Dunsmuir, California Property Taxes
The median property tax rate in Dunsmuir, CA is 1.25%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Dunsmuir, the typical annual property tax bill reaches $1,277, which is below the national median of $2,690. Property taxes in Dunsmuir are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Dunsmuir'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 Dunsmuir 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
Dunsmuir, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$1,265
$1,174
Ownwell’s Dunsmuir Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dunsmuir with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dunsmuir 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 Dunsmuir, California
Property taxes in Dunsmuir, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dunsmuir is 1.25%, significantly higher than the U.S. national median of 0.99%. Local government entities within Dunsmuir set these rates annually, and they can vary across different neighborhoods. Each year, Dunsmuir 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 Dunsmuir's effective property tax rate to other areas in Shasta County and the national median. For comparison, the zip code 96025 has the highest median property tax rate of 1.25%, while the same zip code also has the lowest median tax rate of 1.25%. Understanding how these areas compare with Dunsmuir 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 Dunsmuir Tax Rate
1.25%
Average Shasta County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dunsmuir, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96025 | 1.06% | 1.12% | 1.25% | 1.42% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Dunsmuir, California
In Dunsmuir, 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'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 Dunsmuir, 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 Dunsmuir helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the highest and lowest median tax bills in Dunsmuir are both $1,277 in the 96025 zip code, providing a clear benchmark for homeowners. With a median home price of $101,227, the 25th percentile tax bill is $752, while the 75th percentile tax bill is $2,293, and the 90th percentile tax bill reaches $4,092.
Property Tax Assessment Values Across Dunsmuir, California
Source: Ownwell
$52,608
$2,032,295
$4,011,982
Average Dunsmuir Assessed Value
$101,227
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 Dunsmuir, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96025 | $30,425 | $69,227 | $101,227 | $239,700 | $352,346 |
Source: Ownwell
Property Tax Bills Across Dunsmuir, California
In Dunsmuir, located in Shasta County, CA, property tax bills are calculated based on the assessed value of your home and the applicable tax rate. The assessed value is typically determined by the county assessor and is often influenced by the market value of the property. The median home price in Dunsmuir is $101,227, which helps provide a baseline for these assessments. Tax bills can vary significantly. For example, the 25th percentile tax bill is $752, while the 75th percentile reaches $2,293. The 90th percentile tax bill can go as high as $4,092, indicating a wide range of possible tax burdens for homeowners. The highest and lowest median tax bills in the area are both $1,277, showcasing some consistency in certain neighborhoods. These tax bills can impact homeowners by affecting their annual financial planning and overall housing costs. Compared to the national median property tax rate of 0.99%, Dunsmuir's rates can be more or less favorable depending on the specific property and its assessed value.
Average Dunsmuir Tax Bill
$1,277
Average Shasta County Tax Bill
$2,421
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Dunsmuir, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96025 | $284 | $752 | $1,277 | $2,293 | $4,092 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
---|
Links | |
---|---|
Shasta Tax Assessor | |
Website | common2.mptsweb.com |