American Canyon, California Property Taxes
The median property tax rate in American Canyon, CA is 1.18%, considerably higher than the national median of 0.99% but slightly below the California state median of 1.21%. With a median home value of $632,605 in American Canyon, the typical annual property tax bill reaches $7,457, significantly exceeding the national median of $2,690. Property taxes in American Canyon are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding American Canyon'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 American Canyon 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
American Canyon, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$7,465
$6,927
Ownwell’s American Canyon Property Tax Bill Calculator assists homeowners, real estate investors, or potential buyers in estimating their annual property taxes in American Canyon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in American Canyon 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 American Canyon, California
Property taxes in American Canyon, CA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in American Canyon is 1.18%, higher than the U.S. national median of 0.99%. Local government entities within American Canyon set these rates annually, and they can vary significantly across different neighborhoods. Each year, American Canyon 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 American Canyon's effective property tax rate to other counties in California and the national median. For comparison, the 94589 zip code has the highest median property tax rate of 5.23%, while the 94503 zip code has the lowest median tax rate of 1.18%. Understanding how these cities compare with American Canyon provides valuable insights into the varying tax landscape across Solano County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average American Canyon Tax Rate
1.18%
Average Solano County Tax Rate
1.20%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across American Canyon, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94503 | 1.15% | 1.17% | 1.18% | 1.23% | 1.28% |
| 94589 | 2.14% | 3.30% | 5.23% | 7.17% | 8.32% |
Source: Ownwell
Property Tax Assessment Values Across American Canyon, California
In American Canyon, 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 Solano 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 American Canyon, 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. The highest median tax bill in American Canyon is $7,816 in the 94503 zip code, while the lowest median tax bill is $3,141 in the 94589 zip code. 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 American Canyon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across American Canyon, California
Source: Ownwell
$99,785
$2,308,375
$4,516,964
Average American Canyon Assessed Value
$632,605
Average Solano County Assessed Value
$342,310
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across American Canyon, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94503 | $278,185 | $343,049 | $664,482 | $864,001 | $1,251,364 |
| 94589 | $48,420 | $104,646 | $198,358 | $292,069 | $348,296 |
Source: Ownwell
Property Tax Bills Across American Canyon, California
In American Canyon, located in Solano County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is generally determined by the market value at the time of purchase, with annual adjustments for inflation not exceeding 2% per year. Homeowners in this region face property tax bills that range significantly, influenced by factors such as property location, size, and improvements. For instance, the median home price in American Canyon stands at $632,605. The tax bill for the 25th percentile is approximately $4,012, while the 75th percentile tax bill reaches up to $11,044. At the 90th percentile, homeowners may see tax bills as high as $14,369. The highest median tax bill in the area can go up to $7,816, specifically in the 94503 zip code. These figures highlight the variability in property tax obligations, which can significantly impact household budgets, especially when compared to the national median property tax rate of 0.99%.
Average American Canyon Tax Bill
$7,457
Average Solano County Tax Bill
$4,342
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across American Canyon, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94503 | $3,605 | $4,217 | $7,816 | $11,926 | $14,383 |
| 94589 | $1,424 | $2,068 | $3,141 | $4,214 | $4,858 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
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