Cotati, California Property Taxes
The median property tax rate in Cotati, CA is 1.24%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Cotati at $414,909, the typical annual property tax bill reaches $4,981, exceeding the national median of $2,690. Property taxes in Cotati 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 Cotati'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 Cotati 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
Cotati, 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 Cotati, California Tax Savings
Ownwell’s Cotati Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cotati with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cotati 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 Cotati. 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 Cotati, California
Property taxes in Cotati, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cotati is 1.24%, which is notably higher than the U.S. national median of 0.99%. Local government entities within Cotati set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cotati 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 Cotati's effective property tax rate to other areas in Sonoma County and the national median. For comparison, the 94952 zip code has the highest median property tax rate of 2.77%, while the 94931 zip code has the lowest median tax rate of 1.24%. Understanding how these cities compare with Cotati provides valuable insights into the varying tax landscape across Sonoma County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cotati Tax Rate
1.24%
Average Sonoma County Tax Rate
1.15%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cotati, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94931 | 1.18% | 1.20% | 1.24% | 1.30% | 1.42% |
| 94952 | 2.77% | 2.77% | 2.77% | 2.77% | 2.77% |
Source: Ownwell
$1,148
Average Cotati Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Cotati, California
In Cotati, 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 Sonoma 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 Cotati, 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 Cotati helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Cotati is $4,984 in the 94931 zip code, while the lowest median tax bill is $698 in the 94952 zip code.
Average Cotati Assessed Value
$414,909
Average Sonoma County Assessed Value
$444,836
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cotati, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94931 | $155,374 | $272,688 | $415,317 | $621,000 | $830,888 |
| 94952 | $25,197 | $25,197 | $25,197 | $25,197 | $25,197 |
Source: Ownwell
$1,148
Average Cotati Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Cotati, California
In Cotati, Sonoma County, CA, property tax bills are calculated based on the assessed value of the property, which is typically determined by the county assessor. This assessed value is then multiplied by the local tax rate. With a median home price of $414,909, homeowners can expect varying tax bills. For instance, the 25th percentile tax bill is around $3,226, while the 75th percentile reaches $7,387, and the 90th percentile climbs to $9,603. These figures indicate a significant range, reflecting differences in property values and applicable exemptions. Homeowners in Cotati face property tax rates that can be higher than the national median property tax rate of 0.99%. With the highest median tax bill in the area being $4,984 in the 94931 zip code, it’s crucial for homeowners to ensure their assessments are accurate. Ownwell can assist by providing expert property tax appeal and exemption services, potentially reducing tax liabilities and ensuring homeowners aren't overpaying. By leveraging professional insights, homeowners can navigate the complexities of property tax assessments and secure meaningful savings.
Average Cotati Tax Bill
$4,981
Average Sonoma County Tax Bill
$5,028
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Cotati, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94931 | $1,913 | $3,230 | $4,984 | $7,387 | $9,598 |
| 94952 | $698 | $698 | $698 | $698 | $698 |
Source: Ownwell
$1,148
Average Cotati 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 | |
|---|---|
| Sonoma Tax Assessor | |
| Website | assr.parcelquest.com |
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