Sutter, California Property Taxes
The median property tax rate in Sutter, CA is 1.08%, 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 $204,888 in Sutter, the typical annual property tax bill amounts to $2,216, which is below the national median of $2,690. Property taxes in Sutter are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sutter'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 Sutter or another part of the county, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sutter, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,213
$2,090
Ownwell’s Sutter Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sutter with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sutter 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 Sutter, California
Property taxes in Sutter, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sutter is 1.08%, which is higher than the U.S. national median of 0.99%. Local government entities within Sutter set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sutter 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 Sutter's effective property tax rate to other areas and the national median. For comparison, the zip code 95982 has the highest median property tax rate of 1.08%, while the same zip code also has the lowest median tax rate of 1.08%. Understanding how these figures compare with Sutter provides valuable insights into the varying tax landscape across the county, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sutter Tax Rate
1.08%
Average Sutter County Tax Rate
1.18%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sutter, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95982 | 1.04% | 1.06% | 1.08% | 1.10% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Sutter, California
In Sutter, 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 Sutter 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 Sutter, 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 Sutter helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 95982 has both the highest and lowest median tax bill at $2,216.
Average Sutter Assessed Value
$204,888
Average Sutter County Assessed Value
$241,361
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sutter, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95982 | $66,448 | $120,624 | $204,888 | $343,183 | $522,412 |
Source: Ownwell
Property Tax Bills Across Sutter, California
In Sutter, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is typically a percentage of the market value of the property. For instance, with a median home price of $204,888, the tax bill can vary significantly. Factors such as property location, improvements, and market conditions play a crucial role in determining the assessed value. Homeowners in Sutter can expect their property tax bills to range widely. At the 25th percentile, a tax bill is around $1,324, while at the 75th percentile, it can go up to $3,713. For those at the 90th percentile, tax bills can reach as high as $5,727. These figures illustrate the variability and potential financial impact on homeowners. Compared to the national median property tax rate of 0.99%, Sutter's property tax rates and bills highlight the importance of understanding local tax assessments and their implications.
Average Sutter Tax Bill
$2,216
Average Sutter County Tax Bill
$2,986
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Sutter, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95982 | $711 | $1,324 | $2,216 | $3,713 | $5,727 |
Source: Ownwell