Canyon Dam, Plumas County, California Property Taxes
Median Canyon Dam, 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 Canyon Dam, CA home value: $159,036
Median annual Canyon Dam, CA tax bill: $1,705, $695 lower than the national median property tax bill of $2,400.
How are property taxes in Plumas County calculated?
Property taxes in Canyon Dam, 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 Canyon Dam’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Canyon Dam, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Canyon Dam, Plumas County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$1,733
$1,609
Property Tax Rates Across Canyon Dam, Plumas County, California
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction to calculate 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 Canyon Dam, located in Plumas County, CA, the effective property tax rate is a reflection of these local fiscal decisions. When compared to other cities in California and the median property tax rates across the state and the U.S., Canyon Dam holds its own. California's median property tax rate is slightly above the national median, and Canyon Dam's rate is consistent with this trend. This suggests that residents in Canyon Dam experience a property tax rate aligned with the state average, offering a balanced approach to funding local services while maintaining competitiveness with national figures. Understanding these dynamics can empower property owners in Canyon Dam to make informed decisions regarding their property tax obligations.
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 Canyon Dam 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 Plumas County Tax Rate
1.09%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Canyon Dam, Plumas County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95923 | 1.06% | 1.08% | 1.09% | 1.12% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Canyon Dam, Plumas County, California
When examining property taxes in Canyon Dam, 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 Plumas 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.
In Plumas County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Canyon Dam.
For example, the median home price in Canyon Dam is $159,036, with tax bills ranging significantly across the county. The 95923 zip code has the highest median home price at $159,036.
Property Tax Assessment Values Across Canyon Dam, Plumas County, California
Source: Ownwell
$49,702
$248,954
$448,206
Median Canyon Dam Market Value
$159,036
Median Plumas County Market Value
$216,793
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Canyon Dam, Plumas County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95923 | $39,254 | $97,015 | $159,036 | $266,958 | $390,105 |
Source: Ownwell
Property Tax Bills Across Canyon Dam, Plumas County, California
In Canyon Dam, Plumas County, CA, property tax bills are determined by assessing the property's market value and applying the county's tax rate. With a median home price of $159,036, the tax burden can vary significantly. Homeowners in the 25th percentile pay around $1,098, while those in the 75th percentile face bills up to $2,833. At the 90th percentile, tax bills can reach $4,082. Compared to the national median property tax bill of $2,400, Canyon Dam's tax bills can be both a bit lighter or heavier, depending on the property's assessed value.
For homeowners, these taxes can impact financial planning and overall affordability. This is where Ownwell steps in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax burden. Our team reviews your property’s assessment for inaccuracies or overvaluations, ensuring you only pay what’s fair. With Ownwell, you gain a partner dedicated to helping you save on your property tax bills, making homeownership more affordable.
Median Canyon Dam Tax Bill
$1,705
Median Plumas County Tax Bill
$2,335
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Canyon Dam, Plumas County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95923 | $408 | $1,098 | $1,705 | $2,833 | $4,082 |
Source: Ownwell