Fort Bidwell, California Property Taxes
The median property tax rate in Fort Bidwell, CA is 1.23%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Fort Bidwell, the typical annual property tax bill reaches $1,320, exceeding the national median of $2,690. Property taxes in Fort Bidwell are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Fort Bidwell'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 Fort Bidwell 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
Fort Bidwell, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$1,339
$1,265
Ownwell’s FORT BIDWELL Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in FORT BIDWELL with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in FORT BIDWELL 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 Fort Bidwell, California
Property taxes in Fort Bidwell, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fort Bidwell is 1.23%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Fort Bidwell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fort Bidwell 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 Fort Bidwell's effective property tax rate to other counties in California and the national median. For comparison, the 96112 ZIP code has both the highest and lowest median property tax rate of 1.23%. Understanding how these cities compare with Fort Bidwell 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 Fort Bidwell Tax Rate
1.23%
Average Modoc County Tax Rate
1.11%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fort Bidwell, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96112 | 1.05% | 1.10% | 1.23% | 1.50% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Fort Bidwell, California
In Fort Bidwell, 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 Fort Bidwell, 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. The median home price in Fort Bidwell is $108,882, with tax bills ranging from $819 at the 25th percentile to $3,196 at the 90th percentile. The highest and lowest median tax bill in the area is $1,320, both in zip code 96112. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Fort Bidwell, California
Source: Ownwell
$44,592
$187,533
$330,474
Average Fort Bidwell Assessed Value
$108,882
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 Fort Bidwell, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96112 | $37,839 | $57,980 | $108,882 | $226,828 | $286,281 |
Source: Ownwell
Property Tax Bills Across Fort Bidwell, California
Property tax bills in Fort Bidwell, located in Modoc County, CA, are calculated based on the assessed value of the property. The assessed value is determined by the Modoc County Assessor's Office and reflects the market value of the property. Homeowners in Fort Bidwell can expect a median property tax rate that aligns with the national median of 0.99%. For example, with a median home price of $108,882, property tax bills can range significantly. At the 25th percentile, homeowners might pay around $819, while at the 75th percentile, the tax bill can rise to approximately $2,455. The 90th percentile sees even higher tax bills, reaching up to $3,196. Factors such as property improvements, location, and market conditions can influence these amounts. High property tax bills can impact homeowners by increasing their annual costs, while lower tax bills can make homeownership more affordable. Understanding these factors is crucial for homeowners in managing their financial obligations effectively.
Average Fort Bidwell Tax Bill
$1,320
Average Modoc County Tax Bill
$948
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Fort Bidwell, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96112 | $602 | $819 | $1,320 | $2,455 | $3,196 |
Source: Ownwell