View Park, California Property Taxes
The median property tax rate in View Park, CA is 1.28%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in View Park at $525,485, the typical annual property tax bill reaches $6,658, exceeding the national median of $2,690. Property taxes in View Park 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 View Park'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 View Park 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
View Park, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$6,726
$6,352
$1,148
Average View Park, California Tax Savings
Ownwell’s VIEW PARK Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in VIEW PARK with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in VIEW PARK 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 VIEW PARK. 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 View Park, California
Property taxes in View Park, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in View Park is 1.28%, which is higher than the U.S. national median of 0.99%. Local government entities within View Park set these rates annually, and they can vary significantly across different neighborhoods. Each year, View Park 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 View Park's effective property tax rate to other areas in Los Angeles County and the national median. For comparison, the 90008 zip code has the highest median property tax rate of 1.29%, while the 90043 zip code has the lowest median tax rate of 1.28%. Understanding how these areas compare with View Park provides valuable insights into the varying tax landscape across Los Angeles County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average View Park Tax Rate
1.28%
Average Los Angeles County Tax Rate
1.24%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across View Park, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 90008 | 1.19% | 1.22% | 1.29% | 1.43% | 1.82% |
| 90043 | 1.19% | 1.22% | 1.28% | 1.50% | 1.88% |
Source: Ownwell
$1,148
Average View Park Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across View Park, California
In View Park, 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 Los Angeles 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 View Park, 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 example, the highest median tax bill in the area is $7,029 in zip code 90043, while the lowest median tax bill is $5,863 in zip code 90008. 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 View Park helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across View Park, California
Source: Ownwell
$54,919
$1,436,037
$2,817,155
Average View Park Assessed Value
$525,485
Average Los Angeles County Assessed Value
$434,238
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across View Park, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 90008 | $114,982 | $249,145 | $463,458 | $865,382 | $1,223,226 |
| 90043 | $110,216 | $254,214 | $553,454 | $905,670 | $1,235,386 |
Source: Ownwell
$1,148
Average View Park Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across View Park, California
In View Park, Los Angeles County, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. The assessed value is typically a percentage of the market value of the property. Various factors, such as property improvements, location, and market conditions, can influence this value. Homeowners in View Park face a range of tax bills, with the 25th percentile at $3,461 and the 90th percentile reaching up to $14,268. The highest median tax bill in the area is $7,029 in the 90043 zip code, while the lowest is $5,863 in the 90008 zip code, compared to the national median property tax rate of 0.99%. Ownwell can help homeowners in View Park save on their property tax bills by providing expert property tax appeal and exemption services. By reviewing your property's assessed value and identifying potential discrepancies, Ownwell can ensure you are not overpaying on your property taxes, ultimately helping you reduce your annual tax burden.
Average View Park Tax Bill
$6,658
Average Los Angeles County Tax Bill
$5,343
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across View Park, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 90008 | $2,048 | $3,371 | $5,863 | $10,017 | $14,440 |
| 90043 | $2,012 | $3,573 | $7,029 | $10,787 | $14,181 |
Source: Ownwell
$1,148
Average View Park 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 | |
|---|---|
| Los Angeles Tax Assessor | |
| Phone | (213) 974-3211 |
| Website | portal.assessor.lacounty.gov |
| pio@assessor.lacounty.gov | |
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