Watsonville, California Property Taxes
The median property tax rate in Watsonville, CA is 1.23%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Watsonville, the typical annual property tax bill reaches $8,212, exceeding the national median of $2,690. Property taxes in Watsonville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Watsonville'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 Watsonville 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
Watsonville, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
$1,272
$1,148
Average Watsonville, California Tax Savings
Ownwell’s Watsonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Watsonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Watsonville 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 Watsonville. 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 Watsonville, California
Property taxes in Watsonville, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Watsonville is 1.23%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Watsonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Watsonville 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 Watsonville's effective property tax rate to other counties in California and the national median. For comparison, the 95076 zip code has the highest median property tax rate of 1.23%, while the same zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Watsonville provides valuable insights into the varying tax landscape across Santa Clara County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Watsonville Tax Rate
1.23%
Average Santa Clara County Tax Rate
1.31%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Watsonville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95076 | 1.22% | 1.22% | 1.23% | 1.23% | 1.27% |
Source: Ownwell
$1,148
Average Watsonville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Watsonville, California
In Watsonville, 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 Clara County Assessor's Office 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 Watsonville, 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 Watsonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Watsonville, the median tax bill is $8,212, with zip code 95076 having both the highest and lowest median tax bills at $8,212.
Property Tax Assessment Values Across Watsonville, California
Source: Ownwell
$41,240
$1,437,154
$2,833,068
Average Watsonville Assessed Value
$673,645
Average Santa Clara County Assessed Value
$683,381
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Watsonville, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95076 | $308,475 | $428,984 | $673,645 | $938,122 | $1,257,574 |
Source: Ownwell
$1,148
Average Watsonville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Watsonville, California
In Watsonville, Santa Clara County, CA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Watsonville, the median home price stands at $673,645. Property taxes here can vary significantly, with the 25th percentile tax bill at $5,269 and the 75th percentile reaching $11,487. The highest median tax bill in the area is $8,212. Several factors influence the tax bill, including property improvements, neighborhood changes, and market conditions. High property taxes can be a burden for homeowners, affecting their overall financial health and home affordability. Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging our expertise, homeowners can potentially lower their assessed property values, thereby reducing their tax bills. Our team works diligently to ensure that homeowners pay only their fair share, helping them save significantly on annual property taxes.
Average Watsonville Tax Bill
$8,212
Average Santa Clara County Tax Bill
$8,895
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Watsonville, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95076 | $3,904 | $5,269 | $8,212 | $11,487 | $15,316 |
Source: Ownwell
$1,148
Average Watsonville 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 | September 16 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | December 10 |
Due Date #2 | April 10 |
Links | |
---|---|
Santa Clara Tax Assessor | |
Phone | (408) 299-5372 |
Website | www.sccassessor.org |
dawn.cieslik@asr.sccgov.org |
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