Groveland, California Property Taxes
The median property tax rate in Groveland, CA is 1.01%, slightly higher than the national median of 0.99% but lower than California's state median of 1.21%. With the median home value in Groveland, the typical annual property tax bill reaches $2,426, which is below the national median of $2,690. Property taxes in Groveland 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 Groveland'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 Groveland 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
Groveland, 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 Groveland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Groveland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Groveland 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 Groveland, California
Property taxes in Groveland, California, are crucial for funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Groveland is 1.01%, slightly higher than the U.S. national median of 0.99%. Local government entities within Groveland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Groveland 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 Groveland's effective property tax rate to other areas within Mariposa County and the national median. For comparison, the 95321 zip code has the highest median property tax rate of 1.01%, while the same zip code also has the lowest median tax rate of 1.01%. Understanding how these figures compare with Groveland provides valuable insights into the varying tax landscape across Mariposa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Groveland Tax Rate
1.01%
Average Mariposa County Tax Rate
1.02%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Groveland, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95321 | 0.96% | 0.98% | 1.01% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Groveland, California
In Groveland, 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 Mariposa 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 Groveland, 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 Groveland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,426, found in the 95321 zip code.
Average Groveland Assessed Value
$222,558
Average Mariposa County Assessed Value
$200,834
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Groveland, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95321 | $76,844 | $118,896 | $222,558 | $376,445 | $757,977 |
Source: Ownwell
Property Tax Bills Across Groveland, California
Property tax bills in Groveland, located in Mariposa County, CA, are calculated based on the assessed value of a property, which is determined by the Mariposa County Assessor's Office. This assessed value typically reflects the market value of the property. Homeowners in Groveland face a median property tax bill of $2,426, which aligns with the median tax bill across the county. The tax bill can vary significantly, with the 25th percentile at $1,560 and the 75th percentile reaching $4,167, indicating a wide range of property values and corresponding tax burdens in the area. Factors influencing the tax bill include the property's assessed value and any applicable exemptions or deductions. For instance, properties with higher assessed values will naturally incur higher tax bills. Additionally, local tax rates and voter-approved measures can impact the overall amount owed. These property taxes are crucial for funding public services such as schools, infrastructure, and emergency services, thus directly affecting the quality of life for Groveland residents.
Average Groveland Tax Bill
$2,426
Average Mariposa County Tax Bill
$1,990
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Groveland, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95321 | $791 | $1,560 | $2,426 | $4,167 | $8,016 |
Source: Ownwell