Browns Valley, California Property Taxes
The median property tax rate in Browns Valley, CA is 1.16%, which is higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Browns Valley at $337,680, the typical annual property tax bill reaches $3,906, surpassing the national median of $2,690. Property taxes in Browns Valley are based on the tax assessed value, which often falls below the market value due to various exemptions like those for primary residences and agricultural land. Understanding Browns Valley'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 Browns Valley 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
Browns Valley, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$3,917
$3,699
Ownwell’s Browns Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Browns Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Browns Valley 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 Browns Valley, California
Property taxes in Browns Valley, CA, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Browns Valley is 1.16%, notably higher than the U.S. national median of 0.99%. Local government entities within Browns Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Browns Valley 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 Browns Valley's effective property tax rate to other counties in California and the national median. For comparison, the 95918 zip code has the highest median property tax rate of 1.16%, while the same zip code also has the lowest median tax rate of 1.16%. Understanding how these cities compare with Browns Valley 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 Browns Valley Tax Rate
1.16%
Average Yuba County Tax Rate
1.21%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Browns Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95918 | 1.12% | 1.14% | 1.16% | 1.19% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Browns Valley, California
In Browns Valley, 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 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 Browns Valley, 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 Browns Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 95918, amounting to $3,906, while the lowest median tax bill is also $3,906 in the same zip code.
Property Tax Assessment Values Across Browns Valley, California
Source: Ownwell
$26,800
$187,663
$348,526
Average Browns Valley Assessed Value
$337,680
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 Browns Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95918 | $108,140 | $205,793 | $337,680 | $477,659 | $598,566 |
Source: Ownwell
Property Tax Bills Across Browns Valley, California
In Browns Valley, Yuba County, CA, property tax bills are calculated based on the assessed value of a home, which is typically determined by the county assessor's office. The assessed value is often a percentage of the home's market value. Homeowners in Browns Valley can expect a median home price of $337,680. The property tax rate in this region is influenced by the local tax rate, which can vary but is generally around the state average. For example, the tax bill for the 25th percentile is approximately $2,399, while the 75th percentile sees bills around $5,643. At the 90th percentile, homeowners might face tax bills as high as $6,965. These figures highlight the range of property tax burdens based on home values and local tax rates. The highest and lowest median tax bills in the area are both $3,906, indicating some consistency within specific ZIP codes. Understanding these factors helps homeowners anticipate their annual financial obligations and plan accordingly.
Average Browns Valley Tax Bill
$3,906
Average Yuba County Tax Bill
$2,745
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Browns Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95918 | $1,284 | $2,399 | $3,906 | $5,643 | $6,965 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
|---|
Links | |
|---|---|
| Yuba Tax Assessor | |
| Website | common1.mptsweb.com |