Tehama, California Property Taxes
The median property tax rate in Tehama, CA is 0.96%, slightly below the national median of 0.99% and significantly lower than the California state median of 1.21%. With a median home value of $115,680 in Tehama, the typical annual property tax bill amounts to $1,064, which is considerably less than the national median of $2,690. Property taxes in Tehama are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Tehama'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 Tehama or another part of the county, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tehama, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$1,111
$1,049
Ownwell’s Tehama Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tehama with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tehama 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 Tehama, California
Property taxes in Tehama, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tehama is 0.96%, slightly below the U.S. national median of 0.99%. Local government entities within Tehama set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tehama 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 Tehama's effective property tax rate to other counties in California and the national median. For comparison, the 96090 zip code has the highest median property tax rate of 0.96%, while the same zip code also represents the lowest median tax rate of 0.96%. Understanding how these cities compare with Tehama 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 Tehama Tax Rate
0.96%
Average Tehama County Tax Rate
1.01%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tehama, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96090 | 0.80% | 0.92% | 0.96% | 1.00% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Tehama, California
In Tehama, 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. 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. In Tehama, the median home price is $115,680, with the tax bill at the 25th percentile being $704 and at the 75th percentile being $1,790. The highest and lowest median tax bills are both found in the 96090 zip code, each at $1,064. 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 Tehama helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Tehama Assessed Value
$115,680
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 Tehama, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96090 | $45,655 | $79,267 | $115,680 | $197,059 | $322,780 |
Source: Ownwell
Property Tax Bills Across Tehama, California
In Tehama, CA, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. The assessed value is typically a percentage of the market value of the property. For example, with a median home price of $115,680, homeowners can expect their property tax bill to vary. The 25th percentile tax bill is around $704, while the 75th percentile tax bill reaches $1,790, and the 90th percentile tax bill can go up to $2,878. The highest and lowest median tax bills in the area are both $1,064, specifically in the 96090 zip code. These tax bills are influenced by several factors, including the property's location, any applicable exemptions, and the local tax rate. With the national median property tax rate at 0.99%, the rates in Tehama can significantly impact homeowners' annual expenses. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Tehama Tax Bill
$1,064
Average Tehama County Tax Bill
$1,477
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Tehama, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96090 | $291 | $704 | $1,064 | $1,790 | $2,878 |
Source: Ownwell