Fremont, California Property Taxes
The median property tax rate in Fremont, CA is 1.26%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Fremont at $618,678, the typical annual property tax bill reaches $7,751, exceeding the national median of $2,690. Property taxes in Fremont 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 Fremont'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 Fremont 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
Fremont, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$7,795
$7,234
$1,148
Average Tax Savings
Ownwell’s Fremont Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fremont with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fremont 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 Fremont. 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 Fremont, California
Property taxes in Fremont, California, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Fremont is 1.26%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Fremont set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fremont 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 Fremont's effective property tax rate to other counties in California and the national median. For comparison, the 94538 zip code has the highest median property tax rate of 1.28%, while the 94586 zip code has the lowest median tax rate of 1.22%. Understanding how these cities compare with Fremont 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 Fremont Tax Rate
1.26%
Average Alameda County Tax Rate
1.45%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fremont, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94536 | 1.20% | 1.22% | 1.27% | 1.36% | 1.62% |
| 94538 | 1.21% | 1.23% | 1.28% | 1.38% | 1.64% |
| 94539 | 1.18% | 1.19% | 1.22% | 1.27% | 1.39% |
| 94555 | 1.20% | 1.22% | 1.27% | 1.36% | 1.51% |
| 94586 | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% |
Source: Ownwell
$1,148
Average Fremont Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Fremont, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Fremont, California. 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. In Fremont, 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 example, the median home price in Fremont is $618,678, with tax bills ranging from $4,646 at the 25th percentile to $11,805 at the 75th percentile. The highest median tax bill is $11,065 in the 94539 zip code, while the lowest is $2,030 in the 94586 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Fremont Assessed Value
$618,678
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 Fremont, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94536 | $144,074 | $317,082 | $556,463 | $858,772 | $1,153,021 |
| 94538 | $126,892 | $292,222 | $520,919 | $813,600 | $1,059,338 |
| 94539 | $275,496 | $530,381 | $912,045 | $1,362,722 | $1,868,619 |
| 94555 | $172,529 | $317,028 | $532,601 | $866,601 | $1,247,530 |
| 94586 | $166,630 | $166,630 | $166,630 | $166,630 | $166,630 |
Source: Ownwell
$1,148
Average Fremont Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Fremont, California
In Fremont, Alameda County, CA, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. The assessed value is often a percentage of the home's market value. For instance, with a median home price of $618,678, property taxes can vary significantly. The 25th percentile tax bill is around $4,646, while the 75th percentile reaches $11,805, and the 90th percentile can be as high as $16,312. Factors influencing these amounts include changes in property values, local tax rates, and any applicable exemptions. The highest median tax bill in Fremont is $11,065 in the 94539 zip code, whereas the lowest is $2,030 in the 94586 zip code. These variances can significantly impact homeowners' financial planning. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions, ensuring they only pay their fair share. By leveraging expert knowledge and local data, Ownwell can help reduce your property tax burden, providing substantial savings and peace of mind.
Average Fremont Tax Bill
$7,751
Average Alameda County Tax Bill
$7,523
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Fremont, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94536 | $2,305 | $4,283 | $7,029 | $10,503 | $13,849 |
| 94538 | $2,063 | $4,006 | $6,641 | $9,977 | $12,954 |
| 94539 | $3,779 | $6,711 | $11,065 | $16,226 | $22,019 |
| 94555 | $2,641 | $4,325 | $6,845 | $10,579 | $14,858 |
| 94586 | $2,030 | $2,030 | $2,030 | $2,030 | $2,030 |
Source: Ownwell
$1,148
Average Fremont 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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