Greenville, California Property Taxes
The median property tax rate in Greenville, CA is 1.06%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $49,702 in Greenville, the typical annual property tax bill is $540, which is notably less than the national median of $2,690. Property taxes in Greenville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Greenville'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 Greenville or another part of Plumas County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Greenville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$527
$489
Ownwell’s Greenville Property Tax Bill Calculator is a powerful tool for homeowners, real estate investors, and prospective buyers to estimate their annual property taxes in Greenville with just two inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Greenville to provide an accurate estimate of your property tax bill. This valuable resource helps you understand potential tax liabilities, ensuring you are well-prepared. For those interested in more detailed insights, you can explore trends at the neighborhood level by scrolling down. Your property’s assessed value, determined by the county for tax purposes, includes any applicable exemptions, making this tool essential for accurate financial planning.
Property Tax Rates Across Greenville, California
Property taxes in Greenville, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Greenville is 1.06%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Greenville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Greenville 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 Greenville's effective property tax rate to other counties in California and the national median. For comparison, the zip code 95947 has the highest median property tax rate of 1.06%, while the same zip code also has the lowest median tax rate of 1.06%. Understanding how these cities compare with Greenville 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 Greenville Tax Rate
1.06%
Average Plumas County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Greenville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95947 | 0.77% | 1.02% | 1.06% | 1.08% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Greenville, California
In Greenville, 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 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 Greenville, 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 Greenville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 95947 has both the highest and lowest median tax bills, each at $540.
Average Greenville Assessed Value
$49,702
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 Greenville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95947 | $14,439 | $22,012 | $49,702 | $154,230 | $288,267 |
Source: Ownwell
Property Tax Bills Across Greenville, California
In Greenville, located in Plumas County, CA, property tax bills are calculated based on the assessed value of the property, which is often a percentage of the market value. The median home price in Greenville is $49,702, and the property tax rate is applied to this assessed value to determine the tax owed. Homeowners in Greenville can expect a wide range of property tax bills, with the 25th percentile paying around $221 and the 75th percentile paying up to $1,568. Those in the 90th percentile may see bills as high as $2,936. Several factors influence these tax bills, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. Higher assessed values and fewer exemptions typically result in higher tax bills. This system ensures that property taxes are proportionate to property values, impacting homeowners by reflecting the financial responsibilities tied to their property investments. Comparing this to the national median property tax rate of 0.99%, Greenville's property tax bills offer a unique perspective on local taxation within Plumas County.
Average Greenville Tax Bill
$540
Average Plumas County Tax Bill
$2,335
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Greenville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95947 | $130 | $221 | $540 | $1,568 | $2,936 |
Source: Ownwell