Llano, California Property Taxes
The median property tax rate in Llano, CA is 1.16%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Llano at $196,850, the typical annual property tax bill reaches $2,116, which is below the national median of $2,690. Property taxes in Llano 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 Llano'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 Llano 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
Llano, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$2,283
$2,157
$1,148
Average Llano, California Tax Savings
Ownwell’s Llano Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Llano with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Llano 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 Llano. 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 Los Angeles County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Llano, California
Property taxes in Llano, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Llano is 1.16%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Llano set these rates annually, and they can vary significantly across different neighborhoods. Each year, Llano 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 Llano's effective property tax rate to other areas in Los Angeles County and the national median. For comparison, the zip code 93544 has both the highest and lowest median property tax rate of 1.16%. Understanding how these areas compare with Llano 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 Llano Tax Rate
1.16%
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 Llano, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93544 | 1.08% | 1.11% | 1.16% | 1.29% | 1.57% |
Source: Ownwell
$1,148
Average Llano Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Llano, California
In Llano, 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 Appraisal District 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 Llano, 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. Notably, the median home price in Llano is $196,850, with tax bills ranging from $908 at the 25th percentile to $4,363 at the 90th percentile. The highest and lowest median tax bills, both at $2,116, are found in zip code 93544. Being aware of these valuation processes in Llano helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Llano Assessed Value
$196,850
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 Llano, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93544 | $34,622 | $82,886 | $196,850 | $313,168 | $412,505 |
Source: Ownwell
$1,148
Average Llano Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Llano, California
In Llano, located in Los Angeles County, CA, property tax bills are calculated based on the assessed value of your home. This assessed value is determined by the Los Angeles County Assessor's office and typically reflects the purchase price of the property, adjusted annually for inflation. The property tax rate in Llano is applied to this assessed value to determine your annual tax bill. Factors such as local levies and special assessments can also influence the final amount. For homeowners in Llano, the impact of property taxes can be significant. With median home prices around $196,850, tax bills can range widely. For example, the 25th percentile tax bill is approximately $908, while the 75th percentile reaches up to $3,378. High-end properties may see tax bills as steep as $4,363. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions. Our experts review your property's assessed value and compare it to market conditions, ensuring you are not overpaying. By leveraging our services, homeowners in Llano can potentially reduce their property tax bills and achieve substantial savings.
Average Llano Tax Bill
$2,116
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 Llano, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93544 | $434 | $908 | $2,116 | $3,378 | $4,363 |
Source: Ownwell
$1,148
Average Llano 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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