Daly City, California Property Taxes
The median property tax rate in Daly City, CA is 1.30%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Daly City, the typical annual property tax bill reaches $5,967, exceeding the national median of $2,690. Property taxes in Daly City 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 Daly City'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 Daly City 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
Daly City, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
$1,272
$1,148
Average Daly City, California Tax Savings
Ownwell’s Daly City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Daly City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Daly City 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 Daly City. 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 Daly City, California
Property taxes in Daly City, CA, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Daly City is 1.30%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Daly City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Daly City 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 Daly City's effective property tax rate to other counties in California and the national median. For comparison, the 94014 zip code has the highest median property tax rate of 1.31%, while the 94015 zip code has the lowest median tax rate of 1.29%. Understanding how these cities compare with Daly City provides valuable insights into the varying tax landscape across San Mateo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Daly City Tax Rate
1.30%
Average San Mateo County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Daly City, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94014 | 1.20% | 1.24% | 1.31% | 1.45% | 1.75% |
| 94015 | 1.16% | 1.21% | 1.29% | 1.43% | 1.70% |
Source: Ownwell
$1,148
Average Daly City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Daly City, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Daly City, CA. 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 Mateo 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 Daly City, 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 Daly City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill is $6,270 in the 94014 zip code, while the lowest is $5,773 in the 94015 zip code.
Property Tax Assessment Values Across Daly City, California
Source: Ownwell
$310,349
$1,947,376
$3,584,402
Average Daly City Assessed Value
$459,376
Average San Mateo County Assessed Value
$685,382
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Daly City, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94014 | $115,599 | $281,690 | $485,246 | $754,138 | $1,009,954 |
| 94015 | $102,709 | $230,443 | $441,883 | $742,124 | $1,015,051 |
Source: Ownwell
$1,148
Average Daly City Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Daly City, California
In Daly City, San Mateo County, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the market value, and local tax rates are applied to this figure. Homeowners in Daly City face varying property tax bills, with the 25th percentile at $3,451 and the 75th percentile at $9,344. The highest median tax bill in the area, recorded in the 94014 zip code, is $6,270, while the lowest, in the 94015 zip code, is $5,773. These property taxes can be a significant financial burden for homeowners. Ownwell offers property tax appeal and exemption services that can help reduce these costs. By analyzing the assessed value of your home and comparing it to market trends, Ownwell identifies discrepancies and assists in filing appeals to lower your tax bill. This service can lead to substantial savings, providing financial relief and peace of mind for homeowners.
Average Daly City Tax Bill
$5,967
Average San Mateo County Tax Bill
$8,692
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Daly City, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94014 | $1,734 | $3,769 | $6,270 | $9,505 | $12,430 |
| 94015 | $1,827 | $3,255 | $5,773 | $9,235 | $12,512 |
Source: Ownwell
$1,148
Average Daly City 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 | |
|---|---|
| San Mateo Tax Assessor | |
| Website | county-taxes.net |
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