Lake Forest, Lassen County, California Property Taxes

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

Median Lake Forest, CA effective property tax rate: 1.03%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Lake Forest, CA home value: $167,295
Median annual Lake Forest, CA tax bill: $1,675, $725 lower than the national median property tax bill of $2,400.

How are property taxes in Lassen calculated?

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

Last Updated March 1, 2025

Lake Forest, Lassen County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.03%

Estimate Property Tax Bill

$1,723

$1,599

Ownwell’s Lake Forest Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lake Forest with just two data points.

By entering your property's estimated assessed value, our calculator applies Lake Forest’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 Lassen County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lake Forest, Lassen County, California

Local government entities in California determine property tax rates, which can significantly differ across the state. This variation arises because each county annually estimates the budget needed to provide essential services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the basic annual process. In Lake Forest, located in Orange County, the effective property tax rate is 0.71%, which is lower than the state median of 0.76% and the national median of 1.02%. With a median property tax bill of $4,901, Lake Forest's property owners pay more than the national median of $2,400. Although Lake Forest's rate is below the state average, the tax bill remains high due to the area's elevated property values. Comparing these figures provides insight into how Lake Forest stands in relation to other cities in California and across the United States.

Property Tax Rates Across Lake Forest, Lassen County, California

Source: Ownwell

0.98%

1.28%

1.58%

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 Forest Tax Rate

1.03%

Median Effective Lassen County Tax Rate

1.02%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lake Forest, Lassen County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
96130	1.00%	1.01%	1.03%	1.05%	1.05%

Source: Ownwell

Property Tax Assessment Values Across Lake Forest, Lassen County, California

When examining property taxes in Lake Forest, 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 Lassen County Assessor's Office 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 Lassen 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 Lake Forest.

For example, the median home price in Lake Forest is $167,295, with tax bills ranging significantly across the county. Zip code 96130 has the highest median home price at $167,295.

Property Tax Assessment Values Across Lake Forest, Lassen County, California

Source: Ownwell

$41,032

$189,094

$337,156

Median Lake Forest Market Value

$167,295

Median Lassen County Market Value

$145,778

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lake Forest, Lassen County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
96130	$88,305	$144,168	$167,295	$369,640	$462,818

Source: Ownwell

Property Tax Bills Across Lake Forest, Lassen County, California

In Lake Forest, CA, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. This value typically reflects the market value of the property at the time of purchase. The property tax rate in Lake Forest is applied to this assessed value to determine the annual tax bill. Factors such as local tax levies and voter-approved measures can influence the total amount due. Homeowners in Lake Forest often face property tax bills that vary significantly, with the 25th percentile at $1,466 and the 75th percentile reaching $3,826. This demonstrates the variability in tax burdens across different properties. Despite a median home price of $167,295, the property tax bill can differ based on neighborhood and home value changes.

Ownwell can assist homeowners in Lake Forest by reviewing their property assessments to ensure accuracy, identifying potential exemptions, and filing appeals if the assessed value seems excessive. By leveraging expert knowledge, Ownwell helps homeowners potentially reduce their property tax bills, providing financial relief and peace of mind.

Property Tax Bills Across Lake Forest, Lassen County, California

Source: Ownwell

$390

$2,003

$3,615

Median Lake Forest Tax Bill

$1,675

Median Lassen County Tax Bill

$1,486

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Lake Forest, Lassen County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
96130	$928	$1,466	$1,675	$3,826	$4,811

Source: Ownwell