New Pine Creek, Modoc County, California Property Taxes
The median property tax rate in New Pine Creek, CA is 1.09%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in New Pine Creek at $45,646, the typical annual property tax bill is about $500, significantly below the national median of $2,690. Property taxes in New Pine Creek 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 New Pine Creek'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 New Pine Creek or another part of Modoc County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
New Pine Creek, Modoc County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$498
$462
Ownwell’s New Pine Creek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in New Pine Creek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in New Pine Creek 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 New Pine Creek, Modoc County, California
Property taxes in New Pine Creek, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in New Pine Creek is 1.09%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within New Pine Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, New Pine Creek 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 New Pine Creek's effective property tax rate to other counties in California and the national median. For comparison, the 97635 zip code has the highest median property tax rate of 1.08%, while the same zip code also has the lowest median tax rate of 1.08%. Understanding how these cities compare with New Pine Creek 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 New Pine Creek Tax Rate
1.09%
Average Modoc County Tax Rate
1.11%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across New Pine Creek, Modoc County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97635 | 0.94% | 0.96% | 1.08% | 1.14% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across New Pine Creek, Modoc County, California
In New Pine Creek, 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'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 New Pine Creek, 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 New Pine Creek helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in this area is $45,646, with the highest and lowest median tax bills both at $488 in the 97635 zip code.
Property Tax Assessment Values Across New Pine Creek, Modoc County, California
Source: Ownwell
$44,592
$119,339
$194,086
Average New Pine Creek Assessed Value
$45,646
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 New Pine Creek, Modoc County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97635 | $9,215 | $18,862 | $44,592 | $71,948 | $157,434 |
Source: Ownwell
Property Tax Bills Across New Pine Creek, Modoc County, California
In New Pine Creek, located in Modoc County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and is typically a percentage of the market value. Homeowners in New Pine Creek can expect their property taxes to vary significantly depending on the value of their homes. The median home price in this area is $45,646, leading to a range of tax bills. For instance, those at the 25th percentile pay around $250, while those at the 75th percentile face bills of approximately $881. At the 90th percentile, the tax bill can reach up to $1,731. Comparatively, New Pine Creek's property tax rate can be seen as moderate when compared to the national median property tax rate of 0.99%. These property taxes are essential as they fund local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners in the region.
Average New Pine Creek Tax Bill
$500
Average Modoc County Tax Bill
$948
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across New Pine Creek, Modoc County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97635 | $145 | $188 | $488 | $724 | $1,550 |
Source: Ownwell