Hawthorne, California Property Taxes
The median property tax rate in Hawthorne, CA is 1.33%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Hawthorne at $417,607, the typical annual property tax bill reaches $5,491, significantly exceeding the national median of $2,690. Property taxes in Hawthorne 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 Hawthorne'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 Hawthorne or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hawthorne, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
$1,272
$1,148
Average Hawthorne, California Tax Savings
Ownwell’s Hawthorne Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hawthorne with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hawthorne to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Hawthorne. 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 Hawthorne, California
Property taxes in Hawthorne, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hawthorne is 1.33%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Hawthorne set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hawthorne 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 Hawthorne's effective property tax rate to other regions in California and the national median. For comparison, the zip code 90250 has the highest median property tax rate of 1.33%, while the same zip code also has the lowest median tax rate of 1.33%. Understanding how these figures compare with Hawthorne provides valuable insights into the varying tax landscape across Los Angeles County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hawthorne Tax Rate
1.33%
Average Los Angeles County Tax Rate
1.24%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hawthorne, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90250 | 1.24% | 1.28% | 1.33% | 1.41% | 1.59% |
Source: Ownwell
$1,148
Average Hawthorne Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Hawthorne, California
In Hawthorne, 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 Los Angeles County Assessor 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 Hawthorne, 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. 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 Hawthorne helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median property tax bill in Hawthorne is $5,491, with the zip code 90250 having the same value for both the highest and lowest median tax bill.
Property Tax Assessment Values Across Hawthorne, California
Source: Ownwell
$54,919
$1,436,037
$2,817,155
Average Hawthorne Assessed Value
$417,607
Average Los Angeles County Assessed Value
$434,238
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hawthorne, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90250 | $139,929 | $262,640 | $417,607 | $647,906 | $849,908 |
Source: Ownwell
$1,148
Average Hawthorne Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Hawthorne, California
In Hawthorne, Los Angeles County, property tax bills are calculated based on the assessed value of the home, which is often lower than the market value. The local property tax rate is applied to this assessed value to determine the annual tax bill. For homeowners in Hawthorne, the median home price is $417,607, and property tax bills can vary significantly. The 25th percentile tax bill stands at $3,600, while the 75th percentile reaches $8,157, and the 90th percentile goes up to $10,634. This variance underscores the importance of accurate property assessments. Homeowners in Hawthorne can face substantial tax burdens, especially when their property is over-assessed. This is where Ownwell steps in to help. By providing expert property tax appeal and exemption services, Ownwell ensures that homeowners pay only their fair share. Our team meticulously reviews property assessments and identifies discrepancies, potentially saving homeowners thousands of dollars annually. With Ownwell, you can achieve significant reductions in your property tax bill and gain peace of mind.
Average Hawthorne Tax Bill
$5,491
Average Los Angeles County Tax Bill
$5,343
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Hawthorne, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90250 | $2,087 | $3,600 | $5,491 | $8,157 | $10,634 |
Source: Ownwell
$1,148
Average Hawthorne Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Property Valuation Date | January 1 |
Appeal Deadline | December 2 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | December 10 |
Due Date #2 | April 10 |
Links | |
---|---|
Los Angeles Tax Assessor | |
Phone | (213) 974-3211 |
Website | portal.assessor.lacounty.gov |
pio@assessor.lacounty.gov |
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