Shingletown, California Property Taxes
The median property tax rate in Shingletown, 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 $203,067, the typical annual property tax bill in Shingletown is $2,105, which is below the national median of $2,690. Property taxes in Shingletown are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Shingletown's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in significant annual savings. Whether you're in the heart of Shingletown or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shingletown, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$2,173
$2,016
Ownwell’s Shingletown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shingletown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shingletown 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 Shingletown, California
Property taxes in Shingletown, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shingletown is 1.07%, which is higher than the U.S. national median of 0.99%. Local government entities within Shingletown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shingletown 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 Shingletown's effective property tax rate to other counties in California and the national median. For comparison, the 96088 zip code has the highest median property tax rate of 1.07%, while the 96088 zip code also has the lowest median tax rate of 1.07%. Understanding how these cities compare with Shingletown 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 Shingletown 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 Shingletown, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96088 | 1.04% | 1.06% | 1.07% | 1.09% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Shingletown, California
In Shingletown, 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 Shingletown, 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 Shingletown 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 96088, both at $2105, which is higher than the national median property tax rate of 0.99%.
Property Tax Assessment Values Across Shingletown, California
Source: Ownwell
$52,608
$2,032,295
$4,011,982
Average Shingletown Assessed Value
$203,067
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 Shingletown, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96088 | $55,404 | $120,000 | $203,067 | $301,953 | $407,218 |
Source: Ownwell
Property Tax Bills Across Shingletown, California
In Shingletown, located in Shasta County, CA, property tax bills are calculated based on the assessed value of a home. The assessed value is typically determined by the county assessor and reflects the market value of the property. Homeowners in Shingletown can expect their tax bills to vary significantly, with the 25th percentile tax bill around $1,160 and the 75th percentile reaching up to $3,181. The 90th percentile tax bill can go as high as $4,309. The median home price in Shingletown is $203,067, which influences the overall tax bill. Shingletown's median property tax bill stands at $2,105, aligning closely with the national median property tax rate of 0.99%. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Understanding property tax calculations and their implications can help homeowners in Shingletown better manage their finances and plan for future expenses.
Average Shingletown Tax Bill
$2,105
Average Shasta County Tax Bill
$2,421
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Shingletown, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96088 | $478 | $1,160 | $2,105 | $3,181 | $4,309 |
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 |