Brisbane, California Property Taxes
The median property tax rate in Brisbane, CA is 1.17%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Brisbane, the typical annual property tax bill reaches $7,941, exceeding the national median of $2,690. Property taxes in Brisbane are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence exemption. Understanding Brisbane'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 Brisbane 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
Brisbane, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$7,968
$7,525
$1,148
Average Brisbane, California Tax Savings
Ownwell’s Brisbane Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brisbane with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brisbane 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 Brisbane. 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 Brisbane, California
Property taxes in Brisbane, California, play a crucial role in financing essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Brisbane is 1.17%, which is significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Brisbane set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brisbane 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 Brisbane's effective property tax rate to other counties in California and the national median. For comparison, the 94005 zip code has the highest median property tax rate of 1.17%, while the 94005 zip code also has the lowest median tax rate of 1.17%. Understanding how these cities compare with Brisbane provides valuable insights into the varying tax landscape across San Mateo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brisbane Tax Rate
1.17%
Average San Mateo County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brisbane, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94005 | 1.13% | 1.15% | 1.17% | 1.20% | 1.29% |
Source: Ownwell
$1,148
Average Brisbane Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Brisbane, California
In Brisbane, 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 Mateo 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 Brisbane, 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. The median home price in Brisbane is $681,060, with tax bills ranging from $4,644 at the 25th percentile to $15,999 at the 90th percentile. The zip code 94005 has both the highest and lowest median tax bill, which stands at $7,941. 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 Brisbane helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Brisbane, California
Source: Ownwell
$310,349
$1,947,376
$3,584,402
Average Brisbane Assessed Value
$681,060
Average San Mateo County Assessed Value
$685,382
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brisbane, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94005 | $168,871 | $385,907 | $681,060 | $988,106 | $1,406,274 |
Source: Ownwell
$1,148
Average Brisbane Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Brisbane, California
In Brisbane, property tax bills are calculated based on the assessed value of a home, which is determined by the San Mateo County Assessor's Office. The assessed value typically starts with the market value of the property at the time of purchase and is subject to annual increases capped by state law. Homeowners in Brisbane experience a median property tax bill of $7,941, which can vary significantly, with the 25th percentile at $4,644 and the 75th percentile at $11,323. This variation is influenced by factors such as property improvements, neighborhood changes, and overall market trends. For homeowners, high property tax bills can be a financial burden. Ownwell provides expert property tax appeal and exemption services to help reduce these costs. By thoroughly analyzing your property's assessed value and comparing it with market trends, Ownwell identifies opportunities for tax reductions. This personalized approach ensures that homeowners in Brisbane can potentially save thousands on their property tax bills, easing their financial load and providing peace of mind.
Average Brisbane Tax Bill
$7,941
Average San Mateo County Tax Bill
$8,692
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Brisbane, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94005 | $2,135 | $4,644 | $7,941 | $11,323 | $15,999 |
Source: Ownwell
$1,148
Average Brisbane 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 | |
|---|---|
| San Mateo Tax Assessor | |
| Website | county-taxes.net |
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