Old Station, California Property Taxes
The median property tax rate in Old Station, CA is 1.10%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Old Station at $166,189, the typical annual property tax bill amounts to $1,817, which is below the national median of $2,690. Property taxes in Old Station are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Old Station'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 Old Station 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
Old Station, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$1,828
$1,726
Ownwell’s Old Station Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Old Station with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Old Station 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 Old Station, California
Property taxes in Old Station, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Old Station is 1.10%, which is higher than the U.S. national median of 0.99%. Local government entities within Old Station set these rates annually, and they can vary significantly across different neighborhoods. Each year, Old Station 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 Old Station's effective property tax rate to other areas within Shasta County and the national median. For comparison, the zip code 96071 has the highest median property tax rate of 1.10%, while the same zip code also has the lowest median tax rate of 1.10%. Understanding how these areas compare with Old Station 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 Old Station Tax Rate
1.10%
Average Shasta County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Old Station, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96071 | 1.06% | 1.09% | 1.10% | 1.11% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Old Station, California
In Old Station, 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 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 Old Station, 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 Old Station helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 96071, both valued at $1,817.
Property Tax Assessment Values Across Old Station, California
Source: Ownwell
$52,608
$2,032,295
$4,011,982
Average Old Station Assessed Value
$166,189
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 Old Station, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96071 | $51,225 | $100,449 | $166,189 | $238,938 | $293,804 |
Source: Ownwell
Property Tax Bills Across Old Station, California
Property tax bills in Old Station, Shasta County, CA, are calculated based on the assessed value of a property, which is typically derived from its market value. The median home price in Old Station is $166,189. Homeowners can expect their property tax bill to fall within a range, with the 25th percentile tax bill at $1,105 and the 75th percentile tax bill at $2,596. For those in the 90th percentile, the tax bill can reach up to $3,222. The median property tax bill in the area is $1,817, which is higher than the national median property tax rate of 0.99%. Several factors influence the tax bill, including property size, location, and any applicable exemptions. Higher property taxes can impact homeowners by increasing their monthly expenses, but they also contribute to funding essential local services such as schools, public safety, and infrastructure. Understanding these elements can help homeowners in Old Station better anticipate their annual property tax obligations.
Average Old Station Tax Bill
$1,817
Average Shasta County Tax Bill
$2,421
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Old Station, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96071 | $568 | $1,105 | $1,817 | $2,596 | $3,222 |
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 |