Spaulding, California Property Taxes
The median property tax rate in Spaulding, CA is 1.58%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Spaulding, the typical annual property tax bill reaches $1,222, exceeding the national median of $2,690. Property taxes in Spaulding are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Spaulding'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 Spaulding 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
Spaulding, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Spaulding Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Spaulding with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Spaulding 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 Spaulding, California
Property taxes in Spaulding, California, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Spaulding is 0.74%, which is lower than both the California state median of 0.76% and the U.S. national median of 0.99%. Local government entities within Spaulding set these rates annually, and they can vary significantly across different neighborhoods. Each year, Spaulding 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 Spaulding's effective property tax rate to other counties in California and the national median. For comparison, the 96130 zip code has the highest median property tax rate of 0.74%, while the same zip code also has the lowest median tax rate of 0.74%. Understanding how these cities compare with Spaulding 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 Spaulding Tax Rate
1.58%
Average Lassen County Tax Rate
1.02%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Spaulding, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96130 | 1.09% | 1.38% | 1.58% | 2.65% | 3.26% |
Source: Ownwell
Property Tax Assessment Values Across Spaulding, California
In Spaulding, 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 Lassen County 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 Spaulding, 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. Spaulding's median home price stands at $68,924, with tax bills ranging from $907 at the 25th percentile to $2,690 at the 90th percentile. The highest and lowest median tax bills are both $1,222, found in zip code 96130. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Spaulding Assessed Value
$68,924
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 Spaulding, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96130 | $26,214 | $33,033 | $68,924 | $152,318 | $200,600 |
Source: Ownwell
Property Tax Bills Across Spaulding, California
Property tax bills in Spaulding, located in Lassen County, CA, are calculated based on the assessed value of a property, which typically aligns closely with its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Spaulding's property tax rate is influenced by various factors, including local government budgets and voter-approved measures. For homeowners in Spaulding, the median home price stands at $68,924. Property tax bills can vary significantly, with the 25th percentile at $907 and the 75th percentile reaching $2,195. Those in the 90th percentile see tax bills as high as $2,690. Comparatively, the national median property tax rate is 0.99%, putting Spaulding's tax rates in perspective. These property taxes fund essential services such as public schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Therefore, understanding how these taxes are calculated can help homeowners better manage their finances and anticipate future expenses.
Average Spaulding Tax Bill
$1,222
Average Lassen County Tax Bill
$1,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Spaulding, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96130 | $734 | $907 | $1,222 | $2,195 | $2,690 |
Source: Ownwell