Yreka, California Property Taxes
The median property tax rate in Yreka, CA is 1.02%, slightly higher than the national median of 0.99% but lower than California's state median of 1.21%. With a median home value of $158,725, the typical annual property tax bill in Yreka amounts to $1,520, which is below the national median of $2,690. Property taxes in Yreka are determined based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Gaining a thorough understanding of Yreka'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 Yreka or another part of Siskiyou County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Yreka, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$1,619
$1,529
Ownwell’s Yreka Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Yreka with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Yreka 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 Yreka, California
Property taxes in Yreka, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Yreka is 1.02%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Yreka set these rates annually, and they can vary significantly across different neighborhoods. Each year, Yreka 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 Yreka's effective property tax rate to other counties in California and the national median. For comparison, the 96097 zip code has the highest median property tax rate of 1.02%, while the same zip code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Yreka provides valuable insights into the varying tax landscape across Siskiyou County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Yreka Tax Rate
1.02%
Average Siskiyou County Tax Rate
1.04%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Yreka, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96097 | 0.93% | 0.98% | 1.02% | 1.03% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Yreka, California
In Yreka, 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 Siskiyou 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 Yreka, 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 Yreka helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Yreka, the zip code 96097 has both the highest and lowest median tax bill at $1,520, reflecting the local property tax landscape.
Average Yreka Assessed Value
$158,725
Average Siskiyou County Assessed Value
$148,062
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Yreka, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96097 | $65,980 | $100,504 | $158,725 | $231,628 | $326,166 |
Source: Ownwell
Property Tax Bills Across Yreka, California
In Yreka, located in Siskiyou County, CA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. For homeowners in Yreka, the median home price stands at $158,725. The property tax rate in this region is applied to the assessed value to determine the annual tax bill. Several factors influence the final tax bill, including property improvements, market conditions, and any applicable exemptions or deductions. Homeowners in Yreka can expect tax bills to vary significantly. For instance, the 25th percentile tax bill is around $951, while the 75th percentile tax bill reaches approximately $2,240. At the higher end, the 90th percentile tax bill can go up to $3,157. The median tax bill in Yreka is $1,520, which is above the national median property tax rate of 0.99%. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Yreka Tax Bill
$1,520
Average Siskiyou County Tax Bill
$1,470
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Yreka, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96097 | $594 | $951 | $1,520 | $2,240 | $3,157 |
Source: Ownwell