Truckee, Placer County, California Property Taxes
Median Truckee, CA effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Truckee, CA home value: $880,383
Median annual Truckee, CA tax bill: $11,239, $8,839 higher than the national median property tax bill of $2,400.
How are property taxes in Placer County calculated?
Property taxes in Truckee, 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 Truckee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Truckee, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Truckee, Placer County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.22%
Estimate Property Tax Bill
$10,741
$9,967
Property Tax Rates Across Truckee, Placer County, California
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Truckee, located in Placer County, CA, the effective property tax rate stands at 1.22%. This rate is higher than the national median property tax rate of 1.02%, reflecting the unique budgetary needs and property values within the county. When compared to other cities in California, Truckee's rate is consistent with the state's median, indicating a balanced approach to funding local services.
Understanding these rates is crucial for property owners, as higher rates can significantly impact annual tax bills. Truckee's property tax rate translates into a more substantial tax bill compared to the national median, which is $2,400. This comparison highlights the importance of being aware of local tax rates and their implications on property ownership costs.
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 Truckee Tax Rate
1.22%
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 Truckee, Placer County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96161 | 1.08% | 1.10% | 1.22% | 1.53% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Truckee, Placer County, California
When examining property taxes in Truckee, 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 Assessor's Office 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.
Assessment notices: 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 Truckee.
For example, the median home price in Truckee is $880,383, with tax bills ranging significantly across the county. Zip code 96161 has the highest median home price at $880,383.
Property Tax Assessment Values Across Truckee, Placer County, California
Source: Ownwell
$152,436
$516,410
$880,383
Median Truckee Market Value
$880,383
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 Truckee, Placer County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96161 | $140,663 | $408,000 | $880,383 | $2,236,860 | $4,319,505 |
Source: Ownwell
Property Tax Bills Across Truckee, Placer County, California
Median Truckee Tax Bill
$11,239
Median Placer County Tax Bill
$5,446
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Truckee, Placer County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96161 | $2,204 | $5,772 | $11,239 | $25,251 | $45,969 |
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 |