Hickman, California Property Taxes
The median property tax rate in Hickman, CA is 1.21%, which is considerably higher than the national median of 0.99% but aligns with the California state median of 1.21%. With the median home value in Hickman at $195,440, the typical annual property tax bill is $2,415, slightly below the national median of $2,690. Property taxes in Hickman are calculated based on the assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Hickman'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 Hickman or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hickman, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,365
$2,233
Ownwell’s Hickman Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hickman with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hickman 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 Hickman, California
Property taxes in Hickman, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hickman is 1.21%, which is higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Hickman set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hickman 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 Hickman's effective property tax rate to other counties in California and the national median. For comparison, the 95323 zip code has the highest median property tax rate of 1.21%, while the same zip code also has the lowest median tax rate of 1.21%. Understanding how these cities compare with Hickman provides valuable insights into the varying tax landscape across Stanislaus County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hickman Tax Rate
1.21%
Average Stanislaus County Tax Rate
1.15%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hickman, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95323 | 1.12% | 1.16% | 1.21% | 1.34% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Hickman, California
In Hickman, 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 Stanislaus County Appraisal District 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 Hickman, 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. For instance, the median home price in Hickman is $195,440, with tax bills ranging from $1,440 at the 25th percentile to $5,338 at the 90th percentile. Notably, the highest and lowest median tax bills are both $2,415, found in the 95323 zip code. By understanding 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 Hickman helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hickman Assessed Value
$195,440
Average Stanislaus County Assessed Value
$255,442
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hickman, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95323 | $74,110 | $109,146 | $195,440 | $318,957 | $476,005 |
Source: Ownwell
Property Tax Bills Across Hickman, California
In Hickman, property tax bills are calculated based on the assessed value of a home, which is determined by the Stanislaus County Assessor's Office. The assessed value typically starts with the market value of the property at the time of purchase and can be adjusted annually based on changes in the market and specific local regulations. Hickman homeowners pay property taxes at a rate influenced by various factors, including the median home price of $195,440. Tax bills can vary significantly; the 25th percentile tax bill is $1,440, while the 75th percentile tax bill reaches $3,668. For those in the 90th percentile, tax bills can go as high as $5,338. This range indicates how property values and the corresponding tax assessments can impact homeowners differently. The highest median tax bill in the area is $2,415, which aligns with the national median property tax rate of 0.99%. Understanding these factors helps homeowners anticipate their financial responsibilities and manage their budgets effectively.
Average Hickman Tax Bill
$2,415
Average Stanislaus County Tax Bill
$3,056
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Hickman, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95323 | $1,108 | $1,440 | $2,415 | $3,668 | $5,338 |
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 |
Links | |
|---|---|
| Stanislaus Tax Assessor | |
| Website | secure.stancounty.com |