Winters, California Property Taxes
The median property tax rate in Winters, CA is 1.19%, slightly higher than the national median of 0.99% but just below the California state median of 1.21%. With a median home value of $329,943 in Winters, the typical annual property tax bill amounts to $3,810, significantly surpassing the national median of $2,690. Property taxes in Winters are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Winters' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Winters 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
Winters, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Winters Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Winters with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Winters 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 Winters, California
Property taxes in Winters, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Winters is 1.19%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Winters set these rates annually, and they can vary significantly across different neighborhoods. Each year, Winters 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 Winters' effective property tax rate to other counties in California and the national median. For comparison, the 95694 zip code has the highest median property tax rate of 1.19%, while the 95694 zip code also has the lowest median tax rate of 1.19%. Understanding how these cities compare with Winters provides valuable insights into the varying tax landscape across Yolo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Winters Tax Rate
1.19%
Average Yolo County Tax Rate
1.24%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Winters, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95694 | 1.10% | 1.19% | 1.19% | 1.22% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Winters, California
In Winters, CA, 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 Yolo 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 Winters, 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 Winters helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 95694 has both the highest and lowest median tax bills, each at $3810.
Average Winters Assessed Value
$329,943
Average Yolo County Assessed Value
$366,325
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Winters, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95694 | $93,752 | $180,048 | $329,943 | $499,800 | $616,515 |
Source: Ownwell
Property Tax Bills Across Winters, California
In Winters, located in Yolo County, CA, property tax bills are calculated based on the assessed value of a home, which is typically determined by the market value of the property at the time of purchase or reassessment. The county applies a tax rate to this assessed value to calculate the annual property tax bill. For reference, the national median property tax rate is 0.99%, but local rates can vary. Homeowners in Winters can expect a range of property tax bills. The 25th percentile tax bill is around $2,129, while the 75th percentile reaches approximately $5,851. For those at the 90th percentile, the tax bill can be as high as $7,147. The highest median tax bill recorded in the area is $3,810, which is also the lowest, indicating a consistent median tax bill for the ZIP code 95694. These property taxes are crucial for funding local services such as schools, infrastructure, and public safety. Understanding how these taxes are calculated helps homeowners better anticipate their financial responsibilities and plan accordingly.
Average Winters Tax Bill
$3,810
Average Yolo County Tax Bill
$4,610
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Winters, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95694 | $1,176 | $2,129 | $3,810 | $5,851 | $7,147 |
Source: Ownwell