Rosemead, California Property Taxes
The median property tax rate in Rosemead, CA is 1.28%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Rosemead at $390,582, the typical annual property tax bill reaches $4,842, exceeding the national median of $2,690. Property taxes in Rosemead 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 Rosemead'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 Rosemead 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
Rosemead, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$4,999
$4,722
$1,148
Average Rosemead, California Tax Savings
Ownwell’s Rosemead Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rosemead with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rosemead 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 Rosemead. 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 Rosemead, California
Property taxes in Rosemead, California, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Rosemead is 1.28%, significantly higher than the U.S. national median of 0.99%. Local government entities within Rosemead set these rates annually, and they can vary across different neighborhoods. Each year, Rosemead 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 Rosemead's effective property tax rate to other areas in Los Angeles County and the national median. For comparison, the zip code 91770 has the highest median property tax rate of 1.28%, while the same zip code also has the lowest median tax rate of 1.28%. Understanding how these figures compare with Rosemead 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 Rosemead Tax Rate
1.28%
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 Rosemead, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 91770 | 1.20% | 1.23% | 1.28% | 1.36% | 1.70% |
| 91772 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,148
Average Rosemead Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Rosemead, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Rosemead, California. 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 Rosemead, 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. For instance, the median home price in Rosemead is $390,582, with property tax bills ranging from $3,021 at the 25th percentile to $9,417 at the 90th percentile. The zip code 91770 has both the highest and lowest median tax bill at $4,843. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Rosemead, California
Source: Ownwell
$54,919
$1,436,037
$2,817,155
Average Rosemead Assessed Value
$390,582
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 Rosemead, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 91770 | $94,895 | $230,291 | $390,582 | $597,229 | $790,703 |
| 91772 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,148
Average Rosemead Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Rosemead, California
In Rosemead, located in Los Angeles County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is typically a percentage of the property's market value. For instance, with a median home price of $390,582, homeowners can expect property taxes to be influenced by this valuation. Factors such as local tax rates, special assessments, and voter-approved bonds also play a role in the final tax bill. Homeowners in Rosemead face varying tax bills, with the 25th percentile at $3,021 and the 75th percentile at $7,166. The highest median tax bill in the area is $4,843, which can be a significant financial burden. Ownwell assists homeowners by providing property tax appeal and exemption services. By reviewing and challenging the assessed values, Ownwell helps ensure that homeowners are not overpaying on their property taxes, potentially saving them hundreds or even thousands of dollars annually.
Average Rosemead Tax Bill
$4,842
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 Rosemead, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 91770 | $1,541 | $3,022 | $4,843 | $7,166 | $9,417 |
| 91772 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,148
Average Rosemead 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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