate is consistent with the highest and lowest rates in the area, both recorded in the same zip code. Compared to other cities in California, Finley's rate aligns with the state's median, reflecting the county's balanced approach to budgeting and taxation.
Property owners in Finley can benefit from understanding these rates, especially when considering the national median property tax bill of $2,400. By staying informed, residents can make more strategic decisions regarding property tax appeals and exemptions, ensuring they are not overpaying and are taking advantage of potential savings.
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 Finley Tax Rate
1.18%
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 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 Finley, Lake County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95435 | 1.07% | 1.11% | 1.18% | 1.26% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Finley, Lake County, California
When examining property taxes in Finley, 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 Appraisal District 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 April. 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 Finley. For example, the median home price in Finley is $167,659, with tax bills ranging significantly across the county. Zip code 95435 has the highest median home price at $167,659.
Property Tax Assessment Values Across Finley, Lake County, California
Source: Ownwell
$103,004
$199,254
$295,503
Median Finley Market Value
$167,659
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 Finley, Lake County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95435 | $52,707 | $113,700 | $167,659 | $273,003 | $390,055 |
Source: Ownwell
Property Tax Bills Across Finley, Lake County, California
Median Finley Tax Bill
$1,972
Median Lake County Tax Bill
$2,425
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Finley, Lake County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95435 | $789 | $1,376 | $1,972 | $3,225 | $4,455 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Lake Tax Assessor | |
| Website | common2.mptsweb.com |