Sheridan, Placer County, California Property Taxes
Property Taxes in Sheridan, California
Median Sheridan, California effective property tax rate: 1.05%, significantly lower than the national median of 1.02%, and lower than the California state median of 1.21%.
Median Sheridan, California home value: $281,935
Median annual Sheridan, California tax bill: $3,712, higher by $1,312 than the national median property tax bill of $2,400.
How are property taxes in Placer calculated?
Property taxes in Sheridan, California 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 Sheridan's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sheridan, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Sheridan, Placer County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.05%
Estimate Property Tax Bill
$2,960
$2,747
How Does the Sheridan Property Tax Calculator Work?
Use this Sheridan property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Sheridan's median effective tax rate of 1.05% — based on actual property records in Placer County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Sheridan's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Sheridan's median effective tax rate is lower than California's 1.21% state median rate, but the median property tax bill is $3,712, which is $1,312 higher than the state median bill. Your bill may vary by ZIP code within Sheridan, with both the highest and lowest median tax bill at $3,712 in 95681.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Sheridan.
About Sheridan Property Taxes
About Property Taxes in Sheridan, Placer, California
Sheridan’s median effective property tax rate of 1.05% is lower than the California state median of 1.21% and higher than the national median of 1.02%. This rate reflects the Placer County base levy combined with local school district levies and Mello-Roos Community Facility Districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Sheridan. Homeowners in the 95681 ZIP code carry a median effective rate of 1.05%, while those in the same ZIP also pay 1.05%. This reflects how school district boundaries and local assessment districts are drawn across Placer County. Understanding which part of Sheridan you live in can make a meaningful difference to your annual tax bill.
Sheridan homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the November 30, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Sheridan, Placer County, California
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Sheridan's effective property tax rate to other cities in California and the median property tax rates in California and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Sheridan Tax Rate
1.05%
Our median effective property tax rate (tax bill Ă· 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 Placer County Tax Rate
1.12%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sheridan, Placer County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95681 | 1.00% | 1.02% | 1.05% | 1.77% | 2.72% |
Source: Ownwell
Property Tax Assessment Values Across Sheridan, Placer County, California
When examining property taxes in Sheridan, California, 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 Placer County assessment 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.
Assessment notices:
In Placer County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of July.
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. For Sheridan homeowners, the median home price is $281,935, and the median tax bill is $3,712, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. Tax bills range significantly across the county, and 95681 has the highest median home price at $281,935.
Property Tax Assessment Values Across Sheridan, Placer County, California
Source: Ownwell
$183,200
$587,748
$992,295
Median Sheridan Market Value
$281,935
Median Placer County Market Value
$506,842
Median California Market Value
$427,605
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sheridan, Placer County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95681 | $91,336 | $152,573 | $281,935 | $451,012 | $655,677 |
Source: Ownwell
Property Tax Bills Across Sheridan, Placer County, California
Property tax bills in Sheridan are based on the assessed value of a home, not its market price. Local taxing authorities apply the property tax rate to that assessed value to determine the annual bill, and the amount can vary depending on exemptions, local levies, and district funding needs.
With a median home price of $281,935, homeowners in Sheridan face property tax bills that can differ widely. The 25th percentile tax bill is $2,690, while the 75th percentile reaches $5,233 and the 90th percentile climbs to $6,588. The median tax bill is $3,712, which is above the national median property tax bill of $2,400 and reflects the higher local burden.
For homeowners, this means property taxes can have a meaningful impact on monthly housing costs and long-term affordability. Even small changes in assessed value or local tax rates can increase the bill, making it important to understand how the calculation works and how it affects overall homeownership costs.
Median Sheridan Tax Bill
$3,712
Median Placer County Tax Bill
$5,928
Median California Tax Bill
$5,134
Median United States Tax Bill
$2,400
Property Tax Bills Across Sheridan, Placer County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95681 | $1,930 | $2,690 | $3,712 | $5,233 | $6,588 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Placer Tax Assessor | |
| Website | common1.mptsweb.com |