Moss Landing, California Property Taxes
The median property tax rate in Moss Landing, CA is 1.09%, which is higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Moss Landing at $535,900, the typical annual property tax bill reaches $4,966, significantly exceeding the national median of $2,690. Property taxes in Moss Landing are based on the tax assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Moss Landing's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Moss Landing 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
Moss Landing, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$5,841
$5,517
Ownwell’s Moss Landing Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Moss Landing with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moss Landing to estimate your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, scroll down to discover more localized information. Your property’s assessed value is the value assigned by Monterey County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Moss Landing, California
Property taxes in Moss Landing, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Moss Landing is 1.09%, which is higher than the U.S. national median of 0.99%. Local government entities within Moss Landing set these rates annually, and they can vary significantly across different neighborhoods. Each year, Moss Landing 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 Moss Landing's effective property tax rate to other areas and the national median. For comparison, the zip code 95039 has both the highest and lowest median property tax rate of 1.09%. Understanding how these cities compare with Moss Landing provides valuable insights into the varying tax landscape across Monterey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moss Landing Tax Rate
1.09%
Average Monterey County Tax Rate
1.11%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moss Landing, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95039 | 1.08% | 1.08% | 1.09% | 1.13% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Moss Landing, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Moss Landing, 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 Monterey County Assessor's Office 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 Moss Landing, 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 Moss Landing helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Moss Landing are both $4,966, found in zip code 95039.
Property Tax Assessment Values Across Moss Landing, California
Source: Ownwell
$16,130
$2,476,499
$4,936,868
Average Moss Landing Assessed Value
$535,900
Average Monterey County Assessed Value
$410,665
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moss Landing, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95039 | $128,989 | $242,043 | $535,900 | $1,003,962 | $1,384,098 |
Source: Ownwell
Property Tax Bills Across Moss Landing, California
In Moss Landing, property tax bills are calculated based on the assessed value of a home, which is determined by the Monterey County Assessor. The assessed value typically starts with the market value of the property at the time of purchase and is adjusted annually for inflation, capped at a 2% increase per year under California's Proposition 13. Additional factors such as local tax rates and any voter-approved bonds or special assessments also influence the final tax bill. For homeowners in Moss Landing, the property tax rate is crucial. While the national median property tax rate stands at 0.99%, the actual tax bill can vary significantly depending on the property's assessed value. For instance, the median home price in Moss Landing is $535,900. At the 25th percentile, tax bills are around $2,092, while at the 75th percentile, they can reach up to $9,520. For those at the 90th percentile, tax bills can soar to $14,371. These costs directly impact homeowners' annual expenses, making it essential to understand how property taxes are calculated and managed.
Average Moss Landing Tax Bill
$4,966
Average Monterey County Tax Bill
$4,500
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Moss Landing, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95039 | $903 | $2,092 | $4,966 | $9,520 | $14,371 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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Property Valuation Date | January 1 |
Appeal Deadline | November 30 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | December 10 |
Due Date #2 | April 10 |
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