Johnstonville, California Property Taxes
The median property tax rate in Johnstonville, CA is 0.98%, slightly below the national median of 0.99% and considerably lower than California's state median of 1.21%. With a median home value of $225,416, the typical annual property tax bill in Johnstonville is $2,013, which is less than the national median of $2,690. Property taxes here are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Johnstonville'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 Johnstonville 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
Johnstonville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$2,209
$2,086
Ownwell’s Johnstonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Johnstonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Johnstonville 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 Johnstonville, California
Property taxes in Johnstonville, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Johnstonville is 0.98%, slightly lower than the U.S. national median of 0.99%. Local government entities within Johnstonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Johnstonville 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 Johnstonville's effective property tax rate to other areas in California and the national median. For comparison, the 96130 zip code has both the highest and lowest median property tax rate of 0.98%. Understanding how these areas compare with Johnstonville 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 Johnstonville Tax Rate
0.98%
Average Lassen County Tax Rate
1.02%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Johnstonville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96130 | 0.97% | 0.97% | 0.98% | 1.01% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Johnstonville, California
In Johnstonville, 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 Assessor's Office 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 Johnstonville, 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 Johnstonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Johnstonville is $225,416, with tax bills ranging from $794 at the 25th percentile to $3,835 at the 90th percentile. The zip code 96130 has the highest median tax bill of $2,013.
Property Tax Assessment Values Across Johnstonville, California
Source: Ownwell
$10,933
$174,045
$337,156
Average Johnstonville Assessed Value
$225,416
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 Johnstonville, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96130 | $56,731 | $111,272 | $225,416 | $318,658 | $390,231 |
Source: Ownwell
Property Tax Bills Across Johnstonville, California
Property tax bills in Johnstonville, located in Lassen County, CA, are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and generally reflects the market value of the home. For a median home price of $225,416, homeowners can expect a range of tax bills depending on their property's specific assessed value and any applicable exemptions. Several factors influence the final tax bill, including the property's location, any improvements made, and local tax rates. In Johnstonville, the tax bills can vary significantly, with the 25th percentile at $794, the 75th percentile at $2,984, and the 90th percentile reaching up to $3,835. This variation is influenced by the specific characteristics and assessed values of individual properties. Compared to the national median property tax rate of 0.99%, Johnstonville’s tax rates can have a substantial impact on homeowners. Higher property taxes can affect household budgets and overall affordability, making it essential for homeowners to understand their tax obligations and explore any available exemptions to potentially lower their tax bills.
Average Johnstonville Tax Bill
$2,013
Average Lassen County Tax Bill
$1,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Johnstonville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96130 | $591 | $794 | $2,013 | $2,984 | $3,835 |
Source: Ownwell