Smartsville, California Property Taxes
The median property tax rate in Smartsville, CA is 1.12%, higher than both the national median of 0.99% and the California state median of 1.21%. With a median home value of $309,426, the typical annual property tax bill in Smartsville reaches $3,462, surpassing the national median of $2,690. Property taxes in Smartsville are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Smartsville'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 Smartsville 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
Smartsville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$3,466
$3,216
Ownwell’s Smartsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Smartsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Smartsville 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 Smartsville, California
Property taxes in Smartsville, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Smartsville is 1.12%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Smartsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Smartsville 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 Smartsville's effective property tax rate to other areas in California and the national median. For comparison, the 95977 zip code has the highest median property tax rate of 1.12%, while the same zip code also has the lowest median tax rate of 1.12%. Understanding how these figures compare with Smartsville provides valuable insights into the varying tax landscape across Nevada County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Smartsville Tax Rate
1.12%
Average Nevada County Tax Rate
1.16%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Smartsville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95977 | 1.09% | 1.10% | 1.12% | 1.16% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Smartsville, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Smartsville, California. 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 Nevada 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 Smartsville, 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 Smartsville is $309,426, with tax bills ranging from $2,468 at the 25th percentile to $5,735 at the 90th percentile. The zip code 95977 has the highest and lowest median tax bill, both at $3,462. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Smartsville, California
Source: Ownwell
$181,896
$588,325
$994,754
Average Smartsville Assessed Value
$309,426
Average Nevada County Assessed Value
$380,629
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Smartsville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95977 | $153,498 | $215,094 | $309,426 | $405,886 | $529,717 |
Source: Ownwell
Property Tax Bills Across Smartsville, California
In Smartsville, Nevada County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. For homeowners in Smartsville, the median home price stands at $309,426. The property tax rate in this region is influenced by various local levies and voter-approved measures. Homeowners in Smartsville can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is $2,468, while the 75th percentile is $4,487, and the 90th percentile reaches up to $5,735. These variations highlight how factors like property location, improvements, and local tax rates impact the final bill. Compared to the national median property tax rate of 0.99%, Smartsville's property taxes reflect the specific economic and legislative environment of California. Understanding these factors is crucial for homeowners as property taxes can significantly affect annual expenses and long-term financial planning.
Average Smartsville Tax Bill
$3,462
Average Nevada County Tax Bill
$4,722
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Smartsville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95977 | $1,807 | $2,468 | $3,462 | $4,487 | $5,735 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Nevada Tax Assessor | |
| Website | common2.mptsweb.com |