Alameda, California Property Taxes
The median property tax rate in Alameda, CA is 1.54%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Alameda at $567,039, the typical annual property tax bill reaches $8,714, exceeding the national median of $2,690. Property taxes in Alameda 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 Alameda'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 Alameda 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
Alameda, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.54%
Estimate Property Tax Bill
$8,732
$8,103
$1,148
Average Tax Savings
Ownwell’s Alameda Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Alameda with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alameda 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 Alameda. 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 Alameda, California
Property taxes in Alameda, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Alameda is 1.54%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Alameda set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alameda 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 Alameda's effective property tax rate to other counties in California and the national median. For comparison, the 94501 zip code has the highest median property tax rate of 1.56%, while the 94502 zip code has the lowest median tax rate of 1.49%. Understanding how these cities compare with Alameda provides valuable insights into the varying tax landscape across Alameda County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alameda Tax Rate
1.54%
Average Alameda County Tax Rate
1.45%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alameda, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94501 | 1.36% | 1.43% | 1.56% | 1.89% | 2.79% |
94502 | 1.35% | 1.40% | 1.49% | 1.66% | 1.91% |
Source: Ownwell
$1,148
Average Alameda Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Alameda, California
In Alameda, 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 Alameda 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. Assessment notices in Alameda 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. For instance, in Alameda, the highest median tax bill is found in zip code 94502, amounting to $9,025, while the lowest is in zip code 94501, at $8,513. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Alameda Assessed Value
$567,039
Average Alameda County Assessed Value
$508,791
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alameda, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94501 | $118,093 | $276,210 | $549,272 | $901,360 | $1,218,113 |
94502 | $253,392 | $393,394 | $601,268 | $860,948 | $1,159,771 |
Source: Ownwell
$1,148
Average Alameda Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Alameda, California
In Alameda, CA, property tax bills are calculated based on the assessed value of the property. This value is determined by the county assessor and is influenced by factors such as market conditions, property improvements, and comparable sales in the area. The median home price in Alameda is $567,039, and the tax rate is applied to this assessed value to determine the annual tax bill. Homeowners in Alameda can expect a wide range of tax bills, from the 25th percentile at $5,578 to the 90th percentile reaching $17,173, with the highest median tax bill at $9,025 in zip code 94502. High property taxes can significantly impact homeowners, making it essential to ensure that assessments are fair and accurate. Ownwell offers property tax appeal and exemption services that can help homeowners in Alameda challenge their assessed values. By leveraging expert knowledge and data-driven insights, Ownwell can identify potential savings and assist in reducing property tax burdens, ensuring homeowners only pay their fair share.
Average Alameda Tax Bill
$8,714
Average Alameda County Tax Bill
$7,523
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Alameda, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94501 | $3,213 | $5,219 | $8,513 | $13,039 | $17,539 |
94502 | $4,546 | $6,358 | $9,025 | $12,166 | $15,843 |
Source: Ownwell
$1,148
Average Alameda 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 15 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | December 10 |
Due Date #2 | April 10 |
Links | |
---|---|
Alameda Tax Assessor | |
Phone | (510) 272-3787 |
Website | propinfo.acgov.org |
AssessorWebResponse@acgov.org |
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