Manton, California Property Taxes
The median property tax rate in Manton, CA is 1.01%, 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 $167,323 in Manton, the typical annual property tax bill amounts to $1,321, which is below the national median of $2,690. Property taxes in Manton are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like those for primary residences and agricultural properties. Understanding Manton'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 Manton 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
Manton, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$1,690
$1,568
Ownwell’s Manton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Manton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Manton 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 Manton, California
Property taxes in Manton, CA, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Manton is 1.01%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Manton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manton 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 Manton's effective property tax rate to other counties in California and the national median. For comparison, the 96059 zip code has the highest median property tax rate of 1.01%, while the 96059 zip code has the lowest median tax rate of 1.01%. Understanding how these cities compare with Manton provides valuable insights into the varying tax landscape across Tehama County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Manton Tax Rate
1.01%
Average Tehama County Tax Rate
1.01%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manton, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96059 | 0.85% | 0.98% | 1.01% | 1.03% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Manton, California
In Manton, 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 Tehama 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 Manton, 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 Manton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Manton are both $1,321, found in the 96059 zip code.
Average Manton Assessed Value
$167,323
Average Tehama County Assessed Value
$177,715
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Manton, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96059 | $51,801 | $95,614 | $167,323 | $250,892 | $336,883 |
Source: Ownwell
Property Tax Bills Across Manton, California
In Manton, located in Tehama County, CA, property tax bills are calculated based on the assessed value of a home, which is often influenced by the market value. The median home price in Manton is $167,323. Property tax rates are applied to this assessed value to determine the annual tax bill. For homeowners in Manton, the 25th percentile of property tax bills is $564, while the 75th percentile reaches $2,183, and the 90th percentile climbs to $3,080. These figures highlight the range of property tax obligations within the area. Several factors contribute to the variation in property tax bills, including the home's assessed value, local tax rates, and any applicable exemptions. Property taxes can significantly impact homeowners, as they represent an ongoing expense that must be budgeted for annually. Compared to the national median property tax rate of 0.99%, Manton's rates reflect the local economic conditions and property values, providing a tailored approach to funding community services and infrastructure.
Average Manton Tax Bill
$1,321
Average Tehama County Tax Bill
$1,477
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Manton, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
96059 | $112 | $564 | $1,321 | $2,183 | $3,080 |
Source: Ownwell