Chico, Modoc County, California Property Taxes

Name: Property Tax Bills Across Chico, Modoc County, California
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Chico, CA effective property tax rate: 1.12%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Chico, CA home value: $59,139
Median annual Chico, CA tax bill: $604, $1,796 lower than the national median property tax bill of $2,400.

How are property taxes in Modoc calculated?

Property taxes in Chico, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Chico’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chico, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Chico, Modoc County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.12%

Estimate Property Tax Bill

$662

$615

Ownwell’s Chico Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chico with just two data points. By entering your property's estimated assessed value, our calculator applies Chico’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Modoc. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Chico, Modoc County, California

Local government entities determine tax rates, which can differ significantly even within a single state. Each year, counties estimate their necessary budget to provide public services and divide this amount by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and regulations play a role in setting these rates and budgets, this is essentially the annual process.

In Chico, located in Modoc County, property tax rates reflect these localized decisions. Chico's effective property tax rate can be compared to other cities in California and the broader median property tax rates in the state and across the U.S. The median property tax rate in California is 1.12%, slightly higher than the national median of 1.02%. This comparison highlights how property tax rates in Chico may differ from other regions, emphasizing the importance of understanding local tax obligations. By knowing these rates, property owners can better anticipate their annual tax responsibilities and make informed decisions about property investments and appeals.

Property Tax Rates Across Chico, Modoc County, California

Source: Ownwell

1.01%

1.12%

1.23%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Chico Tax Rate

1.12%

Median Effective Modoc County Tax Rate

1.11%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chico, Modoc County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
95928	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Chico, Modoc County, California

When examining property taxes in Chico, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Modoc County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Modoc County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Chico. For example, the median home price in Chico is $59,139, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Chico, Modoc County, California

Source: Ownwell

$44,592

$119,339

$194,086

Median Chico Market Value

$59,139

Median Modoc County Market Value

$83,080

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chico, Modoc County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
95928	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Chico, Modoc County, California

In Chico, located in Modoc County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the property tax rate to compute the annual tax bill. Factors influencing the assessed value include the property's market value and any improvements made. The median tax bill in this area is significantly below the national median of $2,400, with a 25th percentile bill of $455 and a 75th percentile of $1,442. However, some homeowners may face bills as high as $2,842, which can be a financial burden. Ownwell provides expert property tax appeal services, helping homeowners potentially reduce their tax obligations. By analyzing property assessments and identifying discrepancies, Ownwell's team can assist in filing appeals that may lead to significant savings. This service ensures homeowners are not overpaying on their property taxes, offering peace of mind and financial relief.

Property Tax Bills Across Chico, Modoc County, California

Source: Ownwell

$488

$1,257

$2,026

Median Chico Tax Bill

$604

Median Modoc County Tax Bill

$948

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Chico, Modoc County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
95928	N/A	N/A	N/A	N/A	N/A

Source: Ownwell