El Granada, California Property Taxes
The median property tax rate in El Granada, CA is 1.22%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in El Granada at $708,214, the typical annual property tax bill reaches $8,681, significantly exceeding the national median of $2,690. Property taxes in El Granada 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 El Granada'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 El Granada or another part of San Mateo County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
El Granada, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$8,640
$8,160
$1,148
Average El Granada, California Tax Savings
Ownwell’s EL GRANADA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in EL GRANADA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in EL GRANADA 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 EL GRANADA. 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 El Granada, California
Property taxes in El Granada, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in El Granada is 1.22%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within El Granada set these rates annually, and they can vary significantly across different neighborhoods. Each year, El Granada 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 El Granada's effective property tax rate to other counties in California and the national median. For comparison, the 94018 zip code has the highest median property tax rate of 1.22%, while the 94018 zip code also has the lowest median tax rate of 1.22%. Understanding how these cities compare with El Granada 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 El Granada Tax Rate
1.22%
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 El Granada, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94018 | 1.16% | 1.18% | 1.22% | 1.31% | 1.56% |
Source: Ownwell
$1,148
Average El Granada Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across El Granada, California
In El Granada, 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 El Granada, 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 El Granada helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in El Granada is $708,214, with the median tax bill at $8,681. The highest and lowest median tax bills are both found in the 94018 zip code.
Property Tax Assessment Values Across El Granada, California
Source: Ownwell
$310,349
$1,947,376
$3,584,402
Average El Granada Assessed Value
$708,214
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 El Granada, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94018 | $179,439 | $404,318 | $708,214 | $1,066,354 | $1,400,917 |
Source: Ownwell
$1,148
Average El Granada Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across El Granada, California
In El Granada, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the San Mateo County Assessor's Office. The assessed value is typically a percentage of the property's market value. Factors such as recent sales of similar properties, improvements, and location are considered in determining this value. The median home price in El Granada is $708,214, and property tax rates are influenced by local levies and state laws. Homeowners in El Granada face a median property tax bill of $8,681, which is significantly higher than the national median rate of 0.99%. This high tax bill can place a substantial financial burden on homeowners. Ownwell helps homeowners save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it to market trends, Ownwell identifies opportunities for tax reductions. Our team handles the entire appeal process, ensuring you pay only your fair share.
Average El Granada Tax Bill
$8,681
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 El Granada, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94018 | $2,873 | $5,314 | $8,681 | $12,628 | $16,259 |
Source: Ownwell
$1,148
Average El Granada 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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