Agoura, California Property Taxes
The median property tax rate in Agoura, CA is 1.57%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Agoura, the typical annual property tax bill reaches $4,238, exceeding the national median of $2,690. Property taxes in Agoura 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 Agoura'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 Agoura 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
Agoura, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$4,189
$3,956
Ownwell’s Agoura Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Agoura with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Agoura to estimate your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is the value assigned by Ventura County for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Agoura, California
Property taxes in Agoura, California, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Agoura is 1.57%, significantly higher than the U.S. national median of 0.99%. Local government entities within Agoura set these rates annually, and they can vary significantly across different neighborhoods. Each year, Agoura 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 Agoura's effective property tax rate to other counties in California and the national median. For comparison, the 91301 zip code has the highest median property tax rate of 1.57%, while the same zip code also has the lowest median tax rate of 1.57%. Understanding how these cities compare with Agoura provides valuable insights into the varying tax landscape across Ventura County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Agoura Tax Rate
1.57%
Average Ventura County Tax Rate
1.13%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Agoura, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91301 | 1.35% | 1.36% | 1.57% | 1.62% | 1.66% |
Source: Ownwell
Property Tax Assessment Values Across Agoura, California
In Agoura, 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 Ventura 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 Agoura, 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 Agoura helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest and lowest median tax bill in Agoura is 91301, with a median tax bill of $4,238.
Average Agoura Assessed Value
$266,806
Average Ventura County Assessed Value
$465,193
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Agoura, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91301 | $225,579 | $227,856 | $266,806 | $537,442 | $554,859 |
Source: Ownwell
Property Tax Bills Across Agoura, California
In Agoura, located in Ventura County, CA, property tax bills are calculated based on the assessed value of the home. The assessed value is determined by the county assessor and typically reflects the market value of the property at the time of purchase, with annual adjustments for inflation not exceeding 2%. The tax rate applied to this assessed value is determined by the county and local taxing authorities, which can include various district taxes for schools, infrastructure, and public services. For homeowners in Agoura, the property tax bill can vary significantly. For example, the tax bill at the 25th percentile is $3,738, while at the 75th percentile, it rises to $7,306. The highest median tax bill recorded in the area is $4,238, which is notably higher than the national median property tax rate of 0.99%. These taxes fund essential community services but can also impact the overall cost of homeownership. Understanding these factors is crucial for homeowners to manage their financial planning effectively.
Average Agoura Tax Bill
$4,238
Average Ventura County Tax Bill
$5,207
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Agoura, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91301 | $3,671 | $3,738 | $4,238 | $7,306 | $7,463 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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Property Valuation Date | January 1 |
Appeal Deadline | September 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | December 10 |
Due Date #2 | April 10 |
Links | |
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Ventura Tax Assessor | |
Website | assessor.countyofventura.org |