Santa Barbara, California Property Taxes
The median property tax rate in Santa Barbara, 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 Santa Barbara at $765,885, the typical annual property tax bill reaches $7,855, significantly exceeding the national median of $2,690. Property taxes in Santa Barbara are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Santa Barbara'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 Santa Barbara 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
Santa Barbara, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$8,042
$7,595
$1,148
Average Santa Barbara, California Tax Savings
Ownwell’s Santa Barbara Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Santa Barbara with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Santa Barbara 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 Santa Barbara. 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 Santa Barbara, California
Property taxes in Santa Barbara, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Santa Barbara is 1.05%, higher than the U.S. national median of 0.99%. Local government entities within Santa Barbara set these rates annually, and they can vary significantly across different neighborhoods. Each year, Santa Barbara 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 Santa Barbara's effective property tax rate to other areas and the national median. For comparison, the 93111 zip code has the highest median property tax rate of 1.12%, while the 93109 zip code has the lowest median tax rate of 1.04%. Understanding how these areas compare with Santa Barbara provides valuable insights into the varying tax landscape across Santa Barbara County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Santa Barbara Tax Rate
1.05%
Average Santa Barbara County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Santa Barbara, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93101 | 1.02% | 1.03% | 1.04% | 1.05% | 1.06% |
93103 | 1.02% | 1.04% | 1.05% | 1.05% | 1.07% |
93105 | 1.02% | 1.04% | 1.04% | 1.06% | 1.08% |
93108 | 1.02% | 1.04% | 1.06% | 1.11% | 1.27% |
93109 | 1.01% | 1.03% | 1.04% | 1.04% | 1.05% |
93110 | 1.01% | 1.06% | 1.08% | 1.16% | 1.31% |
93111 | 1.05% | 1.08% | 1.12% | 1.20% | 1.49% |
Source: Ownwell
$1,148
Average Santa Barbara Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Santa Barbara, California
In Santa Barbara, 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 Santa Barbara 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 Santa Barbara, 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. Santa Barbara's median home price is $765,885, with the highest median tax bill of $22,070 in zip code 93108 and the lowest median tax bill of $6,532 in zip code 93101. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Santa Barbara, California
Source: Ownwell
$33,414
$1,094,682
$2,155,949
Average Santa Barbara Assessed Value
$765,885
Average Santa Barbara County Assessed Value
$420,000
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Santa Barbara, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93101 | $141,696 | $329,314 | $651,728 | $1,027,808 | $1,545,205 |
93103 | $131,529 | $332,872 | $680,750 | $1,226,492 | $2,110,029 |
93105 | $160,482 | $397,945 | $743,169 | $1,218,335 | $1,780,015 |
93108 | $359,771 | $1,040,162 | $2,155,949 | $4,081,272 | $7,140,711 |
93109 | $128,222 | $354,120 | $835,540 | $1,443,899 | $2,184,582 |
93110 | $95,831 | $246,708 | $663,994 | $1,236,878 | $2,547,197 |
93111 | $119,989 | $300,923 | $611,543 | $1,003,964 | $1,472,007 |
Source: Ownwell
$1,148
Average Santa Barbara Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Santa Barbara, California
Property tax bills in Santa Barbara, CA, are calculated based on the assessed value of a property, which is typically determined by the county assessor. The assessed value often reflects the market value of the property, and the tax rate is applied to this value to determine the tax bill. In Santa Barbara County, the property tax rates can vary significantly, leading to a wide range of tax bills. For instance, the 25th percentile tax bill is around $3,783, while the 75th percentile tax bill jumps to $13,920, and the 90th percentile tax bill can reach up to $25,303. The highest median tax bill is found in the 93108 zip code at $22,070, compared to the lowest median tax bill of $6,532 in the 93101 zip code. Ownwell can help homeowners in Santa Barbara save on their property tax bills by providing expert property tax appeal and exemption services. By leveraging local market data and legal expertise, Ownwell ensures that homeowners are not overpaying on their property taxes, potentially saving them thousands of dollars annually.
Average Santa Barbara Tax Bill
$7,855
Average Santa Barbara County Tax Bill
$4,701
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Santa Barbara, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
93101 | $1,369 | $3,288 | $6,532 | $10,270 | $15,280 |
93103 | $1,325 | $3,328 | $6,834 | $12,382 | $21,289 |
93105 | $1,659 | $4,067 | $7,516 | $12,376 | $17,819 |
93108 | $4,347 | $10,949 | $22,070 | $41,051 | $70,260 |
93109 | $1,239 | $3,387 | $8,178 | $14,329 | $21,043 |
93110 | $1,320 | $2,961 | $7,161 | $13,067 | $25,638 |
93111 | $1,743 | $3,520 | $6,637 | $10,636 | $15,145 |
Source: Ownwell
$1,148
Average Santa Barbara 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 | |
---|---|
Santa Barbara Tax Assessor | |
Website | www.sbcvote.com |
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