Piercy, California Property Taxes
The median property tax rate in Piercy, CA is 1.13%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $167,504 in Piercy, the typical annual property tax bill amounts to $1,764, which is below the national median of $2,690. Property taxes in Piercy are calculated based on the tax assessed value, often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Piercy'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 Piercy 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
Piercy, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$1,893
$1,788
Ownwell’s Piercy Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Piercy with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Piercy 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 Piercy, California
Property taxes in Piercy, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Piercy is 1.13%, which is notably higher than the U.S. national median of 0.99%. Local government entities within Piercy set these rates annually, and they can vary significantly across different neighborhoods. Each year, Piercy 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 Piercy's effective property tax rate to other counties in California and the national median. For comparison, the zip code 95587 has the highest median property tax rate of 1.13%, while the same zip code also has the lowest median tax rate of 1.13%. Understanding how these cities compare with Piercy 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 Piercy Tax Rate
1.13%
Average Mendocino County Tax Rate
1.19%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Piercy, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95587 | 0.99% | 0.99% | 1.13% | 1.14% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Piercy, California
In Piercy, 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's Office 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 Piercy, 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 Piercy helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Piercy is $167,504, with the highest and lowest median tax bills both at $1,764 in the zip code 95587.
Average Piercy Assessed Value
$167,504
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 Piercy, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95587 | $35,380 | $81,298 | $167,504 | $340,598 | $510,162 |
Source: Ownwell
Property Tax Bills Across Piercy, California
In Piercy, located in Mendocino County, CA, property tax bills are calculated based on the assessed value of your home. The assessed value is typically determined by the county assessor and is influenced by factors such as the market value of the property and any improvements made. The median home price in Piercy stands at $167,504, which provides a baseline for understanding tax obligations. Tax rates in Piercy can vary, with the 25th percentile tax bill around $850 and the 75th percentile reaching up to $3,601. For those at the higher end, the 90th percentile tax bill can be as much as $5,545. These figures indicate that while some homeowners may face relatively moderate tax bills, others could see significantly higher amounts. Compared to the national median property tax rate of 0.99%, Piercy's rates reflect the unique economic and property value landscape of the area. Homeowners should be aware of these variations as they can substantially impact annual expenses and long-term financial planning.
Average Piercy Tax Bill
$1,764
Average Mendocino County Tax Bill
$2,875
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Piercy, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95587 | $425 | $850 | $1,764 | $3,601 | $5,545 |
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 |