Paso Robles, California Property Taxes
The median property tax rate in Paso Robles, CA is 1.10%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $418,676 in Paso Robles, the typical annual property tax bill reaches $4,554, surpassing the national median of $2,690. Property taxes in Paso Robles are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Paso Robles' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Paso Robles or another part of the city, understanding the local property tax system benefits both homeowners and real estate investors.
Last Updated June 14, 2024
Paso Robles, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$4,605
$4,350
Ownwell’s PASO ROBLES Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in PASO ROBLES with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in PASO ROBLES 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 Paso Robles, California
Property taxes in Paso Robles, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Paso Robles stands at 1.10%, which is higher than the U.S. national median of 0.99%. Local government entities within Paso Robles set these rates annually, and they can vary significantly across different neighborhoods. Each year, Paso Robles 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 Paso Robles' effective property tax rate to other areas within San Luis Obispo County and the national median. For comparison, the zip code 93446 has both the highest and lowest median property tax rate of 1.10%. Understanding how these figures compare with Paso Robles provides valuable insights into the varying tax landscape across San Luis Obispo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Paso Robles Tax Rate
1.10%
Average San Luis Obispo County Tax Rate
1.06%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Paso Robles, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93446 | 1.03% | 1.06% | 1.10% | 1.13% | 1.21% |
| 93451 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Paso Robles, California
In Paso Robles, 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 San Luis Obispo 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 Paso Robles, 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. The median home price in Paso Robles stands at $418,676, with tax bills ranging from $2,767 at the 25th percentile to $8,802 at the 90th percentile. Notably, the zip code 93446 has both the highest and lowest median tax bill at $4,555. By understanding 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 Paso Robles helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Paso Robles, California
Source: Ownwell
$25,600
$1,162,088
$2,298,576
Average Paso Robles Assessed Value
$418,676
Average San Luis Obispo County Assessed Value
$470,020
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Paso Robles, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93446 | $155,163 | $259,146 | $418,772 | $597,430 | $796,261 |
| 93451 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Paso Robles, California
In Paso Robles, located in San Luis Obispo County, CA, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The assessed value is often a fraction of the market value and can be influenced by factors such as property improvements and market conditions. California's Proposition 13 also plays a role, capping annual increases in assessed value at 2% unless the property changes ownership. The median home price in Paso Robles is $418,676, which serves as a benchmark for calculating property taxes. The median property tax rate in the area is around 1.09%, slightly above the national median of 0.99%. This means homeowners can expect to pay a median tax bill of approximately $4,555. However, tax bills can vary significantly, ranging from $2,767 at the 25th percentile to $8,802 at the 90th percentile. These variations depend on the specific assessed value of the property and any applicable exemptions. This can have a substantial impact on homeowners, influencing their overall housing costs and financial planning.
Average Paso Robles Tax Bill
$4,554
Average San Luis Obispo County Tax Bill
$5,157
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Paso Robles, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93446 | $1,653 | $2,769 | $4,555 | $6,572 | $8,802 |
| 93451 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| San Luis Obispo Tax Assessor | |
| Website | propertyinquiryportal.slocounty.ca.gov |