Box Canyon, California Property Taxes
The median property tax rate in Box Canyon, CA is 1.22%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Box Canyon, the typical annual property tax bill reaches $7,148, exceeding the national median of $2,690. Property taxes in Box Canyon 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 Box Canyon'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 Box Canyon 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
Box Canyon, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$7,177
$6,660
$1,148
Average Tax Savings
Ownwell’s Box Canyon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Box Canyon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Box Canyon 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 Box Canyon. 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 Los Angeles County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Box Canyon, California
Property taxes in Box Canyon, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Box Canyon is 1.22%, which is higher than the U.S. national median of 0.99%. Local government entities within Box Canyon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Box Canyon 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 Box Canyon's effective property tax rate to other counties in California and the national median. For comparison, the zip code 91304 has both the highest and lowest median property tax rate of 1.22%. Understanding how these cities compare with Box Canyon provides valuable insights into the varying tax landscape across Los Angeles County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Box Canyon Tax Rate
1.22%
Average Los Angeles County Tax Rate
1.24%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Box Canyon, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91304 | 1.19% | 1.20% | 1.22% | 1.23% | 1.23% |
Source: Ownwell
$1,148
Average Box Canyon Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Box Canyon, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Box Canyon, CA. 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 Los Angeles 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 Box Canyon, 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 median home price in Box Canyon is $588,311, with tax bills ranging from $6,928 at the 25th percentile to $10,769 at the 90th percentile. 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 Box Canyon, California
Source: Ownwell
$54,919
$1,436,037
$2,817,155
Average Box Canyon Assessed Value
$588,311
Average Los Angeles County Assessed Value
$434,238
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Box Canyon, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91304 | $510,463 | $564,209 | $588,311 | $829,192 | $901,467 |
Source: Ownwell
$1,148
Average Box Canyon Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Box Canyon, California
In Box Canyon, Los Angeles County, property tax bills are calculated based on the assessed value of the property, which is typically determined by the county assessor. The assessed value is then multiplied by the local property tax rate. For example, the median home price in Box Canyon is $588,311, and the property tax rate is generally in line with the national median rate of 0.99%. This means homeowners can expect a tax bill ranging from $6,928 to $10,769, depending on their property's assessed value and specific circumstances. Several factors influence the final tax bill, including property improvements, market conditions, and local tax levies. This can significantly affect homeowners, especially if property values increase, leading to higher taxes. Ownwell helps homeowners in Box Canyon save on their property tax bills by providing professional property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell can assist in reducing the assessed value, thereby lowering the overall tax burden for homeowners.
Average Box Canyon Tax Bill
$7,148
Average Los Angeles County Tax Bill
$5,343
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Box Canyon, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91304 | $6,260 | $6,928 | $7,148 | $9,980 | $10,769 |
Source: Ownwell
$1,148
Average Box Canyon 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 | November 30 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | December 10 |
Due Date #2 | April 10 |
Links | |
---|---|
Los Angeles Tax Assessor | |
Phone | (213) 974-3211 |
Website | portal.assessor.lacounty.gov |
pio@assessor.lacounty.gov |
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