Whitmore, California Property Taxes
The median property tax rate in Whitmore, CA is 1.04%, 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 Whitmore at $258,450, the typical annual property tax bill reaches $2,539, just below the national median of $2,690. Property taxes in Whitmore 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 Whitmore'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 Whitmore 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
Whitmore, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$2,688
$2,538
Ownwell’s Whitmore Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Whitmore with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Whitmore 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 Whitmore, California
Property taxes in Whitmore, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Whitmore is 1.04%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Whitmore set these rates annually, and they can vary significantly across different neighborhoods. Each year, Whitmore 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 Whitmore's effective property tax rate to other counties in California and the national median. For comparison, the 96096 zip code has the highest median property tax rate of 1.04%, while the lowest median tax rate is also 1.04%. Understanding how these cities compare with Whitmore 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 Whitmore Tax Rate
1.04%
Average Shasta County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Whitmore, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96096 | 1.01% | 1.03% | 1.04% | 1.06% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Whitmore, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Whitmore, California. 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 Shasta County 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. Assessment notices in Whitmore 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 Whitmore helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is $2,539 in the 96096 zip code, while the lowest median tax bill is also $2,539 in the same zip code.
Property Tax Assessment Values Across Whitmore, California
Source: Ownwell
$52,608
$2,032,295
$4,011,982
Average Whitmore Assessed Value
$258,450
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 Whitmore, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96096 | $72,273 | $149,149 | $258,450 | $355,000 | $470,000 |
Source: Ownwell
Property Tax Bills Across Whitmore, California
In Whitmore, located in Shasta County, CA, property tax bills are calculated based on the assessed value of the property. The assessment is typically a percentage of the property's market value, which is determined by the county assessor. For instance, with a median home price of $258,450 in Whitmore, homeowners can expect their tax bill to vary significantly. The 25th percentile tax bill stands at $1,317, while the 75th percentile reaches $3,654, and the 90th percentile can go as high as $4,921. These figures reflect the range of property values and the corresponding taxes homeowners might face. The median property tax rate in Whitmore is comparable to the national median of 0.99%, but individual tax bills can differ based on specific property assessments and any applicable exemptions. Higher property taxes can affect homeowners by increasing their annual costs, but they also contribute to local services and infrastructure, enhancing community living standards.
Average Whitmore Tax Bill
$2,539
Average Shasta County Tax Bill
$2,421
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Whitmore, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96096 | $566 | $1,317 | $2,539 | $3,654 | $4,921 |
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 |