Carpinteria, California Property Taxes
The median property tax rate in Carpinteria, CA is 1.25%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Carpinteria at $1,594,844, the typical annual property tax bill reaches $19,783, exceeding the national median of $2,690. Property taxes in Carpinteria 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 Carpinteria'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 Carpinteria 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
Carpinteria, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$19,936
$18,827
Ownwell’s Carpinteria Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carpinteria with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carpinteria to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Carpinteria, California
Property taxes in Carpinteria, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carpinteria is 1.25%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Carpinteria set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carpinteria 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 Carpinteria's effective property tax rate to other counties in California and the national median. For comparison, the 93013 zip code has the highest median property tax rate of 1.25%, while the 93013 zip code also has the lowest median tax rate of 1.25%. Understanding how these cities compare with Carpinteria 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 Carpinteria Tax Rate
1.25%
Average Ventura County Tax Rate
1.13%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carpinteria, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93013 | 1.07% | 1.09% | 1.25% | 1.62% | 2.13% |
Source: Ownwell
Property Tax Assessment Values Across Carpinteria, California
In Carpinteria, 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 Carpinteria, 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 Carpinteria helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest median tax bill is 93013, amounting to $19,783.
Property Tax Assessment Values Across Carpinteria, California
Source: Ownwell
$4,006
$799,425
$1,594,844
Average Carpinteria Assessed Value
$1,594,844
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 Carpinteria, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93013 | $341,238 | $599,198 | $1,594,844 | $2,403,051 | $3,945,453 |
Source: Ownwell
Property Tax Bills Across Carpinteria, California
In Carpinteria, located in Ventura County, CA, property tax bills are calculated based on the assessed value of a property, which is often lower than the market value. The assessed value is determined by the county assessor and is influenced by factors such as the property's purchase price, improvements, and comparable sales in the area. Homeowners in Carpinteria face property tax bills that can vary significantly. For example, the tax bill at the 25th percentile is $11,057, while at the 75th percentile, it reaches $28,367, and at the 90th percentile, it rises to $42,404. Notably, the median property tax bill in Carpinteria's 93013 zip code is $19,783. These tax bills can have a substantial impact on homeowners, affecting their annual financial planning and overall cost of homeownership. Compared to the national median property tax rate of 0.99%, the property tax rate in Carpinteria is relatively high, reflecting the region's higher property values and the local government's revenue needs.
Average Carpinteria Tax Bill
$19,783
Average Ventura County Tax Bill
$5,207
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Carpinteria, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93013 | $8,614 | $11,057 | $19,783 | $28,367 | $42,404 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| 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 | |
|---|---|
| Ventura Tax Assessor | |
| Website | assessor.countyofventura.org |