Tionesta, California Property Taxes
The median property tax rate in Tionesta, CA is 1.01%, slightly higher than the national median of 0.99%, but lower than the California state median of 1.21%. With the median home value in Tionesta at $91,926, the typical annual property tax bill is $935, which is significantly below the national median of $2,690. Property taxes in Tionesta are calculated based on the tax assessed value, often lower than the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Tionesta'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 Tionesta 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
Tionesta, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$928
$877
Ownwell’s Tionesta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tionesta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tionesta 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 Tionesta, California
Property taxes in Tionesta, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tionesta is 1.01%, slightly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Tionesta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tionesta 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 Tionesta's effective property tax rate to other counties in California and the national median. For comparison, the 96134 zip code has the highest median property tax rate of 1.01%, while the same zip code also has the lowest median tax rate of 1.01%. Understanding how these cities compare with Tionesta 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 Tionesta Tax Rate
1.01%
Average Modoc County Tax Rate
1.11%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tionesta, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96134 | 0.65% | 0.95% | 1.01% | 1.06% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Tionesta, California
In Tionesta, 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 Appraisal District 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 Tionesta, 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 Tionesta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Tionesta is $91,926, with the 25th percentile tax bill at $387 and the 75th percentile tax bill at $980. The highest and lowest median tax bill, both at $935, are found in the 96134 zip code.
Average Tionesta Assessed Value
$91,926
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 Tionesta, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96134 | $20,481 | $56,620 | $91,926 | $143,486 | $287,162 |
Source: Ownwell
Property Tax Bills Across Tionesta, California
In Tionesta, property tax bills are calculated based on the assessed value of a home, which is determined by the Modoc County Assessor's Office. The assessed value is typically a percentage of the market value of the property. For example, with a median home price of $91,926, the property tax bill can vary significantly. At the 25th percentile, homeowners might pay around $387, while those at the 75th percentile could see bills as high as $980. The highest bills, at the 90th percentile, can reach up to $2,369. These tax bills are influenced by various factors, including local tax rates and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Tionesta's property taxes can provide a range of financial impacts. Homeowners need to consider these costs when budgeting for their annual expenses, as higher property taxes can affect overall affordability and long-term financial planning.
Average Tionesta Tax Bill
$935
Average Modoc County Tax Bill
$948
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Tionesta, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96134 | $236 | $387 | $935 | $980 | $2,369 |
Source: Ownwell