Cudahy, California Property Taxes
The median property tax rate in Cudahy, CA is 1.43%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Cudahy, the typical annual property tax bill reaches $4,636, exceeding the national median of $2,690. Property taxes in Cudahy 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 Cudahy'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 Cudahy 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
Cudahy, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.43%
Estimate Property Tax Bill
$4,616
$4,284
$1,148
Average Tax Savings
Ownwell’s Cudahy Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cudahy with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cudahy 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 Cudahy. 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 Cudahy, California
Property taxes in Cudahy, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cudahy is 1.43%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Cudahy set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cudahy 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 Cudahy's effective property tax rate to other areas in Los Angeles County and the national median. For comparison, the 90201 zip code has the highest median property tax rate of 1.43%, while the same zip code also has the lowest median tax rate of 1.43%. Understanding how these areas compare with Cudahy 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 Cudahy Tax Rate
1.43%
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 Cudahy, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 90201 | 1.27% | 1.34% | 1.43% | 1.62% | 2.06% |
Source: Ownwell
$1,148
Average Cudahy Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Cudahy, California
In Cudahy, 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 Cudahy, 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. The median home price in Cudahy is $322,800, with annual property tax bills ranging from $3,298 at the 25th percentile to $8,811 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 90201, with a median tax bill of $4,636. Being aware of these valuation processes in Cudahy helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Cudahy Assessed Value
$322,800
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 Cudahy, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 90201 | $104,450 | $205,824 | $322,800 | $480,064 | $663,378 |
Source: Ownwell
$1,148
Average Cudahy Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Cudahy, California
Property tax bills in Cudahy, located in Los Angeles County, CA, are calculated based on the assessed value of the property. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. Homeowners in Cudahy face property tax bills that can vary significantly, with the 25th percentile at $3,298 and the 90th percentile reaching $8,811. The median home price in Cudahy is $322,800, and the median tax bill stands at $4,636, which is higher than the national median property tax rate of 0.99%. Several factors influence the property tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. High property taxes can place a significant financial burden on homeowners, making it essential to ensure the assessed value is accurate. Ownwell can help homeowners in Cudahy save on their property tax bills by providing expert property tax appeal and exemption services. By reviewing assessments and identifying potential errors, Ownwell ensures homeowners are not overpaying on their property taxes, potentially saving them thousands of dollars annually.
Average Cudahy Tax Bill
$4,636
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 Cudahy, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 90201 | $2,111 | $3,298 | $4,636 | $6,540 | $8,811 |
Source: Ownwell
$1,148
Average Cudahy 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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