Adin, California Property Taxes
The median property tax rate in Adin, CA is 1.00%, 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 $105,871, the typical annual property tax bill in Adin is $814, which is significantly below the national median of $2,690. Property taxes in Adin are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Adin'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 Adin 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
Adin, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$1,059
$982
Ownwell’s Adin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Adin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adin 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 Adin, California
Property taxes in Adin, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Adin is 1.00%, which is higher than the U.S. national median of 0.99%. Local government entities within Adin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Adin 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 Adin's effective property tax rate to other counties in California and the national median. For comparison, the 96006 zip code has the highest median property tax rate of 1.00%, while the same 96006 zip code also has the lowest median tax rate of 1.00%. Understanding how these cities compare with Adin provides valuable insights into the varying tax landscape across Lassen County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adin Tax Rate
1.00%
Average Lassen County Tax Rate
1.02%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adin, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96006 | 1.00% | 1.00% | 1.00% | 1.06% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Adin, California
In Adin, 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 Lassen County Appraisal District 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 Adin, 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 Adin is $105,871, with tax bills ranging from the 25th percentile at $466 to the 90th percentile at $2,057. The highest and lowest median tax bills are both $814 in the 96006 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Adin Assessed Value
$105,871
Average Lassen County Assessed Value
$145,778
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adin, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96006 | $61,967 | $78,431 | $105,871 | $177,522 | $220,512 |
Source: Ownwell
Property Tax Bills Across Adin, California
Property tax bills in Adin, located in Lassen County, CA, are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Adin, the median home price stands at $105,871. Property tax bills can vary significantly, with the 25th percentile at $466 and the 75th percentile at $1,412. Those in the 90th percentile face a tax bill of $2,057. The highest and lowest median tax bills in the area are both $814, indicating a relatively uniform tax landscape within the zip code 96006. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Homeowners should be aware of these factors, as they can influence both the affordability and long-term value of their property.
Average Adin Tax Bill
$814
Average Lassen County Tax Bill
$1,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Adin, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96006 | $270 | $466 | $814 | $1,412 | $2,057 |
Source: Ownwell