Clipper Mills, California Property Taxes
The median property tax rate in Clipper Mills, CA is 1.42%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Clipper Mills at $311,563, the typical annual property tax bill reaches $4,873, exceeding the national median of $2,690. Property taxes in Clipper Mills 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 Clipper Mills'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 Clipper Mills 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
Clipper Mills, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.42%
Estimate Property Tax Bill
$4,424
$4,106
Ownwell’s Clipper Mills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clipper Mills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clipper Mills 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 Clipper Mills, California
Property taxes in Clipper Mills, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clipper Mills is 1.42%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Clipper Mills set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clipper Mills 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 Clipper Mills' effective property tax rate to other counties in California and the national median. For comparison, the 95930 zip code has the highest median property tax rate of 1.42%, while the same zip code also has the lowest median tax rate of 1.42%. Understanding how these cities compare with Clipper Mills 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 Clipper Mills Tax Rate
1.42%
Average Yuba County Tax Rate
1.21%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clipper Mills, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95930 | 1.18% | 1.27% | 1.42% | 1.57% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Clipper Mills, California
In Clipper Mills, 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. Assessment notices in Clipper Mills 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 Clipper Mills helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Clipper Mills are both $4,873, found in the zip code 95930.
Property Tax Assessment Values Across Clipper Mills, California
Source: Ownwell
$26,800
$187,663
$348,526
Average Clipper Mills Assessed Value
$311,563
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 Clipper Mills, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95930 | $190,313 | $235,782 | $311,563 | $387,344 | $432,813 |
Source: Ownwell
Property Tax Bills Across Clipper Mills, California
In Clipper Mills, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the Yuba County Assessor's Office and typically reflects a percentage of the property's market value. Various factors, including the property's location, size, and condition, influence this assessed value. Homeowners in Clipper Mills can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $3,329, while at the 75th percentile, it reaches $6,417. At the 90th percentile, it can go up to $7,344. These figures show how property taxes can impact homeowners differently, depending on the value of their properties. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding how Clipper Mills' property taxes align on a broader scale. Overall, understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Clipper Mills Tax Bill
$4,873
Average Yuba County Tax Bill
$2,745
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Clipper Mills, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95930 | $2,403 | $3,329 | $4,873 | $6,417 | $7,344 |
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 |