Richmond, Lassen County, California Property Taxes

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

Median Richmond, CA effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Richmond, CA home value: $249,268
Median annual Richmond, CA tax bill: $2,448, $48 higher than the national median property tax bill of $2,400.

How are property taxes in Lassen calculated?

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

Last Updated March 1, 2025

Richmond, Lassen County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

Estimate Property Tax Bill

$2,493

$2,313

Ownwell’s Richmond Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Richmond with just two data points. By entering your property's estimated assessed value, our calculator applies Richmond’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 Richmond, Lassen County, California

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Richmond’s effective property tax rate to other cities in California and the median property tax rates in California and the U.S. Richmond, located in Contra Costa County, has a property tax rate that is competitive when compared to the national median rate of 1.02%. The median property tax rate in California is slightly lower than the national average, which can be an attractive factor for property owners. However, it's essential to consider that while Richmond’s rate is competitive, the actual tax bill will depend on the assessed value of the property. Understanding these nuances can empower property owners to make informed decisions and potentially save on property taxes.

Property Tax Rates Across Richmond, 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 Richmond Tax Rate

1.00%

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 Richmond, Lassen County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
94801	0.98%	0.99%	1.00%	1.06%	1.15%
96130	0.98%	1.00%	1.00%	1.01%	1.05%

Source: Ownwell

Property Tax Assessment Values Across Richmond, Lassen County, California

When examining property taxes in Richmond, 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 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 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 Richmond. For example, the median home price in Richmond is $249,268, with tax bills ranging significantly across the county. Zip code 94801 has the highest median home price at $337,156.

Property Tax Assessment Values Across Richmond, Lassen County, California

Source: Ownwell

$41,032

$189,094

$337,156

Median Richmond Market Value

$249,268

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 Richmond, Lassen County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
94801	$82,404	$225,767	$337,156	$437,867	$569,362
96130	$23,392	$50,474	$142,914	$284,614	$412,186

Source: Ownwell

Property Tax Bills Across Richmond, Lassen County, California

In Richmond, CA, property tax bills are determined by assessing the property's market value and applying the local tax rate, which varies by location. For homeowners in Richmond, the median home price is $249,268, with tax bills ranging from the 25th percentile at $681 to the 90th percentile at $5,626. The highest median tax bill in the area is $3,615 in the 94801 zip code, while the lowest is $1,633 in the 96130 zip code. These figures highlight the significant variation in property taxes, influenced by factors such as property location, assessed value, and applicable exemptions. With the national median property tax rate at 1.02% and a median bill of $2,400, Richmond's tax rates can be relatively high, impacting homeowners' financial planning. Ownwell offers a solution by providing property tax appeal and exemption services, helping homeowners potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist in lowering the financial burden of property taxes, ensuring homeowners pay only their fair share.

Property Tax Bills Across Richmond, Lassen County, California

Source: Ownwell

$390

$2,003

$3,615

Median Richmond Tax Bill

$2,448

Median Lassen County Tax Bill

$1,486

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Richmond, Lassen County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
94801	$521	$1,780	$3,615	$4,027	$5,656
96130	$233	$511	$1,633	$2,966	$4,246

Source: Ownwell