Deer Park, California Property Taxes
The median property tax rate in Deer Park, CA is 1.03%, slightly higher than the national median of 0.99% but below California's state median rate of 1.21%. With the median home value in Deer Park at $590,380, the typical annual property tax bill reaches $6,330, far exceeding the national median of $2,690. Property taxes in Deer Park are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Deer Park'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 Deer Park 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
Deer Park, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$6,081
$5,743
Ownwell’s Deer Park Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Deer Park with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Deer Park to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Deer Park, California
Property taxes in Deer Park, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Deer Park is 1.03%, which is higher than the U.S. national median of 0.99%. Local government entities within Deer Park set these rates annually, and they can vary significantly across different neighborhoods. Each year, Deer Park 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 Deer Park's effective property tax rate to other counties in California and the national median. For comparison, the 94576 zip code has the highest median property tax rate of 1.03%, while the same 94576 zip code also has the lowest median tax rate of 1.03%. Understanding how these cities compare with Deer Park provides valuable insights into the varying tax landscape across Napa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Deer Park Tax Rate
1.03%
Average Napa County Tax Rate
1.20%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Deer Park, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94576 | 0.96% | 1.02% | 1.03% | 1.04% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Deer Park, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Deer Park, 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 Napa 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 Deer Park, 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 Deer Park is $590,380, with tax bills ranging significantly. The 25th percentile tax bill is $2,320, while the 75th percentile tax bill reaches $9,855. Notably, the highest median tax bill is $6,330 in the zip code 94576. 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 Deer Park, California
Source: Ownwell
$148,800
$1,176,371
$2,203,942
Average Deer Park Assessed Value
$590,380
Average Napa County Assessed Value
$490,000
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Deer Park, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94576 | $152,225 | $240,918 | $590,380 | $887,043 | $1,373,328 |
Source: Ownwell
Property Tax Bills Across Deer Park, California
In Deer Park, Napa County, CA, property tax bills are determined by the assessed value of the property, which is typically based on the market value at the time of purchase or construction, adjusted annually for inflation. The property tax rate in this region is influenced by local government budgets and voter-approved measures. Homeowners in Deer Park can expect a wide range of tax bills. For instance, the 25th percentile tax bill is around $2,320, while those in the 75th percentile pay approximately $9,855. At the 90th percentile, tax bills can soar to about $14,243. The median home price in Deer Park is $590,380, which plays a significant role in the overall tax calculation. Compared to the national median property tax rate of 0.99%, the rates in Deer Park can vary significantly, impacting homeowners differently based on their property's assessed value. High property taxes can affect affordability and the overall cost of homeownership, making it essential for homeowners to understand their tax liabilities.
Average Deer Park Tax Bill
$6,330
Average Napa County Tax Bill
$5,707
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Deer Park, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94576 | $1,240 | $2,320 | $6,330 | $9,855 | $14,243 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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Napa Tax Assessor | |
Website | common1.mptsweb.com |