Occidental, California Property Taxes
The median property tax rate in Occidental, CA is 1.17%, higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Occidental at $520,788, the typical annual property tax bill reaches $6,510, significantly exceeding the national median of $2,690. Property taxes in Occidental 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 Occidental'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 Occidental 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
Occidental, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$6,093
$5,755
$1,148
Average Occidental, California Tax Savings
Ownwell’s Occidental Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Occidental with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Occidental 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 Occidental. 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 Occidental, California
Property taxes in Occidental, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Occidental is 1.17%, higher than the U.S. national median of 0.99%. Local government entities within Occidental set these rates annually, and they can vary significantly across different neighborhoods. Each year, Occidental 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 Occidental's effective property tax rate to other counties in California and the national median. For comparison, the 95465 zip code has the highest median property tax rate of 1.17%, while the same zip code also has the lowest median tax rate of 1.17%. Understanding how these cities compare with Occidental provides valuable insights into the varying tax landscape across Sonoma County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Occidental Tax Rate
1.17%
Average Sonoma County Tax Rate
1.15%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Occidental, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95465 | 1.11% | 1.13% | 1.17% | 1.36% | 1.84% |
Source: Ownwell
$1,148
Average Occidental Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Occidental, California
In Occidental, 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 Sonoma 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 Occidental, 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 Occidental is $520,788, with tax bills ranging from $3,346 at the 25th percentile to $14,644 at the 90th percentile. 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 Occidental helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Occidental, California
Source: Ownwell
$24,598
$1,130,232
$2,235,865
Average Occidental Assessed Value
$520,788
Average Sonoma County Assessed Value
$444,836
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Occidental, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95465 | $81,566 | $246,737 | $520,788 | $909,154 | $1,305,777 |
Source: Ownwell
$1,148
Average Occidental Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Occidental, California
In Occidental, Sonoma 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 typically a percentage of the market value, which can fluctuate based on real estate trends. For instance, with a median home price of $520,788, property taxes can vary significantly. Tax bills in the 25th percentile are around $3,346, while those in the 75th percentile can reach up to $10,492. The highest median tax bill in the area is $6,510, which is notably higher than the national median property tax rate of 0.99%. Factors such as property improvements, neighborhood developments, and inflation can impact your assessed value and, consequently, your tax bill. Homeowners in Occidental can benefit from Ownwell's expertise in property tax appeals and exemptions. By analyzing your property’s assessed value and identifying discrepancies or over-assessments, Ownwell can help you potentially lower your tax bill, ensuring you only pay what’s fair.
Average Occidental Tax Bill
$6,510
Average Sonoma County Tax Bill
$5,028
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Occidental, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95465 | $1,647 | $3,346 | $6,510 | $10,492 | $14,644 |
Source: Ownwell
$1,148
Average Occidental 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 | |
|---|---|
| Sonoma Tax Assessor | |
| Website | assr.parcelquest.com |
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