Inglewood, California Property Taxes
The median property tax rate in Inglewood, CA is 1.44%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Inglewood at $303,114, the typical annual property tax bill reaches $4,426, exceeding the national median of $2,690. Property taxes in Inglewood 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 Inglewood'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 Inglewood 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
Inglewood, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.44%
Estimate Property Tax Bill
$4,365
$4,122
$1,148
Average Inglewood, California Tax Savings
Ownwell’s Inglewood Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Inglewood with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Inglewood 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 Inglewood. 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 Inglewood, California
Property taxes in Inglewood, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Inglewood is 1.44%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Inglewood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Inglewood 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 Inglewood's effective property tax rate to other areas in California and the national median. For comparison, the 90304 zip code has the highest median property tax rate of 1.70%, while the 90302 zip code has the lowest median tax rate of 1.40%. Understanding how these areas compare with Inglewood 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 Inglewood Tax Rate
1.44%
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 Inglewood, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90301 | 1.34% | 1.37% | 1.43% | 1.51% | 1.66% |
90302 | 1.33% | 1.36% | 1.40% | 1.48% | 1.61% |
90303 | 1.35% | 1.40% | 1.45% | 1.57% | 1.94% |
90304 | 1.36% | 1.53% | 1.70% | 1.92% | 2.32% |
90305 | 1.33% | 1.36% | 1.41% | 1.49% | 1.90% |
Source: Ownwell
$1,148
Average Inglewood Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Inglewood, California
In Inglewood, 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 Inglewood, 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 Inglewood helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Inglewood is $5,141 in zip code 90304, while the lowest is $4,095 in zip code 90301.
Property Tax Assessment Values Across Inglewood, California
Source: Ownwell
$54,919
$1,436,037
$2,817,155
Average Inglewood Assessed Value
$303,114
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 Inglewood, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90301 | $112,375 | $189,595 | $289,531 | $457,786 | $702,026 |
90302 | $115,186 | $189,352 | $306,276 | $479,382 | $717,915 |
90303 | $79,008 | $184,142 | $290,020 | $459,510 | $658,428 |
90304 | $126,849 | $202,077 | $296,751 | $469,200 | $680,462 |
90305 | $83,583 | $221,474 | $332,475 | $546,884 | $753,327 |
Source: Ownwell
$1,148
Average Inglewood Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Inglewood, California
In Inglewood, located in Los Angeles County, CA, property tax bills are calculated based on the assessed value of a property, which is typically determined by the market value at the time of purchase. The property tax rate in this region is influenced by various factors, including local government budgets and voter-approved measures. Homeowners in Inglewood can expect property tax bills to vary significantly, with the 25th percentile tax bill at $2,979 and the 75th percentile at $6,624. Some areas, like zip code 90304, see the highest median tax bill at $5,141, while zip code 90301 has the lowest at $4,095. These taxes can place a substantial financial burden on homeowners, but Ownwell can help. By providing expert property tax appeal and exemption services, Ownwell ensures that property assessments are fair and accurate. This can lead to significant savings, reducing the annual tax bill and alleviating the financial strain on homeowners.
Average Inglewood Tax Bill
$4,426
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 Inglewood, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90301 | $1,753 | $2,754 | $4,095 | $6,137 | $9,014 |
90302 | $1,762 | $2,705 | $4,252 | $6,322 | $9,369 |
90303 | $1,488 | $2,801 | $4,207 | $6,375 | $8,836 |
90304 | $2,774 | $3,698 | $5,141 | $7,281 | $9,817 |
90305 | $1,530 | $3,178 | $4,627 | $7,299 | $10,055 |
Source: Ownwell
$1,148
Average Inglewood 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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