Redding, California Property Taxes
The median property tax rate in Redding, CA is 1.08%, 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 Redding at $251,304, the typical annual property tax bill reaches $2,692, just above the national median of $2,690. Property taxes in Redding are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Redding’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 Redding 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
Redding, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,714
$2,519
Ownwell’s Redding Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Redding with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Redding 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 Redding, California
Property taxes in Redding, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Redding is 1.08%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Redding set these rates annually, and they can vary significantly across different neighborhoods. Each year, Redding 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 Redding's effective property tax rate to other areas in Shasta County and the national median. For comparison, the 96073 zip code has the highest median property tax rate of 1.13%, while the 96001 zip code has the lowest median tax rate of 1.06%. Understanding how these cities compare with Redding 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 Redding Tax Rate
1.08%
Average Shasta County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Redding, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96001 | 1.02% | 1.03% | 1.06% | 1.07% | 1.10% |
| 96002 | 1.05% | 1.07% | 1.09% | 1.12% | 1.14% |
| 96003 | 1.04% | 1.07% | 1.10% | 1.15% | 1.20% |
| 96019 | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% |
| 96073 | 1.13% | 1.13% | 1.13% | 1.13% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Redding, California
In Redding, 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 Redding, 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. For example, the highest median tax bill in Redding is $2,997 in zip code 96073, whereas the lowest median tax bill is $2,556 in zip code 96002. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Redding Assessed Value
$251,304
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 Redding, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96001 | $97,037 | $161,979 | $257,144 | $362,654 | $497,661 |
| 96002 | $85,371 | $151,739 | $237,800 | $350,204 | $489,503 |
| 96003 | $64,328 | $155,177 | $258,147 | $368,192 | $485,000 |
| 96019 | $259,080 | $259,080 | $259,080 | $259,080 | $259,080 |
| 96073 | $266,303 | $266,303 | $266,303 | $266,303 | $266,303 |
Source: Ownwell
Property Tax Bills Across Redding, California
In Redding, located in Shasta County, CA, property tax bills are calculated based on the assessed value of a property, which is often influenced by the market value. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Redding, the median home price is $251,304, which serves as a baseline for understanding potential tax obligations. The tax bill can vary significantly across different properties. For instance, the 25th percentile of tax bills is $1,612, while the 75th percentile reaches $3,928, and the 90th percentile climbs to $5,405. The highest median tax bill in the area is $2,997 in the zip code 96073, whereas the lowest median tax bill is $2,556 in the zip code 96002. These variations highlight how local factors and assessed values impact homeowners differently. With the national median property tax rate at 0.99%, understanding these local nuances helps homeowners in Redding better anticipate their annual property tax expenses and plan their finances accordingly.
Average Redding Tax Bill
$2,692
Average Shasta County Tax Bill
$2,421
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Redding, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96001 | $955 | $1,656 | $2,690 | $3,845 | $5,329 |
| 96002 | $735 | $1,571 | $2,556 | $3,788 | $5,353 |
| 96003 | $514 | $1,604 | $2,813 | $4,078 | $5,473 |
| 96019 | $2,866 | $2,866 | $2,866 | $2,866 | $2,866 |
| 96073 | $2,997 | $2,997 | $2,997 | $2,997 | $2,997 |
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 |