Yorkville, California Property Taxes
The median property tax rate in Yorkville, CA is 1.17%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $263,756 in Yorkville, the typical annual property tax bill reaches $3,161, surpassing the national median of $2,690. Property taxes in Yorkville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Yorkville'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 Yorkville 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
Yorkville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$3,086
$2,864
Ownwell’s Yorkville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Yorkville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Yorkville 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 Yorkville, California
Property taxes in Yorkville, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Yorkville is 1.17%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Yorkville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Yorkville 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 Yorkville's effective property tax rate to other counties in California and the national median. For comparison, the 95494 zip code has the highest median property tax rate of 1.17%, while the same zip code also has the lowest median tax rate of 1.17%. Understanding how these cities compare with Yorkville 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 Yorkville Tax Rate
1.17%
Average Mendocino County Tax Rate
1.19%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Yorkville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95494 | 1.15% | 1.16% | 1.17% | 1.20% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Yorkville, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Yorkville, California. 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 Yorkville, 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 Yorkville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in Yorkville is 95494, with a median tax bill of $3,161, while the lowest is also 95494, reflecting the same median tax bill. The 25th percentile tax bill is $1,054, and the 75th percentile tax bill is $6,242, with the 90th percentile reaching $9,837.
Average Yorkville Assessed Value
$263,756
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 Yorkville, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95494 | $49,113 | $93,817 | $263,756 | $534,871 | $952,774 |
Source: Ownwell
Property Tax Bills Across Yorkville, California
In Yorkville, Mendocino County, CA, property tax bills are calculated based on the assessed value of the home, which is determined by the local assessor's office. This assessed value is then multiplied by the property tax rate to determine the annual tax bill. The median home price in Yorkville is $263,756, and the property tax rate in the area is influenced by both state and local levies. Factors such as recent home sales, improvements, and overall market conditions can affect the assessed value. For homeowners, this means that any changes in the real estate market or property enhancements can lead to fluctuations in their tax bills. In Yorkville, the 25th percentile tax bill is $1,054, while the 75th percentile tax bill reaches $6,242, and the 90th percentile tax bill can be as high as $9,837. These figures highlight the range of property tax burdens homeowners might face, depending on their property's assessed value and specific circumstances.
Average Yorkville Tax Bill
$3,161
Average Mendocino County Tax Bill
$2,875
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Yorkville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95494 | $558 | $1,054 | $3,161 | $6,242 | $9,837 |
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 |