Goleta, California Property Taxes
The median property tax rate in Goleta, CA is 1.11%, 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 $528,926, the typical annual property tax bill in Goleta reaches $5,810, significantly exceeding the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence exemption. Understanding Goleta'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 Goleta or another part of Santa Barbara County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Goleta, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$5,871
$5,545
$1,148
Average Goleta, California Tax Savings
Ownwell’s Goleta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Goleta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Goleta 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 Goleta. 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 Goleta, California
Property taxes in Goleta, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Goleta is 1.11%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Goleta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Goleta 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 Goleta's effective property tax rate to other counties in California and the national median. For comparison, the 93117 zip code has the highest median property tax rate of 1.11%, while the 93460 zip code has the lowest median tax rate of 1.05%. Understanding how these cities compare with Goleta provides valuable insights into the varying tax landscape across Santa Barbara County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Goleta Tax Rate
1.11%
Average Santa Barbara County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Goleta, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93117 | 1.06% | 1.08% | 1.11% | 1.19% | 1.38% |
| 93460 | 1.05% | 1.05% | 1.05% | 1.05% | 1.05% |
Source: Ownwell
$1,148
Average Goleta Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Goleta, California
In Goleta, 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 Santa Barbara 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 Goleta, 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. For instance, the highest median tax bill in Goleta is $5,810 in the 93117 zip code, while the lowest median tax bill is $5,659 in the 93460 zip code. Being aware of these valuation processes in Goleta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Goleta Assessed Value
$528,926
Average Santa Barbara County Assessed Value
$420,000
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Goleta, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93117 | $118,773 | $266,428 | $528,916 | $857,759 | $1,143,052 |
| 93460 | $541,108 | $541,108 | $541,108 | $541,108 | $541,108 |
Source: Ownwell
$1,148
Average Goleta Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Goleta, California
In Goleta, located in Santa Barbara County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the Santa Barbara County Assessor's Office. The assessed value is typically a percentage of the property's market value, adjusted annually. Homeowners in Goleta face varying property tax bills, with the 25th percentile at $3,104 and the 75th percentile reaching $9,105. The highest median tax bill in the region is $5,810, found in ZIP code 93117. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. With a national median property tax rate of 0.99%, Goleta's property taxes can significantly impact homeowners, particularly those with higher-valued properties. Ownwell can help homeowners in Goleta save on their property tax bills by providing expert property tax appeal and exemption services. By thoroughly reviewing assessments and identifying potential errors or opportunities for exemptions, Ownwell ensures homeowners pay only their fair share, potentially saving them thousands of dollars annually.
Average Goleta Tax Bill
$5,810
Average Santa Barbara County Tax Bill
$4,701
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Goleta, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93117 | $1,681 | $3,104 | $5,810 | $9,105 | $11,764 |
| 93460 | $5,659 | $5,659 | $5,659 | $5,659 | $5,659 |
Source: Ownwell
$1,148
Average Goleta 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 | |
|---|---|
| Santa Barbara Tax Assessor | |
| Website | www.sbcvote.com |
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