Gold River, California Property Taxes
The median property tax rate in Gold River, CA is 1.21%, aligning with the state median but significantly higher than the national median of 0.99%. With a median home value of $477,658, the typical annual property tax bill in Gold River reaches $5,680, far exceeding the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Gold River'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 Gold River or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Gold River, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$5,780
$5,459
$1,148
Average Gold River, California Tax Savings
Ownwell’s Gold River Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gold River with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gold River to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Gold River. 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 Gold River, California
Property taxes in Gold River, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gold River is 1.21%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Gold River set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gold River 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 Gold River's effective property tax rate to other counties in California and the national median. For comparison, the 95670 zip code has the highest median property tax rate of 1.21%, while the same zip code also has the lowest median tax rate of 1.21%. Understanding how these cities compare with Gold River provides valuable insights into the varying tax landscape across Sacramento County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gold River Tax Rate
1.21%
Average Sacramento County Tax Rate
1.19%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gold River, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95670 | 1.19% | 1.19% | 1.21% | 1.22% | 1.24% |
Source: Ownwell
$1,148
Average Gold River Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Gold River, California
In Gold River, 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 Sacramento 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 Gold River, 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 Gold River helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Gold River are both $5,680, found in the 95670 zip code.
Average Gold River Assessed Value
$477,658
Average Sacramento County Assessed Value
$315,351
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gold River, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95670 | $299,259 | $369,579 | $477,658 | $600,991 | $733,308 |
Source: Ownwell
$1,148
Average Gold River Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Gold River, California
In Gold River, Sacramento County, CA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. With a median home price of $477,658, homeowners face substantial tax bills. The tax bill can vary significantly, with the 25th percentile at $4,426 and the 75th percentile reaching $7,104. The highest median tax bill in the area is $5,680, found in the 95670 zip code. Several factors influence the assessed value, including property improvements and market conditions. High property taxes can place a financial burden on homeowners, making it crucial to explore ways to reduce these costs. Ownwell can help homeowners in Gold River save on their property tax bills by providing expert property tax appeal and exemption services. By leveraging their knowledge and experience, Ownwell can identify potential inaccuracies in property assessments and guide homeowners through the appeal process, potentially lowering their tax obligations and offering significant financial relief.
Average Gold River Tax Bill
$5,680
Average Sacramento County Tax Bill
$3,715
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Gold River, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95670 | $3,614 | $4,426 | $5,680 | $7,104 | $8,607 |
Source: Ownwell
$1,148
Average Gold River Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | December 2 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Sacramento Tax Assessor | |
| Website | assessorparcelviewer.saccounty.gov |
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