Cedarville, California Property Taxes
The median property tax rate in Cedarville, CA is 1.18%, which is higher than the national median of 0.99% but slightly below the California state median of 1.21%. With the median home value in Cedarville, the typical annual property tax bill reaches $1,382, which is lower than the national median of $2,690. Property taxes in Cedarville are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Cedarville'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 Cedarville 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
Cedarville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$1,458
$1,377
Ownwell’s Cedarville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cedarville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cedarville 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 Cedarville, California
Property taxes in Cedarville, CA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cedarville is 1.18%, higher than the U.S. national median of 0.99%. Local government entities within Cedarville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cedarville 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 Cedarville's effective property tax rate to other areas in Modoc County and the national median. For comparison, the zip code 96104 has both the highest and lowest median property tax rate of 1.18%. Understanding how these areas compare with Cedarville provides valuable insights into the varying tax landscape across Modoc County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cedarville Tax Rate
1.18%
Average Modoc County Tax Rate
1.11%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cedarville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96104 | 1.00% | 1.08% | 1.18% | 1.38% | 1.67% |
Source: Ownwell
Property Tax Assessment Values Across Cedarville, California
In Cedarville, 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 Modoc 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 Cedarville, 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 Cedarville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Cedarville is $123,562, with the tax bill at the 25th percentile being $867 and at the 75th percentile being $2,244. The highest and lowest median tax bills are both $1,379 in the 96104 zip code.
Average Cedarville Assessed Value
$123,562
Average Modoc County Assessed Value
$83,080
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cedarville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96104 | $31,500 | $62,838 | $122,698 | $213,751 | $321,797 |
Source: Ownwell
Property Tax Bills Across Cedarville, California
In Cedarville, Modoc County, CA, property tax bills are primarily calculated based on the assessed value of a home. The assessed value is determined by the county assessor and is typically a percentage of the home's market value. Homeowners in Cedarville see a range of tax bills, with the 25th percentile paying around $867 and the 75th percentile facing bills up to $2244. The 90th percentile can see tax bills as high as $3379. The median home price in Cedarville is $123,562, which influences the overall tax calculations. Compared to the national median property tax rate of 0.99%, Cedarville's property tax rates can vary significantly, affecting homeowners differently based on their property's assessed value. Factors such as property improvements, neighborhood developments, and changes in the housing market can also impact the assessed value, thereby affecting the tax bill. Understanding these variables helps homeowners better anticipate their annual property tax obligations and manage their finances accordingly.
Average Cedarville Tax Bill
$1,382
Average Modoc County Tax Bill
$948
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Cedarville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96104 | $534 | $864 | $1,379 | $2,241 | $3,401 |
Source: Ownwell