Chico, Tehama County, California Property Taxes
Median Chico, CA effective property tax rate: 1.06%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Chico, CA home value: $66,073
Median annual Chico, CA tax bill: $619, $1,781 lower than the national median property tax bill of $2,400.
How are property taxes in Tehama County calculated?
Property taxes in Chico, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Chico’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chico, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Chico, Tehama County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.06%
Estimate Property Tax Bill
$700
$650
Property Tax Rates Across Chico, Tehama County, California
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Chico, located in Tehama County, California, has an effective property tax rate that matches the state median. The rate stands slightly above the national median property tax rate of 1.02%. This means homeowners in Chico may experience property tax bills that are relatively higher than the national average of $2400. However, compared to other cities within California, Chico's tax rate remains competitive. California's property tax rates are known for their consistency due to Proposition 13, which limits annual increases. For homeowners in Chico, understanding these rates can be beneficial in financial planning and evaluating the overall cost of homeownership. By staying informed, property owners can make educated decisions and potentially explore options for appealing or reducing their property tax burden.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Chico Tax Rate
1.06%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Tehama County Tax Rate
1.01%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Chico, Tehama County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95926 | N/A | N/A | N/A | N/A | N/A |
| 95973 | 0.96% | 0.99% | 1.06% | 1.07% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Chico, Tehama County, California
When examining property taxes in Chico, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Tehama County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Tehama County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Chico. For example, the median home price in Chico is $66,073, with tax bills ranging significantly across the county. 95973 has the highest median home price at $66,073.
Property Tax Assessment Values Across Chico, Tehama County, California
Source: Ownwell
$27,922
$159,892
$291,862
Median Chico Market Value
$66,073
Median Tehama County Market Value
$177,715
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Chico, Tehama County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95926 | N/A | N/A | N/A | N/A | N/A |
| 95973 | $24,334 | $43,186 | $66,073 | $177,856 | $256,793 |
Source: Ownwell
Property Tax Bills Across Chico, Tehama County, California
In Chico, located in Tehama County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Chico experience a range of tax bills, with the 25th percentile at $395 and the 75th percentile reaching $1,635. For those in the 90th percentile, tax bills can soar to $2,426, surpassing the national median property tax bill of $2,400. The property tax rate and assessed value are crucial factors that influence the final tax bill, impacting homeowners' financial planning.
Homeowners in Chico can benefit from Ownwell's expertise in property tax appeals and exemptions. By leveraging local market data and assessment trends, Ownwell helps ensure that properties are not over-assessed, potentially reducing tax liabilities. This service can lead to significant savings, particularly for those with higher assessed values, providing peace of mind and financial relief.
Median Chico Tax Bill
$619
Median Tehama County Tax Bill
$1,477
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Chico, Tehama County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95926 | N/A | N/A | N/A | N/A | N/A |
| 95973 | $220 | $418 | $620 | $1,681 | $2,460 |
Source: Ownwell