Oxnard, California Property Taxes
The median property tax rate in Oxnard, CA is 1.16%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Oxnard at $388,529, the typical annual property tax bill reaches $4,507, significantly exceeding the national median of $2,690. Property taxes in Oxnard 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 Oxnard'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 Oxnard 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
Oxnard, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$4,507
$4,256
Ownwell’s Oxnard Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Oxnard with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Oxnard 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 Oxnard, California
Property taxes in Oxnard, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Oxnard is 1.16%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Oxnard set these rates annually, and they can vary significantly across different neighborhoods. Each year, Oxnard 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 Oxnard's effective property tax rate to other areas in California and the national median. For comparison, the 93015 zip code has the highest median property tax rate of 1.21%, while the 93033 zip code has the lowest median tax rate of 1.14%. Understanding how these cities compare with Oxnard 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 Oxnard Tax Rate
1.16%
Average Ventura County Tax Rate
1.13%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oxnard, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93015 | 1.12% | 1.19% | 1.21% | 1.21% | 1.21% |
| 93030 | 1.12% | 1.16% | 1.18% | 1.19% | 1.22% |
| 93033 | 1.07% | 1.11% | 1.14% | 1.16% | 1.19% |
| 93035 | 1.11% | 1.14% | 1.17% | 1.19% | 1.27% |
| 93036 | 1.11% | 1.14% | 1.18% | 1.48% | 2.00% |
| 93041 | 1.16% | 1.16% | 1.16% | 1.16% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Oxnard, California
In Oxnard, 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 Oxnard, 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 highest median tax bill in the area is $5,905 in the 93035 zip code, while the lowest is $1,412 in the 93015 zip code. 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 Oxnard helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Oxnard Assessed Value
$388,529
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 Oxnard, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93015 | $106,446 | $108,105 | $117,074 | $281,997 | $324,820 |
| 93030 | $113,276 | $254,397 | $405,372 | $554,133 | $686,846 |
| 93033 | $61,157 | $169,872 | $289,738 | $426,570 | $535,882 |
| 93035 | $183,840 | $313,353 | $509,891 | $787,833 | $1,266,378 |
| 93036 | $106,274 | $268,748 | $421,825 | $597,750 | $760,310 |
| 93041 | $475,764 | $475,764 | $475,764 | $475,764 | $475,764 |
Source: Ownwell
Property Tax Bills Across Oxnard, California
In Oxnard, Ventura County, CA, property tax bills are determined based on the assessed value of a home. The assessed value is generally influenced by the market value of the property, which can fluctuate based on local real estate trends. Homeowners in Oxnard can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is around $2,764, while at the 75th percentile, it rises to $6,797. In some cases, it can even reach up to $9,640 at the 90th percentile. The highest median tax bill in the area is $5,905, found in the 93035 zip code, whereas the lowest median tax bill is $1,412 in the 93015 zip code. Given that the national median property tax rate is 0.99%, these figures highlight the variability and potential financial impact on homeowners in Oxnard. Understanding these factors can help homeowners better anticipate their property tax obligations and manage their finances accordingly.
Average Oxnard Tax Bill
$4,507
Average Ventura County Tax Bill
$5,207
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Oxnard, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93015 | $1,288 | $1,307 | $1,412 | $2,556 | $3,737 |
| 93030 | $1,242 | $2,924 | $4,684 | $6,373 | $7,902 |
| 93033 | $677 | $1,855 | $3,274 | $4,776 | $6,012 |
| 93035 | $2,051 | $3,580 | $5,905 | $9,442 | $15,366 |
| 93036 | $1,455 | $3,350 | $5,388 | $8,194 | $10,531 |
| 93041 | $5,519 | $5,519 | $5,519 | $5,519 | $5,519 |
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 |