Summerland, California Property Taxes
The median property tax rate in Summerland, CA is 1.18%, slightly higher than the national median of 0.99% but lower than California's state median of 1.21%. With a median home value of $966,581, the typical annual property tax bill in Summerland reaches $11,043, far exceeding the national median of $2,690. Property taxes in Summerland 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 Summerland'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 Summerland or another part of Santa Barbara County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Summerland, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$11,406
$10,773
$1,148
Average Summerland, California Tax Savings
Ownwell’s Summerland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Summerland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Summerland 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 Summerland. 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 Summerland, California
Property taxes in Summerland, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Summerland is 1.18%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Summerland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Summerland 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 Summerland's effective property tax rate to other areas in Santa Barbara County and the national median. For comparison, the zip code 93067 has the highest median property tax rate of 1.18%, while the same zip code also has the lowest median tax rate of 1.18%. Understanding how these areas compare with Summerland 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 Summerland Tax Rate
1.18%
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 Summerland, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93067 | 1.04% | 1.10% | 1.18% | 1.36% | 2.09% |
Source: Ownwell
$1,148
Average Summerland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Summerland, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Summerland, CA. 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 Summerland, 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. For instance, the median home price in Summerland is $966,581, with tax bills ranging from $5,792 at the 25th percentile to $27,658 at the 90th percentile. The highest and lowest median tax bills are both $11,043 in the 93067 zip code. Understanding these valuation concepts helps property owners navigate their tax responsibilities, identify opportunities for protesting assessments, and apply for exemptions to manage their tax burden effectively.
Property Tax Assessment Values Across Summerland, California
Source: Ownwell
$33,414
$1,094,682
$2,155,949
Average Summerland Assessed Value
$966,581
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 Summerland, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93067 | $108,115 | $373,055 | $966,581 | $1,707,712 | $2,564,593 |
Source: Ownwell
$1,148
Average Summerland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Summerland, California
In Summerland, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the Santa Barbara County Assessor. The assessed value is typically a percentage of the property's market value. For example, with a median home price of $966,581, homeowners can expect varying tax bills. The 25th percentile tax bill is around $5,792, while the 75th percentile reaches $18,513, and the 90th percentile can be as high as $27,658. These figures are significantly higher than the national median property tax rate of 0.99%. Several factors influence the tax bill, including property location, home improvements, and market trends. Higher assessed values lead to higher tax bills, which can be a financial burden for homeowners. Ownwell helps homeowners in Summerland save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing the assessed value and identifying discrepancies, Ownwell can potentially reduce the tax burden, ensuring homeowners pay a fair amount.
Average Summerland Tax Bill
$11,043
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 Summerland, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93067 | $2,342 | $5,792 | $11,043 | $18,513 | $27,658 |
Source: Ownwell
$1,148
Average Summerland 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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