Kelseyville, California Property Taxes
The median property tax rate in Kelseyville, CA is 1.10%, 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 $265,302, the typical annual property tax bill in Kelseyville reaches $2,861, surpassing the national median of $2,690. Property taxes in Kelseyville are calculated based on the tax assessed value, which generally falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Kelseyville'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 Kelseyville 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
Kelseyville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$2,918
$2,708
Ownwell’s Kelseyville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kelseyville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kelseyville 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 Kelseyville, California
Property taxes in Kelseyville, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kelseyville is 1.10%, higher than the U.S. national median of 0.99%. Local government entities within Kelseyville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kelseyville 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 Kelseyville's effective property tax rate to other regions and the national median. For comparison, the 95451 zip code has the highest median property tax rate of 1.10%, while the same zip code also has the lowest median tax rate of 1.10%. Understanding how these figures compare with Kelseyville provides valuable insights into the varying tax landscape across Lake County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kelseyville Tax Rate
1.10%
Average Lake County Tax Rate
1.19%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kelseyville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95451 | 1.06% | 1.08% | 1.10% | 1.10% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Kelseyville, California
In Kelseyville, 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 Lake 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 Kelseyville, 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 Kelseyville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median tax bill in Kelseyville's 95451 zip code is $2,861, reflecting the highest and lowest median tax bills in the area.
Average Kelseyville Assessed Value
$265,302
Average Lake County Assessed Value
$206,366
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kelseyville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95451 | $112,762 | $175,000 | $265,302 | $369,791 | $525,915 |
Source: Ownwell
Property Tax Bills Across Kelseyville, California
In Kelseyville, located in Lake County, CA, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the total tax bill. The median home price in Kelseyville is $265,302, which plays a significant role in determining the tax bill for homeowners. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. For instance, the tax bill for the 25th percentile is $1,845, while for the 75th percentile, it rises to $4,019. Homeowners in the 90th percentile can expect to pay around $5,699. The highest and lowest median tax bills in the area are both $2,861, indicating some consistency in taxation within the zip code 95451. Compared to the national median property tax rate of 0.99%, Kelseyville's property taxes are influenced by local assessments and rates, impacting homeowners' financial planning and budget.
Average Kelseyville Tax Bill
$2,861
Average Lake County Tax Bill
$2,425
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Kelseyville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95451 | $1,119 | $1,845 | $2,861 | $4,019 | $5,699 |
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 |