La Honda, California Property Taxes
The median property tax rate in La Honda, CA is 1.16%, slightly lower than the California state median of 1.21% but still higher than the national median of 0.99%. With the median home value in La Honda at $1,419,090, the typical annual property tax bill reaches $16,424, far exceeding the national median of $2,690. Property taxes in La Honda are calculated based on the assessed value, which often falls below the market value due to exemptions such as primary residence and agricultural exemptions. Understanding La Honda'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 La Honda or another part of Santa Clara County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
La Honda, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$16,461
$15,546
$1,148
Average La Honda, California Tax Savings
Ownwell’s LA HONDA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LA HONDA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LA HONDA 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 LA HONDA. 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 La Honda, California
Property taxes in LA HONDA, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in LA HONDA is 1.16%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within LA HONDA set these rates annually, and they can vary significantly across different neighborhoods. Each year, LA HONDA 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. Understanding how LA HONDA's effective property tax rate compares to other areas in Santa Clara County and the national median provides valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average La Honda Tax Rate
1.16%
Average Santa Clara County Tax Rate
1.31%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across La Honda, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94020 | 1.16% | 1.16% | 1.16% | 1.16% | 1.16% |
Source: Ownwell
$1,148
Average La Honda Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across La Honda, California
In LA HONDA, 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 Clara 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 LA HONDA, 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 LA HONDA helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $16,424 in the 94020 zip code.
Property Tax Assessment Values Across La Honda, California
Source: Ownwell
$41,240
$1,437,154
$2,833,068
Average La Honda Assessed Value
$1,419,090
Average Santa Clara County Assessed Value
$683,381
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across La Honda, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94020 | $1,419,090 | $1,419,090 | $1,419,090 | $1,419,090 | $1,419,090 |
Source: Ownwell
$1,148
Average La Honda Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across La Honda, California
In La Honda, Santa Clara County, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor's office. The median home price in La Honda is $1,419,090, and the property tax rate for Santa Clara County is among the highest in the nation. Homeowners in this area typically see tax bills around $16,424, irrespective of the assessed value percentile, reflecting the county's substantial tax burden compared to the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's assessed value, any applicable exemptions, and local tax rates. This high tax bill can significantly impact homeowners, making it essential to explore ways to reduce it. Ownwell assists homeowners in La Honda by providing expert property tax appeal and exemption services. By analyzing your property's assessment and identifying discrepancies or opportunities for exemptions, Ownwell can help you potentially lower your tax bill, ensuring you only pay your fair share.
Average La Honda Tax Bill
$16,424
Average Santa Clara County Tax Bill
$8,895
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across La Honda, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94020 | $16,424 | $16,424 | $16,424 | $16,424 | $16,424 |
Source: Ownwell
$1,148
Average La Honda 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 | September 16 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Santa Clara Tax Assessor | |
| Phone | (408) 299-5372 |
| Website | www.sccassessor.org |
| dawn.cieslik@asr.sccgov.org | |
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