Dana Point, California Property Taxes
The median property tax rate in Dana Point, CA is 1.18%, slightly higher than the national median of 0.99% but just below the California state median of 1.21%. With a median home value of $688,206, the typical annual property tax bill in Dana Point reaches $8,244, significantly exceeding the national median of $2,690. Property taxes here are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence exemption. Understanding Dana Point'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 Dana Point or another part of Orange County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dana Point, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$8,121
$7,670
$1,148
Average Dana Point, California Tax Savings
Ownwell’s Dana Point Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dana Point with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dana Point 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 Dana Point. 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 Dana Point, California
Property taxes in Dana Point, California, are essential in funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Dana Point is 1.18%, which is higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Dana Point set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dana Point 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 Dana Point's effective property tax rate to other areas in Orange County and the national median. For comparison, the 92624 zip code has the highest median property tax rate of 1.23%, while the 92617 zip code has the lowest median tax rate of 1.06%. Understanding how these areas compare with Dana Point provides valuable insights into the varying tax landscape across Orange County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dana Point Tax Rate
1.18%
Average Orange County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dana Point, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92617 | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
92624 | 1.08% | 1.13% | 1.23% | 1.39% | 1.53% |
92629 | 1.06% | 1.11% | 1.18% | 1.32% | 1.52% |
Source: Ownwell
$1,148
Average Dana Point Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Dana Point, California
In Dana Point, 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 Orange 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 Dana Point, 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 Dana Point helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is found in the 92629 zip code at $8,257, while the lowest is in the 92617 zip code at $177.
Property Tax Assessment Values Across Dana Point, California
Source: Ownwell
$10,700
$1,158,683
$2,306,666
Average Dana Point Assessed Value
$688,206
Average Orange County Assessed Value
$514,928
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dana Point, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92617 | $16,646 | $16,646 | $16,646 | $16,646 | $16,646 |
92624 | $197,643 | $338,866 | $627,262 | $919,786 | $1,450,368 |
92629 | $223,854 | $395,773 | $689,063 | $1,132,544 | $2,021,703 |
Source: Ownwell
$1,148
Average Dana Point Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Dana Point, California
In Dana Point, located in Orange County, CA, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. This assessed value is typically a percentage of the market value of the property. The median home price in Dana Point is $688,206, and the property tax rate in Orange County is applied to this assessed value to determine the tax bill. Factors such as location, property size, and improvements can influence the assessed value. For instance, tax bills range from $5,202 at the 25th percentile to $22,383 at the 90th percentile, with the highest median tax bill in the 92629 zip code being $8,257. Homeowners in Dana Point can benefit from Ownwell's property tax appeal and exemption services. By leveraging expert knowledge and local market data, Ownwell helps homeowners identify potential savings and file appeals to lower their assessed values, potentially reducing their annual tax bills significantly. This ensures homeowners are not overpaying and can keep more of their hard-earned money.
Average Dana Point Tax Bill
$8,244
Average Orange County Tax Bill
$5,879
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Dana Point, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92617 | $177 | $177 | $177 | $177 | $177 |
92624 | $2,739 | $4,927 | $7,660 | $10,950 | $16,242 |
92629 | $3,217 | $5,208 | $8,257 | $12,966 | $22,403 |
Source: Ownwell
$1,148
Average Dana Point 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 | |
---|---|
Orange Tax Assessor | |
Phone | (714) 834-2331 |
Website | assr.parcelquest.com |
taxpayeradvocate@asr.ocgov.com |
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