Sunset Beach, California Property Taxes
The median property tax rate in Sunset Beach, CA is 1.15%, which is higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Sunset Beach, the typical annual property tax bill reaches $13,227, significantly exceeding the national median of $2,690. Property taxes in Sunset Beach are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence exemption. Understanding Sunset Beach'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 Sunset Beach 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
Sunset Beach, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$13,348
$12,606
$1,148
Average Sunset Beach, California Tax Savings
Ownwell’s Sunset Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sunset Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sunset Beach 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 Sunset Beach. 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 Sunset Beach, California
Property taxes in Sunset Beach, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sunset Beach is 1.15%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Sunset Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sunset Beach 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 Sunset Beach's effective property tax rate to other areas in California and the national median. For comparison, the 90742 zip code has the highest median property tax rate of 1.15%, while the same zip code also has the lowest median tax rate of 1.15%. Understanding how these areas compare with Sunset Beach 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 Sunset Beach Tax Rate
1.15%
Average Orange County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sunset Beach, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90742 | 1.11% | 1.13% | 1.15% | 1.20% | 1.48% |
Source: Ownwell
$1,148
Average Sunset Beach Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Sunset Beach, California
In Sunset Beach, 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 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 Sunset Beach, 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. With a median home price of $1,160,668, the tax bills in Sunset Beach can vary significantly. The 25th percentile tax bill stands at $6,047, while the 75th percentile reaches $20,957, and the 90th percentile soars to $39,603. The highest and lowest median tax bills both occur in the 90742 zip code, each amounting to $13,227. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Sunset Beach, California
Source: Ownwell
$10,700
$1,158,683
$2,306,666
Average Sunset Beach Assessed Value
$1,160,668
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 Sunset Beach, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90742 | $179,136 | $480,316 | $1,160,668 | $1,835,385 | $3,523,921 |
Source: Ownwell
$1,148
Average Sunset Beach Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Sunset Beach, California
In Sunset Beach, CA, property tax bills are calculated based on the assessed value of a home, which is often lower than its market value. The median home price in Sunset Beach is $1,160,668, and property tax rates are applied to this assessed value to determine the tax bill. Factors such as local tax rates and any applicable exemptions or reductions can influence the final amount. Homeowners in Sunset Beach face substantial tax bills, with the 25th percentile at $6,047 and the 90th percentile reaching up to $39,603. The highest and lowest median tax bills both stand at $13,227 in the zip code 90742, reflecting the uniformity in property tax assessments within the area. Ownwell can assist homeowners by identifying potential discrepancies in assessed values and filing appeals to correct over-assessments. By leveraging our expertise in property tax laws and local market conditions, we help homeowners achieve significant savings on their property tax bills, ensuring they only pay their fair share.
Average Sunset Beach Tax Bill
$13,227
Average Orange County Tax Bill
$5,879
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Sunset Beach, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90742 | $2,755 | $6,047 | $13,227 | $20,957 | $39,603 |
Source: Ownwell
$1,148
Average Sunset Beach 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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