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Albany, Contra Costa County, California Property Taxes

  • Median Albany, CA effective property tax rate: 1.61%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.

  • Median Albany, CA home value: $534,006

  • Median annual Albany, CA tax bill: $8,494, $6,094 higher than the national median property tax bill of $2,400.

How are property taxes in Contra Costa calculated?

Property taxes in Albany, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Albany’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Albany, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Albany, Contra Costa County, California Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.61%

Estimate Property Tax Bill

$8,597

$7,978

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Albany Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Albany with just two data points. By entering your property's estimated assessed value, our calculator applies Albany’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Contra Costa. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Albany, Contra Costa County, California

Local government entities determine property tax rates, leading to significant variations within a state. Each county calculates its required budget for services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Despite the involvement of votes and laws in setting these rates and budgets, this is essentially how the annual process unfolds.

In Albany, located in Contra Costa County, California, the property tax rate is notably higher than the national median of 1.02%. This difference underscores the variability in property tax rates across different regions. California's median property tax rate is also higher than the national average, reflecting the state's diverse economic landscape and service needs.

Comparing Albany's effective property tax rate to other cities within California and the national median highlights the impact of local governance on property taxes. Understanding these differences is crucial for property owners aiming to manage their tax liabilities effectively. By staying informed about local tax rates and how they compare to broader averages, property owners can make more strategic financial decisions.

Property Tax Rates Across Albany, Contra Costa County, California

Source: Ownwell

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1.08%

1.51%

1.95%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Albany Tax Rate

1.61%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Contra Costa County Tax Rate

1.36%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Albany, Contra Costa County, California

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
94706N/AN/AN/AN/AN/A

Source: Ownwell

Property Tax Assessment Values Across Albany, Contra Costa County, California

When examining property taxes in Albany, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Contra Costa County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Contra Costa County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Albany. For example, the median home price in Albany is $534,006, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Albany, Contra Costa County, California

Source: Ownwell

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$147,170

$1,068,104

$1,989,037

Median Albany Market Value

$534,006

Median Contra Costa County Market Value

$485,124

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Albany, Contra Costa County, California

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
94706N/AN/AN/AN/AN/A

Source: Ownwell

Property Tax Bills Across Albany, Contra Costa County, California

In Albany, located in Contra Costa County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in the area is $534,006, and with the tax bill at the 25th percentile being $6,887, it is evident that homeowners here face higher property taxes compared to the national median property tax bill of $2,400. The tax bill can go up to $11,664 for the 75th percentile and reach $14,701 at the 90th percentile. These figures highlight the significant financial impact property taxes can have on homeowners in Albany. Factors such as property improvements and changes in market conditions can influence the assessed value, thereby affecting the tax bill. Ownwell offers services to help homeowners reduce their property tax burden through appeals and exemptions. By leveraging their expertise, homeowners can potentially lower their tax bills, easing the financial pressure and ensuring they pay only their fair share.

Property Tax Bills Across Albany, Contra Costa County, California

Source: Ownwell

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$2,978

$13,116

$23,253

Median Albany Tax Bill

$8,494

Median Contra Costa County Tax Bill

$6,706

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Albany, Contra Costa County, California

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
94706N/AN/AN/AN/AN/A

Source: Ownwell

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