Laytonville, California Property Taxes
The median property tax rate in Laytonville, CA is 1.16%, which is higher than the national median of 0.99% but slightly lower than the California state median of 1.21%. With the median home value in Laytonville at $178,097, the typical annual property tax bill reaches $1,978, falling below the national median of $2,690. Property taxes in Laytonville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Laytonville'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 Laytonville 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
Laytonville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$2,066
$1,917
Ownwell’s Laytonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Laytonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Laytonville 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 Laytonville, California
Property taxes in Laytonville, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Laytonville is 1.16%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Laytonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Laytonville 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 Laytonville's effective property tax rate to other areas in Mendocino County and the national median. For comparison, the 95417 zip code has the highest median property tax rate of 1.26%, while the 95428 zip code has the lowest median tax rate of 1.14%. Understanding how these areas compare with Laytonville provides valuable insights into the varying tax landscape across Mendocino County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Laytonville Tax Rate
1.16%
Average Mendocino County Tax Rate
1.19%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Laytonville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95417 | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% |
95428 | 1.14% | 1.14% | 1.14% | 1.14% | 1.14% |
95454 | 1.11% | 1.14% | 1.15% | 1.18% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Laytonville, California
In Laytonville, 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 Mendocino 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 Laytonville, 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. Laytonville's property taxes can vary significantly, with the highest median tax bill recorded at $1,988 in the 95454 zip code, while the lowest is $490 in the 95428 zip code. 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 Laytonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Laytonville Assessed Value
$178,097
Average Mendocino County Assessed Value
$243,778
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Laytonville, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95417 | $75,331 | $75,331 | $75,331 | $75,331 | $75,331 |
95428 | $43,093 | $43,093 | $43,093 | $43,093 | $43,093 |
95454 | $37,772 | $84,913 | $178,698 | $303,410 | $426,640 |
Source: Ownwell
Property Tax Bills Across Laytonville, California
In Laytonville, property tax bills are calculated based on the assessed value of a property, which is determined by the Mendocino County Assessor’s Office. The assessed value is typically a percentage of the property's market value. Homeowners in Laytonville experience a range of property tax bills, influenced by the assessed value and the local tax rate. For instance, the median home price in Laytonville is $178,097, and the property tax rate in California is around 0.74%, lower than the national median of 0.99%. Homeowners in Laytonville can expect tax bills to vary significantly. The 25th percentile tax bill is around $957, while the 75th percentile reaches $3,392, and the 90th percentile can be as high as $4,877. The highest median tax bill in the region is $1,988 in zip code 95454, whereas the lowest is $490 in zip code 95428. These variations highlight the importance of property assessments and local tax rates in determining the financial impact on homeowners.
Average Laytonville Tax Bill
$1,978
Average Mendocino County Tax Bill
$2,875
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Laytonville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95417 | $947 | $947 | $947 | $947 | $947 |
95428 | $490 | $490 | $490 | $490 | $490 |
95454 | $438 | $960 | $1,988 | $3,398 | $4,876 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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Mendocino Tax Assessor | |
Website | ca-mendocino.publicaccessnow.com |