Newcastle, Placer County, California Property Taxes
Median Newcastle, CA effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Newcastle, CA home value: $509,904
Median annual Newcastle, CA tax bill: $5,434, $3,034 higher than the national median property tax bill of $2,400.
How are property taxes in Placer County calculated?
Property taxes in Newcastle, 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 Newcastle’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Newcastle, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Newcastle, Placer County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$5,558
$5,158
Property Tax Rates Across Newcastle, Placer County, California
Local government entities are responsible for setting tax rates, which can significantly differ within a state. This variation occurs because each county annually estimates its budget needs to provide essential services and then divides this by the total value of all taxable property within its boundaries. This process determines the property tax rate. While laws and votes play a role in establishing tax rates and budgets, this is the basic annual procedure.
In Newcastle, located in Placer County, California, the effective property tax rate can be compared to other cities in the state and the median property tax rates in California and nationwide. California's median property tax rate is slightly above the national median of 1.02%, indicating a higher tax burden compared to many other states. However, Newcastle's rate aligns closely with the state median, offering a typical tax scenario for California residents. Understanding these rates can help property owners make informed decisions about appealing property taxes or seeking exemptions, ensuring they are not overpaying compared to similar properties in their area.
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 Newcastle Tax Rate
1.09%
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 Placer County Tax Rate
1.14%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Newcastle, Placer County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95658 | 1.05% | 1.06% | 1.09% | 1.13% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Newcastle, Placer County, California
When examining property taxes in Newcastle, CA, 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 Placer County appraisal district 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 Placer County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Newcastle.
For example, the median home price in Newcastle is $509,904, with tax bills ranging significantly across the county. Zip code 95658 has the highest median home price at $509,904.
Property Tax Assessment Values Across Newcastle, Placer County, California
Source: Ownwell
$152,436
$516,410
$880,383
Median Newcastle Market Value
$509,904
Median Placer County Market Value
$464,229
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Newcastle, Placer County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95658 | $149,682 | $300,286 | $509,904 | $782,330 | $1,047,745 |
Source: Ownwell
Property Tax Bills Across Newcastle, Placer County, California
In Newcastle, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the Placer County Assessor. The assessed value is typically a percentage of the market value, and the property tax rate is applied to this assessed value. Homeowners in Newcastle face a median property tax bill of $5,434, significantly higher than the national median of $2,400. The tax bills in Newcastle range widely, with the 25th percentile at $3,297 and the 75th percentile reaching $8,203. These figures highlight the financial impact property taxes can have on homeowners in the area.
Ownwell assists homeowners by providing property tax appeal services, which can potentially lower these bills. By analyzing the assessed value and comparing it to market conditions, Ownwell identifies opportunities for reductions. This service can be particularly beneficial for those in the higher tax brackets, such as those at the 90th percentile with tax bills up to $10,971. By appealing their property taxes, homeowners can achieve significant savings, easing the financial burden.
Median Newcastle Tax Bill
$5,434
Median Placer County Tax Bill
$5,446
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Newcastle, Placer County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95658 | $1,700 | $3,297 | $5,434 | $8,203 | $10,971 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Placer Tax Assessor | |
| Website | common1.mptsweb.com |