Compton, California Property Taxes
The median property tax rate in Compton, CA is 1.75%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Compton at $246,054, the typical annual property tax bill reaches $4,018, exceeding the national median of $2,690. Property taxes in Compton 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 Compton'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 Compton 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
Compton, 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 Compton, California Tax Savings
Ownwell’s Compton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Compton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Compton 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 Compton. 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 Compton, California
Property taxes in Compton, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Compton is 1.75%, significantly higher than the U.S. national median of 0.99%. Local government entities within Compton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Compton 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 Compton's effective property tax rate to other areas in Los Angeles County and the national median. For comparison, the 90220 zip code has the highest median property tax rate of 1.78%, while the 90222 zip code has the lowest median tax rate of 1.69%. Understanding how these areas compare with Compton 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 Compton Tax Rate
1.75%
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 Compton, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 90220 | 1.35% | 1.67% | 1.78% | 2.01% | 2.79% |
| 90221 | 1.31% | 1.54% | 1.73% | 1.89% | 2.55% |
| 90222 | 1.26% | 1.39% | 1.69% | 1.97% | 2.78% |
Source: Ownwell
$1,148
Average Compton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Compton, California
In Compton, 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 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 Compton, 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. Notably, the zip code 90221 has the highest median tax bill at $4,124, while 90222 has the lowest median tax bill at $3,899. 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 Compton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Compton Assessed Value
$246,054
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 Compton, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 90220 | $48,412 | $158,686 | $247,495 | $395,252 | $515,096 |
| 90221 | $56,557 | $162,830 | $246,274 | $390,198 | $512,259 |
| 90222 | $48,728 | $141,842 | $242,580 | $388,228 | $497,606 |
Source: Ownwell
$1,148
Average Compton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Compton, California
In Compton, located in Los Angeles County, property tax bills are calculated based on the assessed value of the home, which is determined annually by the county assessor. The property tax rate in Compton is influenced by various local levies and the state’s base rate. With a median home price of $246,054, homeowners can expect tax bills ranging from $2,508 at the 25th percentile to $7,887 at the 90th percentile. The highest median tax bill in the area is $4,124 in the 90221 zip code, while the lowest is $3,899 in the 90222 zip code. These taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting the community's quality of life. Ownwell can assist homeowners in Compton by providing expert property tax appeal and exemption services. By analyzing your property's assessed value and comparing it to market conditions, Ownwell can identify discrepancies and help you file an appeal. This process can potentially reduce your tax bill, ensuring you're not overpaying and saving you money annually.
Average Compton Tax Bill
$4,018
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 Compton, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 90220 | $837 | $2,012 | $4,010 | $6,096 | $8,015 |
| 90221 | $1,497 | $2,835 | $4,124 | $5,997 | $7,957 |
| 90222 | $1,334 | $2,446 | $3,899 | $5,670 | $7,548 |
Source: Ownwell
$1,148
Average Compton 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 | December 2 |
| 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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