Susanville, California Property Taxes
The median property tax rate in Susanville, CA is 1.04%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Susanville at $163,978, the typical annual property tax bill amounts to $1,711, which is significantly below the national median of $2,690. Property taxes in Susanville are calculated based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Susanville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Susanville or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Susanville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$1,705
$1,583
Ownwell’s Susanville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Susanville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Susanville 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 Susanville, California
Property taxes in Susanville, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Susanville is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Susanville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Susanville 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 Susanville's effective property tax rate to other areas and the national median. For comparison, the zip code 96130 has the highest and lowest median property tax rate of 1.04%. Understanding how these areas compare with Susanville 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 Susanville Tax Rate
1.04%
Average Lassen County Tax Rate
1.02%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Susanville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96114 | N/A | N/A | N/A | N/A | N/A |
| 96130 | 0.97% | 1.00% | 1.04% | 1.07% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Susanville, California
In Susanville, 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 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 Susanville, 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 Susanville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Susanville are both $1711, found in the 96130 zip code.
Average Susanville Assessed Value
$163,978
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 Susanville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96114 | N/A | N/A | N/A | N/A | N/A |
| 96130 | $51,500 | $98,549 | $163,978 | $240,332 | $323,669 |
Source: Ownwell
Property Tax Bills Across Susanville, California
In Susanville, located in Lassen County, CA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is typically a percentage of the property's market value. The property tax rate is then applied to this assessed value to determine the annual tax bill. For homeowners in Susanville, this means that the median home price of $163,978 plays a significant role in their tax calculations. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. For instance, the 25th percentile tax bill is around $1,021, while the 75th percentile tax bill reaches up to $2,498, and the 90th percentile tax bill can be as high as $3,306. These variations highlight how different factors can significantly impact what homeowners owe annually. Compared to the national median property tax rate of 0.99%, Susanville's tax bills reflect the local market and assessment practices, ultimately affecting homeowners' financial planning and budgeting.
Average Susanville Tax Bill
$1,711
Average Lassen County Tax Bill
$1,486
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Susanville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96114 | N/A | N/A | N/A | N/A | N/A |
| 96130 | $552 | $1,022 | $1,711 | $2,498 | $3,306 |
Source: Ownwell