Oakland, California Property Taxes
The median property tax rate in Oakland, CA is 1.83%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Oakland, the typical annual property tax bill reaches $7,453, exceeding the national median of $2,690. Property taxes in Oakland 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 Oakland'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 Oakland 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
Oakland, 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 Oakland, California Tax Savings
Ownwell’s Oakland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Oakland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Oakland 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 Oakland. 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 Oakland, California
Property taxes in Oakland, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Oakland is 1.83%, significantly higher than the U.S. national median of 0.99%. Local government entities within Oakland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Oakland 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 Oakland's effective property tax rate to other areas in Alameda County and the national median. For comparison, the 94621 zip code has the highest median property tax rate of 2.38%, while the 94705 zip code has the lowest median tax rate of 1.47%. Understanding how these areas compare with Oakland 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 Oakland Tax Rate
1.83%
Average Alameda County Tax Rate
1.45%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oakland, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94546 | N/A | N/A | N/A | N/A | N/A |
94577 | N/A | N/A | N/A | N/A | N/A |
94601 | 1.63% | 1.75% | 2.08% | 2.61% | 4.22% |
94602 | 1.53% | 1.59% | 1.74% | 2.10% | 3.06% |
94603 | 1.70% | 1.83% | 2.25% | 2.95% | 4.87% |
94605 | 1.59% | 1.67% | 1.88% | 2.44% | 3.47% |
94606 | 1.61% | 1.72% | 1.98% | 2.49% | 4.21% |
94607 | 1.59% | 1.64% | 1.80% | 2.17% | 3.06% |
94608 | 1.55% | 1.60% | 1.82% | 2.43% | 4.15% |
94609 | 1.53% | 1.60% | 1.74% | 2.23% | 3.85% |
94610 | 1.50% | 1.58% | 1.72% | 2.06% | 2.94% |
94611 | 1.50% | 1.54% | 1.63% | 1.87% | 2.55% |
94612 | 1.58% | 1.66% | 1.78% | 1.98% | 2.54% |
94613 | N/A | N/A | N/A | N/A | N/A |
94618 | 1.47% | 1.52% | 1.62% | 1.87% | 2.70% |
94619 | 1.55% | 1.61% | 1.76% | 2.15% | 3.06% |
94621 | 1.73% | 1.87% | 2.38% | 3.10% | 4.87% |
94704 | 1.75% | 1.82% | 1.94% | 2.06% | 2.13% |
94705 | 1.45% | 1.46% | 1.47% | 1.51% | 1.53% |
Source: Ownwell
$1,148
Average Oakland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Oakland, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Oakland, 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 Oakland, 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 instance, the highest median tax bill in Oakland is $25,262 in the 94705 zip code, while the lowest median tax bill is $4,733 in the 94621 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Oakland Assessed Value
$403,135
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 Oakland, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94546 | N/A | N/A | N/A | N/A | N/A |
94577 | N/A | N/A | N/A | N/A | N/A |
94601 | $66,451 | $149,036 | $266,797 | $495,544 | $697,996 |
94602 | $108,500 | $243,964 | $486,520 | $824,417 | $1,144,011 |
94603 | $52,440 | $119,521 | $214,052 | $410,488 | $543,031 |
94605 | $89,972 | $174,808 | $362,854 | $609,819 | $854,958 |
94606 | $65,291 | $172,557 | $324,618 | $558,366 | $809,000 |
94607 | $122,526 | $236,354 | $440,940 | $677,503 | $844,374 |
94608 | $62,540 | $179,966 | $452,556 | $784,491 | $974,646 |
94609 | $83,811 | $229,037 | $516,302 | $822,334 | $1,181,677 |
94610 | $110,950 | $255,252 | $506,287 | $898,990 | $1,409,425 |
94611 | $149,795 | $360,914 | $703,321 | $1,115,000 | $1,526,579 |
94612 | $169,517 | $277,087 | $446,646 | $648,662 | $901,552 |
94613 | N/A | N/A | N/A | N/A | N/A |
94618 | $128,444 | $354,606 | $716,652 | $1,237,690 | $1,787,438 |
94619 | $105,833 | $225,330 | $455,808 | $746,070 | $1,002,547 |
94621 | $55,991 | $108,618 | $195,612 | $375,265 | $513,143 |
94704 | $226,932 | $272,443 | $348,296 | $424,148 | $469,659 |
94705 | $1,147,142 | $1,307,430 | $1,716,948 | $2,263,230 | $2,753,660 |
Source: Ownwell
$1,148
Average Oakland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Oakland, California
In Oakland, property tax bills are calculated based on the assessed value of your home, which is determined by the Alameda County Assessor's Office. The assessed value is influenced by various factors, including the market value of your property and any improvements or changes made to it. Oakland homeowners face a median property tax rate of 0.99%, aligning with the national median. However, actual tax bills can vary significantly. For instance, the 25th percentile tax bill is $4,415, while the 75th percentile reaches $11,638, and the 90th percentile can soar to $16,678. The highest median tax bill in the area is a staggering $25,262 in ZIP code 94705, compared to the lowest at $4,733 in ZIP code 94621. Ownwell can help homeowners in Oakland save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property's assessed value and identifying potential discrepancies, Ownwell ensures you are not overpaying, potentially saving you thousands of dollars annually.
Average Oakland Tax Bill
$7,453
Average Alameda County Tax Bill
$7,523
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Oakland, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94546 | N/A | N/A | N/A | N/A | N/A |
94577 | N/A | N/A | N/A | N/A | N/A |
94601 | $2,707 | $3,830 | $5,615 | $8,755 | $11,687 |
94602 | $3,190 | $5,140 | $8,499 | $13,160 | $17,573 |
94603 | $2,484 | $3,414 | $4,901 | $7,588 | $9,587 |
94605 | $2,969 | $4,230 | $6,900 | $10,340 | $13,847 |
94606 | $2,731 | $4,232 | $6,493 | $9,773 | $13,358 |
94607 | $3,540 | $5,133 | $7,995 | $11,312 | $13,667 |
94608 | $2,544 | $4,439 | $8,259 | $12,859 | $15,574 |
94609 | $3,154 | $5,099 | $8,868 | $13,273 | $18,225 |
94610 | $3,149 | $5,203 | $8,782 | $14,187 | $21,292 |
94611 | $3,748 | $6,733 | $11,507 | $17,206 | $22,950 |
94612 | $4,183 | $5,597 | $7,880 | $10,957 | $14,651 |
94613 | N/A | N/A | N/A | N/A | N/A |
94618 | $3,507 | $6,599 | $11,634 | $18,804 | $26,438 |
94619 | $3,189 | $4,868 | $8,079 | $12,018 | $15,703 |
94621 | $2,546 | $3,273 | $4,733 | $7,284 | $9,259 |
94704 | $4,703 | $5,340 | $6,403 | $7,465 | $8,103 |
94705 | $17,530 | $19,671 | $25,262 | $33,051 | $39,748 |
Source: Ownwell
$1,148
Average Oakland 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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