Herald, California Property Taxes
The median property tax rate in Herald, CA is 1.03%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Herald at $407,917, the typical annual property tax bill reaches $4,099, significantly exceeding the national median of $2,690. Property taxes in Herald are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Herald'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 Herald or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Herald, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$4,202
$3,969
$1,148
Average Herald, California Tax Savings
Ownwell’s Herald Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Herald with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Herald 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 Herald. 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 Herald, California
Property taxes in Herald, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Herald is 1.03%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Herald set these rates annually, and they can vary significantly across different neighborhoods. Each year, Herald 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 Herald's effective property tax rate to other counties in California and the national median. For comparison, the 95638 zip code has the highest median property tax rate of 1.03%, while the 95638 zip code has the lowest median tax rate of 1.03%. Understanding how these cities compare with Herald 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 Herald Tax Rate
1.03%
Average Sacramento County Tax Rate
1.19%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Herald, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95638 | 0.99% | 1.01% | 1.03% | 1.04% | 1.04% |
Source: Ownwell
$1,148
Average Herald Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Herald, California
In Herald, 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 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 Herald, 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 Herald helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Herald, the median home price is $407,917, with the highest median tax bill of $4,099 in zip code 95638.
Average Herald Assessed Value
$407,917
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 Herald, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95638 | $133,330 | $251,121 | $407,917 | $583,402 | $725,082 |
Source: Ownwell
$1,148
Average Herald Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Herald, California
Property tax bills in Herald, Sacramento County, CA, are determined based on the assessed value of your home, which is typically a percentage of its market value. With a median home price of $407,917, the property tax bill can vary significantly. For instance, homeowners in the 25th percentile pay around $2,500, whereas those in the 75th percentile face bills as high as $5,929. The top 10% of homeowners might see tax bills reaching up to $7,355. These figures are notably higher than the national median property tax rate of 0.99%. Several factors influence your property tax bill, including the assessed home value, local tax rates, and any applicable exemptions. High property taxes can be a burden, but Ownwell can help ease this by offering expert property tax appeal and exemption services. By thoroughly reviewing your property’s assessed value and identifying potential errors or opportunities for exemptions, Ownwell can help you save significantly on your property tax bill, ensuring you only pay what’s fair.
Average Herald Tax Bill
$4,099
Average Sacramento County Tax Bill
$3,715
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Herald, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95638 | $1,334 | $2,500 | $4,099 | $5,929 | $7,355 |
Source: Ownwell
$1,148
Average Herald 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 |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.