Adelaide, California Property Taxes
The median property tax rate in Adelaide, CA is 1.05%, 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 Adelaide at $775,595, the typical annual property tax bill reaches $7,767, significantly exceeding the national median of $2,690. Property taxes in Adelaide are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Adelaide'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 Adelaide or another part of San Luis Obispo County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Adelaide, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$8,144
$7,692
Ownwell’s Adelaide Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Adelaide with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adelaide to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Adelaide, California
Property taxes in Adelaide, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Adelaide is 1.05%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Adelaide set these rates annually, and they can vary significantly across different neighborhoods. Each year, Adelaide 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 Adelaide's effective property tax rate to other counties in California and the national median. For comparison, the 93446 zip code has both the highest and lowest median property tax rate of 1.05%. Understanding how these cities compare with Adelaide provides valuable insights into the varying tax landscape across San Luis Obispo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adelaide Tax Rate
1.05%
Average San Luis Obispo County Tax Rate
1.06%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adelaide, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93446 | 1.02% | 1.04% | 1.05% | 1.06% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Adelaide, California
In Adelaide, 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 San Luis Obispo 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 Adelaide, 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 Adelaide helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 93446, with a tax bill of $7,767.
Property Tax Assessment Values Across Adelaide, California
Source: Ownwell
$25,600
$1,162,088
$2,298,576
Average Adelaide Assessed Value
$775,595
Average San Luis Obispo County Assessed Value
$470,020
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adelaide, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93446 | $214,503 | $360,772 | $775,595 | $1,353,058 | $1,852,888 |
Source: Ownwell
Property Tax Bills Across Adelaide, California
In Adelaide, San Luis Obispo County, property tax bills are calculated based on the assessed value of a 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 Adelaide stands at $775,595, and property tax rates are applied to this assessed value to determine the tax bill. The tax rate in Adelaide is influenced by local government budgets and voter-approved measures. Homeowners in Adelaide can expect their tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $3,627, while at the 75th percentile, it reaches $13,038. At the 90th percentile, homeowners could face a tax bill as high as $19,232. These figures illustrate how property taxes can impact homeowners differently based on property values. Comparatively, the national median property tax rate is 0.99%, indicating that Adelaide's property tax bills can be substantially higher, affecting the financial planning and budgeting of homeowners in the area.
Average Adelaide Tax Bill
$7,767
Average San Luis Obispo County Tax Bill
$5,157
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Adelaide, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93446 | $2,336 | $3,627 | $7,767 | $13,038 | $19,232 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| San Luis Obispo Tax Assessor | |
| Website | propertyinquiryportal.slocounty.ca.gov |