Arboga, California Property Taxes
The median property tax rate in Arboga, CA is 1.21%, aligning with the state median but higher than the national median of 0.99%. With a median home value of $26,800, the typical annual property tax bill in Arboga is $324, which is significantly lower than the national median of $2,690. Property taxes in Arboga are calculated based on the assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Arboga'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 Arboga or another part of Yuba County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arboga, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$324
$301
Ownwell’s Arboga Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arboga with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arboga 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 Arboga, California
Property taxes in Arboga, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arboga is 1.21%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Arboga set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arboga 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 Arboga's effective property tax rate to other counties in California and the national median. For comparison, the 95961 zip code has the highest median property tax rate of 1.21%, while the 95961 zip code also has the lowest median tax rate of 1.21%. Understanding how these cities compare with Arboga provides valuable insights into the varying tax landscape across Yuba County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arboga Tax Rate
1.21%
Average Yuba County Tax Rate
1.21%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arboga, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95961 | 1.21% | 1.21% | 1.21% | 1.21% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Arboga, California
In Arboga, 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 Yuba County Assessor's Office 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 Arboga, 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 Arboga helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 95961 reports the highest and lowest median tax bills, both at $324.
Average Arboga Assessed Value
$26,800
Average Yuba County Assessed Value
$213,532
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arboga, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95961 | $26,800 | $26,800 | $26,800 | $26,800 | $26,800 |
Source: Ownwell
Property Tax Bills Across Arboga, California
In Arboga, located in Yuba County, CA, property tax bills are determined by several key factors. The primary component is the assessed value of the property, which is based on the market value. For instance, the median home price in Arboga is $26,800. The tax rate is then applied to this assessed value to calculate the annual property tax bill. In Arboga, the median property tax bill is $324, which is significantly lower than the national median property tax rate of 0.99%. This relatively low tax bill can be attributed to the lower property values in the area. Homeowners in Arboga can expect their tax bills to fall within a narrow range, as evidenced by the 25th, 75th, and 90th percentile tax bills all being $324. This predictable and modest tax burden can make homeownership in Arboga more affordable, allowing residents to allocate more of their budget towards other expenses or investments.
Average Arboga Tax Bill
$324
Average Yuba County Tax Bill
$2,745
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Arboga, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95961 | $324 | $324 | $324 | $324 | $324 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Yuba Tax Assessor | |
| Website | common1.mptsweb.com |