Groveland, Tuolumne County, California Property Taxes
The median property tax rate in Groveland, CA is 1.12%, slightly higher than the national median of 0.99% but lower than California's state median of 1.21%. With the median home value in Groveland at $240,653, the typical annual property tax bill reaches $2,710, which is just above the national median of $2,690. Property taxes in Groveland are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Groveland'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 Groveland 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
Groveland, Tuolumne County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$2,695
$2,501
Ownwell’s Groveland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Groveland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Groveland 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 Groveland, Tuolumne County, California
Property taxes in Groveland, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Groveland is 1.12%, significantly higher than the U.S. national median of 0.99%. Local government entities within Groveland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Groveland 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 Groveland's effective property tax rate to other areas in Tuolumne County and the national median. For comparison, the 95321 zip code has the highest median property tax rate of 1.12%, while the same zip code also has the lowest median tax rate of 1.12%. Understanding how these cities compare with Groveland provides valuable insights into the varying tax landscape across Tuolumne County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Groveland Tax Rate
1.12%
Average Tuolumne County Tax Rate
1.08%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Groveland, Tuolumne County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95321 | 1.10% | 1.10% | 1.12% | 1.14% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Groveland, Tuolumne County, California
In Groveland, 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 Tuolumne 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 Groveland, 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 Groveland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Groveland is $240,653, with tax bills ranging from $1,788 at the 25th percentile to $5,487 at the 90th percentile. The zip code 95321 has the highest and lowest median tax bill at $2,710.
Property Tax Assessment Values Across Groveland, Tuolumne County, California
Source: Ownwell
$87,604
$167,340
$247,075
Average Groveland Assessed Value
$240,653
Average Tuolumne County Assessed Value
$197,472
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Groveland, Tuolumne County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95321 | $83,263 | $157,144 | $240,653 | $352,340 | $493,554 |
Source: Ownwell
Property Tax Bills Across Groveland, Tuolumne County, California
In Groveland, Tuolumne County, CA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor's office. The assessed value typically starts with the purchase price of the home and can be adjusted annually based on market conditions and improvements made to the property. The tax rate is then applied to this assessed value to determine the annual tax bill. Homeowners in Groveland can expect varying tax bills depending on the value of their property. For instance, the 25th percentile tax bill is around $1,788, while the 75th percentile tax bill reaches up to $3,949. At the higher end, the 90th percentile tax bill is approximately $5,487. These figures highlight how tax bills can significantly impact homeowners differently, depending on the value of their homes. With the national median property tax rate at 0.99%, homeowners in Groveland may find their tax bills higher or lower based on local assessments and property values.
Average Groveland Tax Bill
$2,710
Average Tuolumne County Tax Bill
$2,219
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Groveland, Tuolumne County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95321 | $997 | $1,788 | $2,710 | $3,949 | $5,487 |
Source: Ownwell