Sierraville, California Property Taxes
The median property tax rate in Sierraville, CA is 1.17%, 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 Sierraville at $278,307, the typical annual property tax bill reaches $3,284, which surpasses the national median of $2,690. Property taxes in Sierraville are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Sierraville'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 Sierraville or another part of Sierra County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sierraville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$3,256
$3,075
Ownwell’s Sierraville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sierraville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sierraville 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 Sierraville, California
Property taxes in Sierraville, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sierraville is 1.17%, which is higher than the U.S. national median of 0.99%. Local government entities within Sierraville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sierraville 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 Sierraville's effective property tax rate to other regions and the national median. For comparison, the zip code 96126 has both the highest and lowest median property tax rate at 1.17%. Understanding how these areas compare with Sierraville 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 Sierraville Tax Rate
1.17%
Average Sierra County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sierraville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96126 | 1.07% | 1.10% | 1.17% | 1.30% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Sierraville, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Sierraville, 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 the Sierra County Assessor's Office 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 Sierraville, 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 Sierraville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 96126 has both the highest and lowest median tax bill, standing at $3,284.
Property Tax Assessment Values Across Sierraville, California
Source: Ownwell
$31,721
$629,076
$1,226,430
Average Sierraville Assessed Value
$278,307
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 Sierraville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96126 | $86,471 | $141,436 | $278,307 | $502,963 | $711,752 |
Source: Ownwell
Property Tax Bills Across Sierraville, California
In Sierraville, Sierra County, CA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor's office. This assessed value is derived from the market value of the home, which is influenced by factors such as location, size, and condition. The tax rate is then applied to this assessed value to determine the annual property tax bill. For homeowners in Sierraville, the median home price is $278,307. With a tax rate that can lead to a median tax bill of around $3,284, homeowners can expect to pay within a range, depending on their property's valuation. Specifically, tax bills can be as low as $1,811 for the 25th percentile and as high as $7,883 for the 90th percentile. These taxes fund local services such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Homeowners must budget for these taxes as part of their annual expenses, ensuring they remain in good standing with local tax authorities.
Average Sierraville Tax Bill
$3,284
Average Sierra County Tax Bill
$2,378
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Sierraville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96126 | $1,256 | $1,811 | $3,284 | $5,447 | $7,883 |
Source: Ownwell