Livermore, California Property Taxes
The median property tax rate in Livermore, CA is 1.35%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Livermore at $594,407, the typical annual property tax bill reaches $7,986, exceeding the national median of $2,690. Property taxes in Livermore 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 Livermore'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 Livermore 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
Livermore, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
$1,272
$1,148
Average Livermore, California Tax Savings
Ownwell’s Livermore Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Livermore with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Livermore 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 Livermore. 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 Livermore, California
Property taxes in Livermore, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Livermore is 1.35%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Livermore set these rates annually, and they can vary significantly across different neighborhoods. Each year, Livermore 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 Livermore's effective property tax rate to other areas in Alameda County and the national median. For comparison, the 94551 zip code has the highest median property tax rate of 1.36%, while the 94550 zip code has the lowest median tax rate of 1.34%. Understanding how these cities compare with Livermore 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 Livermore Tax Rate
1.35%
Average Alameda County Tax Rate
1.45%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Livermore, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94550 | 1.26% | 1.29% | 1.34% | 1.47% | 1.90% |
| 94551 | 1.28% | 1.31% | 1.36% | 1.48% | 1.73% |
| 94560 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,148
Average Livermore Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Livermore, California
In Livermore, 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 Appraisal District 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 Livermore, 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. For example, the highest median tax bill in Livermore is $8,517 in the 94550 zip code, while the lowest is $7,539 in the 94551 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Livermore, California
Source: Ownwell
$166,630
$941,789
$1,716,948
Average Livermore Assessed Value
$594,407
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 Livermore, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94550 | $133,923 | $335,065 | $643,957 | $926,353 | $1,279,038 |
| 94551 | $178,865 | $331,381 | $554,746 | $752,040 | $897,978 |
| 94560 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,148
Average Livermore Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Livermore, California
In Livermore, located in Alameda County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is often lower than the market value but increases annually based on inflation and property improvements. Homeowners in Livermore face property tax bills that can vary significantly. For instance, the median home price is $594,407, with tax bills ranging from $4,891 at the 25th percentile to $14,093 at the 90th percentile. The highest median tax bill in the area is $8,517 in the 94550 zip code, while the lowest is $7,539 in the 94551 zip code. Ownwell can help homeowners reduce their property tax bills by providing professional property tax appeal and exemption services. Our experts analyze your property's assessed value and identify opportunities for reductions. By appealing incorrect assessments and ensuring all eligible exemptions are applied, Ownwell can help you achieve significant savings on your property tax bill.
Average Livermore Tax Bill
$7,986
Average Alameda County Tax Bill
$7,523
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Livermore, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94550 | $2,521 | $4,900 | $8,517 | $11,892 | $16,133 |
| 94551 | $3,082 | $4,886 | $7,539 | $9,850 | $11,619 |
| 94560 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
$1,148
Average Livermore 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 16 |
| 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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