Lookout, Modoc County, California Property Taxes

Name: Property Tax Bills Across Lookout, Modoc County, California
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Lookout, CA effective property tax rate: 1.05%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Lookout, CA home value: $106,324
Median annual Lookout, CA tax bill: $1,123, $1,277 lower than the national median property tax bill of $2,400.

How are property taxes in Modoc calculated?

Property taxes in Lookout, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Lookout’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lookout, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lookout, Modoc County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.05%

Estimate Property Tax Bill

$1,116

$1,036

Ownwell’s Lookout Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lookout with just two data points. By entering your property's estimated assessed value, our calculator applies Lookout’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Modoc County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lookout, Modoc County, California

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Lookout’s effective property tax rate to other cities in California and the median property tax rates in California and the U.S.

Property Tax Rates Across Lookout, Modoc County, California

Source: Ownwell

1.01%

1.12%

1.23%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Lookout Tax Rate

1.05%

Median Effective Modoc County Tax Rate

1.11%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lookout, Modoc County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
96054	0.99%	1.01%	1.05%	1.17%	1.38%

Source: Ownwell

Property Tax Assessment Values Across Lookout, Modoc County, California

When examining property taxes in Lookout, California, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Modoc County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Modoc County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Lookout. For example, the median home price in Lookout is $106,324, with tax bills ranging significantly across the county. Zip code 96054 has the highest median home price at $106,324.

Property Tax Assessment Values Across Lookout, Modoc County, California

Source: Ownwell

$44,592

$119,339

$194,086

Median Lookout Market Value

$106,324

Median Modoc County Market Value

$83,080

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lookout, Modoc County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
96054	$16,573	$40,006	$106,324	$263,867	$509,976

Source: Ownwell

Property Tax Bills Across Lookout, Modoc County, California

In Lookout, located in Modoc County, CA, property tax bills are calculated based on the assessed value of a home. The tax rate is applied to this assessed value, which in Lookout reflects a median home price of $106,324. Homeowners in Lookout experience a range of tax bills, with the 25th percentile at $452 and the 75th percentile reaching $2,540. In comparison, the national median property tax bill is $2,400, indicating that Lookout's tax bills can be relatively lower, yet some homeowners may still face higher costs. Factors influencing these tax bills include property size, location, and market trends. For homeowners, this can mean varying levels of financial burden. Ownwell offers valuable assistance by helping homeowners appeal their property tax assessments and apply for exemptions, potentially reducing their tax bills. By leveraging expertise in property tax laws and local market conditions, Ownwell provides strategic advice and support, ensuring homeowners pay only what is necessary, thereby alleviating financial pressure.

Property Tax Bills Across Lookout, Modoc County, California

Source: Ownwell

$488

$1,257

$2,026

Median Lookout Tax Bill

$1,123

Median Modoc County Tax Bill

$948

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Lookout, Modoc County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
96054	$232	$452	$1,123	$2,540	$4,806

Source: Ownwell