Manton, California Property Taxes
The median property tax rate in Manton, CA is 1.05%, which is higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Manton at $230,796, the typical annual property tax bill reaches $2,415, slightly below the national median of $2,690. Property taxes in Manton are calculated based on the assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Manton'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 Manton 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
Manton, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$2,423
$2,289
Ownwell’s Manton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Manton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Manton 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 Manton, California
Property taxes in Manton, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Manton is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within Manton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manton 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 Manton's effective property tax rate to other counties in California and the national median. For comparison, the 96059 zip code has the highest median property tax rate of 1.05%, while the 96059 zip code also has the lowest median tax rate of 1.05%. Understanding how these cities compare with Manton 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 Manton Tax Rate
1.05%
Average Shasta County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manton, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96059 | 1.02% | 1.03% | 1.05% | 1.08% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Manton, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Manton, CA. 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 Appraisal District 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 Manton, 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. For instance, the median home price in Manton is $230,796, with tax bills ranging from $1,441 at the 25th percentile to $4,773 at the 90th percentile. The highest and lowest median tax bills are both in the 96059 zip code, each at $2,415. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Manton Assessed Value
$230,796
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 Manton, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96059 | $83,522 | $144,570 | $230,796 | $331,308 | $449,205 |
Source: Ownwell
Property Tax Bills Across Manton, California
In Manton, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the Shasta County Assessor. The assessed value is typically a percentage of the market value of the property. Homeowners in Manton face varying tax bills depending on several factors including the property's assessed value and applicable tax rates. For instance, the median home price in Manton is $230,796. Property tax bills can range significantly, with the 25th percentile at $1,441 and the 75th percentile at $3,568. The 90th percentile tax bill can go up to $4,773, indicating that higher-valued properties face steeper taxes. The highest median tax bill in the area is $2,415. These tax bills are crucial for homeowners as they contribute to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Manton's tax rates reflect the local economic conditions and funding requirements. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Manton Tax Bill
$2,415
Average Shasta County Tax Bill
$2,421
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Manton, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96059 | $692 | $1,441 | $2,415 | $3,568 | $4,773 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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Shasta Tax Assessor | |
Website | common2.mptsweb.com |