Sattley, California Property Taxes
The median property tax rate in Sattley, CA is 1.51%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Sattley at $262,016, the typical annual property tax bill reaches $3,221, exceeding the national median of $2,690. Property taxes in Sattley are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sattley'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 Sattley 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
Sattley, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.51%
Estimate Property Tax Bill
$3,956
$3,671
Ownwell’s Sattley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sattley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sattley 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 Sattley, California
Property taxes in Sattley, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sattley is 1.51%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Sattley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sattley 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 Sattley's effective property tax rate to other counties in California and the national median. For comparison, the 96124 zip code has the highest median property tax rate of 1.51%, while the same zip code also has the lowest median tax rate of 1.51%. Understanding how these cities compare with Sattley provides valuable insights into the varying tax landscape across Sierra County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sattley Tax Rate
1.51%
Average Sierra County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sattley, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96124 | 1.28% | 1.43% | 1.51% | 1.82% | 2.35% |
Source: Ownwell
Property Tax Assessment Values Across Sattley, California
In Sattley, 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 Sierra 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 Sattley, 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 Sattley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Sattley is $262,016, with tax bills ranging from $1,034 at the 25th percentile to $5,882 at the 75th percentile. Notably, the highest and lowest median tax bills are both $3,221, found in zip code 96124.
Average Sattley Assessed Value
$262,016
Average Sierra County Assessed Value
$186,631
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sattley, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96124 | $38,950 | $64,073 | $262,016 | $462,001 | $490,800 |
Source: Ownwell
Property Tax Bills Across Sattley, California
In Sattley, located in Sierra County, CA, property tax bills are determined based on the assessed value of the property. This assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, property size, and market conditions. The local tax rate is then applied to this assessed value to calculate the tax bill. For instance, the median home price in Sattley is $262,016, and the property tax rate in California is generally around 0.76%, which is below the national median of 0.99%. Homeowners in Sattley can expect their property tax bills to vary significantly. The 25th percentile tax bill is approximately $1,034, while the 75th percentile tax bill is around $5,882. At the 90th percentile, tax bills can reach up to $6,995. These variations depend on the specific assessed value of each property and any applicable exemptions or deductions. Understanding these factors can help homeowners better anticipate their annual property tax obligations and plan their finances accordingly.
Average Sattley Tax Bill
$3,221
Average Sierra County Tax Bill
$2,378
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Sattley, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96124 | $775 | $1,034 | $3,221 | $5,882 | $6,995 |
Source: Ownwell