Yountville, California Property Taxes
The median property tax rate in Yountville, CA is 1.08%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $481,082 in Yountville, the typical annual property tax bill reaches $5,044, significantly exceeding the national median of $2,690. Property taxes in Yountville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Yountville'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 Yountville or another part of Napa County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Yountville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$5,196
$4,821
Ownwell’s Yountville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Yountville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Yountville 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 Yountville, California
Property taxes in Yountville, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Yountville is 1.08%, higher than the U.S. national median of 0.99%. Local government entities within Yountville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Yountville 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 Yountville's effective property tax rate to other counties in California and the national median. For comparison, the 94599 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 Yountville provides valuable insights into the varying tax landscape across Napa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Yountville Tax Rate
1.08%
Average Napa County Tax Rate
1.20%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Yountville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94599 | 0.98% | 1.07% | 1.08% | 1.09% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Yountville, California
In Yountville, 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 Napa 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 Yountville, 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. The median home price in Yountville is $481,082, with the 25th percentile tax bill at $1,314 and the 75th percentile tax bill at $10,194. 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 Yountville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Yountville, California
Source: Ownwell
$148,800
$1,176,371
$2,203,942
Average Yountville Assessed Value
$481,082
Average Napa County Assessed Value
$490,000
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Yountville, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94599 | $65,790 | $121,850 | $481,082 | $967,562 | $1,473,132 |
Source: Ownwell
Property Tax Bills Across Yountville, California
In Yountville, property tax bills are calculated based on the assessed value of a home, which is determined by the Napa County Assessor's Office. The assessed value typically reflects the property's market value at the time of purchase, with annual adjustments for inflation limited to a maximum increase of 2% per year under California's Proposition 13. The actual tax rate applied to the assessed value is around 1% plus any voter-approved local taxes and assessments. For homeowners in Yountville, the median home price is $481,082, leading to a range of property tax bills. The 25th percentile tax bill is $1,314, while the 75th percentile reaches $10,194, and the 90th percentile can go up to $15,362. Comparatively, the national median property tax rate is 0.99%, highlighting that Yountville's property taxes can be significantly higher, impacting homeowners' annual expenses. The highest and lowest median tax bills in the area are both $5,044, indicating some uniformity in property tax assessments within the 94599 zip code.
Average Yountville Tax Bill
$5,044
Average Napa County Tax Bill
$5,707
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Yountville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94599 | $696 | $1,314 | $5,044 | $10,194 | $15,362 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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Napa Tax Assessor | |
Website | common1.mptsweb.com |