Mountain View, California Property Taxes
The median property tax rate in Mountain View, CA is 1.03%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Mountain View, the typical annual property tax bill reaches $59, which is significantly below the national median of $2,690. Property taxes in Mountain View are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence exemption. Understanding Mountain View'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 Mountain View 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
Mountain View, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$59
$56
Ownwell’s Mountain View Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mountain View with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mountain View to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Mountain View, California
Property taxes in Mountain View, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mountain View is 0.74%, which is lower than the California state median of 0.76% and the U.S. national median of 0.99%. Local government entities within Mountain View set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mountain View 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 Mountain View's effective property tax rate to other counties in California and the national median. For comparison, the zip code 94040 has the highest median property tax rate of 0.74%, while the zip code 94040 has the lowest median tax rate of 0.74%. Understanding how these cities compare with Mountain View provides valuable insights into the varying tax landscape across Santa Clara County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mountain View Tax Rate
1.03%
Average Inyo County Tax Rate
1.02%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mountain View, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93514 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Mountain View, California
In Mountain View, 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 Santa Clara County Assessor's Office 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 Mountain View, 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. Being aware of these valuation processes in Mountain View helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip codes with the highest tax bills in Mountain View are 94040 and 94041, while the lowest tax bills are found in 94043.
Property Tax Assessment Values Across Mountain View, California
Source: Ownwell
$5,740
$418,381
$831,022
Average Mountain View Assessed Value
$5,740
Average Inyo County Assessed Value
$188,456
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mountain View, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93514 | $5,740 | $5,740 | $5,740 | $5,740 | $5,740 |
Source: Ownwell
Property Tax Bills Across Mountain View, California
In Mountain View, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor in Inyo County. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Mountain View is significantly higher than the national average, but the property tax rate in California is relatively lower compared to many other states. Factors such as the property's location, size, and any improvements made can influence the assessed value. Homeowners in Mountain View can expect their tax bills to fall within a narrow range, with the 25th, 75th, and 90th percentiles all reporting similar figures. This consistency provides a level of predictability for budgeting purposes. However, the high median home price means that even a relatively low tax rate can result in substantial annual tax bills, impacting homeowners' overall financial planning and housing affordability.
Average Mountain View Tax Bill
$59
Average Inyo County Tax Bill
$1,960
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Mountain View, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93514 | $59 | $59 | $59 | $59 | $59 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
|---|
Links | |
|---|---|
| Inyo Tax Assessor | |
| Website | ca-inyo.publicaccessnow.com |