Valley Home, California Property Taxes
The median property tax rate in Valley Home, CA is 1.17%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $1,120,622 in Valley Home, the typical annual property tax bill reaches $13,128, significantly exceeding the national median of $2,690. Property taxes in Valley Home are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Valley Home'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 Valley Home or another part of Stanislaus County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Valley Home, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$13,111
$12,167
Ownwell’s Valley Home Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Valley Home with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Valley Home 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 Valley Home, California
Property taxes in Valley Home, CA, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Valley Home is 1.17%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Valley Home set these rates annually, and they can vary significantly across different neighborhoods. Each year, Valley Home 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 Valley Home's effective property tax rate to other counties in California and the national median. For comparison, the 95361 zip code has the highest median property tax rate of 1.17%, while the same zip code also has the lowest median tax rate of 1.17%. Understanding how these areas compare with Valley Home 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 Valley Home Tax Rate
1.17%
Average Stanislaus County Tax Rate
1.15%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Valley Home, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95361 | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Valley Home, California
In Valley Home, California, understanding the distinction between "market value" and "assessed value" is essential for grasping property taxes. The market value represents 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 Assessor for tax purposes. Conversely, 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 Valley Home, 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 Valley Home helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Valley Home are both $13,128, found in zip code 95361.
Property Tax Assessment Values Across Valley Home, California
Source: Ownwell
$112,275
$616,449
$1,120,622
Average Valley Home Assessed Value
$1,120,622
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 Valley Home, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95361 | $1,120,622 | $1,120,622 | $1,120,622 | $1,120,622 | $1,120,622 |
Source: Ownwell
Property Tax Bills Across Valley Home, California
In Valley Home, located in Stanislaus County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. Factors such as the property's location, size, and improvements can influence the assessed value. Homeowners in Valley Home face a median property tax bill of $13,128, which significantly exceeds the national median property tax rate of 0.99%. This substantial tax bill can impact homeowners by increasing the overall cost of owning property in the area. It is essential for homeowners to understand that their tax bill helps fund local services such as schools, public safety, and infrastructure. Given the high property values in Valley Home, even minor changes in assessed value can lead to significant fluctuations in tax obligations. Homeowners should stay informed about their property's assessed value and consider appealing if they believe it has been over-assessed.
Average Valley Home Tax Bill
$13,128
Average Stanislaus County Tax Bill
$3,056
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Valley Home, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95361 | $13,128 | $13,128 | $13,128 | $13,128 | $13,128 |
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 |