Strawberry Valley, California Property Taxes
The median property tax rate in Strawberry Valley, CA is 1.19%, slightly higher than the national median of 0.99% but just below the California state median of 1.21%. With the median home value in Strawberry Valley at $93,828, the typical annual property tax bill comes to $1,105, which is lower than the national median of $2,690. Property taxes in Strawberry Valley are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Strawberry 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 Strawberry Valley or another part of Yuba County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Strawberry Valley, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$1,117
$1,054
Ownwell’s Strawberry Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Strawberry Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Strawberry 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 Strawberry Valley, California
Property taxes in Strawberry Valley, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Strawberry Valley is 1.19%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Strawberry Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Strawberry 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 Strawberry Valley's effective property tax rate to other areas in California and the national median. For comparison, the zip code 95981 has the highest median property tax rate of 1.19%, while the same zip code also has the lowest median tax rate of 1.19%. Understanding how these areas compare with Strawberry 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 Strawberry Valley Tax Rate
1.19%
Average Yuba County Tax Rate
1.21%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Strawberry Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95981 | 1.12% | 1.16% | 1.19% | 1.22% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Strawberry Valley, California
In Strawberry 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'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 Strawberry 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. The median home price in Strawberry Valley is $93,828. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median tax bill in the area ranges from $763 at the 25th percentile to $1,505 at the 75th percentile, with the highest and lowest median tax bill being $1,105 in zip code 95981. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Strawberry Valley, California
Source: Ownwell
$26,800
$187,663
$348,526
Average Strawberry Valley Assessed Value
$93,828
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 Strawberry Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95981 | $21,679 | $62,158 | $93,828 | $128,576 | $182,390 |
Source: Ownwell
Property Tax Bills Across Strawberry Valley, California
Property tax bills in Strawberry Valley, Yuba County, CA, are calculated based on the assessed value of a property. This assessed value is determined by the county assessor and is typically a percentage of the property's market value. For homeowners in Strawberry Valley, the median home price is $93,828. The property tax rate in this area is aligned with the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's assessed value, any applicable exemptions, and local tax rates. For instance, the 25th percentile tax bill in Strawberry Valley is $763, while the 75th percentile tax bill reaches $1,505. At the 90th percentile, homeowners can expect to pay around $2,116. These property taxes significantly impact homeowners by contributing to the overall cost of homeownership. They fund essential local services such as public schools, infrastructure, and emergency services, thereby affecting the quality of life in the community. Understanding how property tax bills are calculated helps homeowners budget effectively and plan for future expenses.
Average Strawberry Valley Tax Bill
$1,105
Average Yuba County Tax Bill
$2,745
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Strawberry Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95981 | $304 | $763 | $1,105 | $1,505 | $2,116 |
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 |