Clio, California Property Taxes
The median property tax rate in Clio, CA is 1.16%, which is higher than the national median of 0.99% but slightly lower than the California state median of 1.21%. With a median home value of $448,206 in Clio, the typical annual property tax bill amounts to $5,271, significantly surpassing the national median of $2,690. Property taxes in Clio are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like those for primary residences and agricultural properties. Understanding Clio's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Clio or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clio, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$5,199
$4,910
Ownwell’s Clio Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clio with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clio 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 Clio, California
Property taxes in Clio, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clio is 1.16%, higher than the U.S. national median of 0.99%. Local government entities within Clio set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clio 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 Clio's effective property tax rate to other counties in California and the national median. For comparison, the 96106 zip code has the highest median property tax rate of 1.16%, while the 96106 zip code also has the lowest median tax rate of 1.16%. Understanding how these cities compare with Clio provides valuable insights into the varying tax landscape across Plumas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clio Tax Rate
1.16%
Average Plumas County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clio, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96106 | 1.06% | 1.09% | 1.16% | 1.23% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Clio, California
In Clio, 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 Plumas County Assessor's Office 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 Clio, 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. 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 Clio helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is $5,271 in the 96106 zip code, which is also the lowest median tax bill, offering a unique insight into the uniformity of property tax burdens in the area.
Average Clio Assessed Value
$448,206
Average Plumas County Assessed Value
$216,793
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clio, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96106 | $147,317 | $273,447 | $448,206 | $631,298 | $899,022 |
Source: Ownwell
Property Tax Bills Across Clio, California
In Clio, located in Plumas County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor's office. The assessed value is typically a percentage of the property's market value, and the tax rate is applied to this assessed value to determine the tax bill. For Clio, the median home price stands at $448,206, and property tax bills can vary significantly. Homeowners at the 25th percentile can expect to pay around $3,084 annually, while those at the 75th percentile face bills of approximately $7,133. The top 10% of homeowners see tax bills reaching up to $9,959. These property taxes fund essential local services such as public schools, infrastructure, and emergency services, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, Clio's property tax bills reflect the area's property values and the local government's budgetary needs. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Clio Tax Bill
$5,271
Average Plumas County Tax Bill
$2,335
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Clio, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96106 | $1,808 | $3,084 | $5,271 | $7,133 | $9,959 |
Source: Ownwell