95951 Property Tax Rate

Property owners in ZIP code 95951 (Hamilton City, California) pay a median of $1,771/year in property taxes on homes valued at $313,800. This translates to an effective tax rate of 0.56%, which is 19% below the California state average of 0.69%.

The monthly property tax burden for a median-valued home in 95951 is approximately $148, which factors into escrow payments on mortgages. This ZIP code is located within Glenn County. This is $3,129 less than the California average of $4,900/year.

Compared to similar ZIP codes in California, 95951 has lower property taxes. ZIP codes with similar effective rates include 94114 (0.56%) and 90056 (0.56%).

In Hamilton City, property taxes represent approximately 2.5% of the median household income of $71,331, providing context for the relative tax burden on homeowners in this area.

Under California's Proposition 13, your property will be reassessed to your purchase price at closing, with taxes capped at 1% of that new base value and limited to 2% annual increases thereafter. Glenn County offers a Homeowners' Exemption that reduces your assessed value by a set amount — file with the Glenn County Assessor's office within 30 days of closing to claim it. Contact the Glenn County Assessor to confirm the current exemption amount and request your base year value documentation.