Cassel, California Property Taxes
The median property tax rate in Cassel, CA is 1.07%, 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 $191,970 in Cassel, the typical annual property tax bill amounts to $2,023, which is below the national median of $2,690. Property taxes in Cassel are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Cassel'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 Cassel or another part of Shasta County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cassel, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$2,054
$1,940
Ownwell’s Cassel Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cassel with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cassel 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 Shasta County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Cassel, California
Property taxes in Cassel, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cassel is 1.07%, which is higher than the U.S. national median of 0.99%. Local government entities within Cassel set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cassel 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 Cassel's effective property tax rate to other areas in Shasta County and the national median. For comparison, the 96016 zip code has both the highest and lowest median property tax rate of 1.07%. Understanding how these areas compare with Cassel provides valuable insights into the varying tax landscape across Shasta County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cassel Tax Rate
1.07%
Average Shasta County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cassel, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96016 | 1.03% | 1.06% | 1.07% | 1.10% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Cassel, California
In Cassel, 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 Shasta 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 Cassel, 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 Cassel helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $2,023 in the 96016 zip code.
Average Cassel Assessed Value
$191,970
Average Shasta County Assessed Value
$225,497
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cassel, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96016 | $57,756 | $109,270 | $191,970 | $265,476 | $354,493 |
Source: Ownwell
Property Tax Bills Across Cassel, California
In Cassel, Shasta County, CA, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Cassel is $191,970. Property taxes are calculated by multiplying this assessed value by the local tax rate. Factors such as property improvements, location, and market conditions can influence the assessed value. Homeowners in Cassel can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is $978, while the 75th percentile tax bill reaches $2,860, and the 90th percentile tax bill climbs to $3,790. This variability highlights how individual property characteristics and local assessments impact tax obligations. Comparatively, the national median property tax rate is 0.99%, making Cassel's property tax landscape relatively moderate. Understanding these factors helps homeowners anticipate their annual tax liabilities and manage their finances more effectively.
Average Cassel Tax Bill
$2,023
Average Shasta County Tax Bill
$2,421
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Cassel, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96016 | $563 | $978 | $2,023 | $2,860 | $3,790 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Shasta Tax Assessor | |
Website | common2.mptsweb.com |