Northridge, California Property Taxes
The median property tax rate in Northridge, CA is 1.21%, matching the California state median but notably higher than the national median of 0.99%. With a median home value of $497,230, the typical annual property tax bill in Northridge reaches $5,807, significantly exceeding the national median of $2,690. Property taxes in Northridge are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence exemption. Understanding Northridge's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Northridge or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Northridge, 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 Northridge, California Tax Savings
Ownwell’s Northridge Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Northridge with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Northridge 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 Northridge. 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 Northridge, California
Property taxes in Northridge, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Northridge is 1.21%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Northridge set these rates annually, and they can vary significantly across different neighborhoods. Each year, Northridge 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 Northridge's effective property tax rate to other areas in Los Angeles County and the national median. For comparison, the 91343 zip code has the highest median property tax rate of 1.22%, while the 91325 zip code has the lowest median tax rate of 1.21%. Understanding how these areas compare with Northridge 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 Northridge Tax Rate
1.21%
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 Northridge, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91324 | 1.17% | 1.19% | 1.21% | 1.25% | 1.33% |
91325 | 1.17% | 1.19% | 1.21% | 1.24% | 1.32% |
91343 | 1.18% | 1.20% | 1.22% | 1.26% | 1.40% |
Source: Ownwell
$1,148
Average Northridge Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Northridge, California
In Northridge, 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 Northridge, 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 Northridge helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Northridge is $5,886 in the 91325 zip code, while the lowest is $5,713 in the 91343 zip code.
Property Tax Assessment Values Across Northridge, California
Source: Ownwell
$54,919
$1,436,037
$2,817,155
Average Northridge Assessed Value
$497,230
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 Northridge, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91324 | $198,735 | $309,192 | $498,566 | $717,875 | $953,700 |
91325 | $185,251 | $307,310 | $499,912 | $723,078 | $941,614 |
91343 | $131,410 | $303,423 | $484,180 | $697,426 | $860,496 |
Source: Ownwell
$1,148
Average Northridge Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Northridge, California
In Northridge, CA, property tax bills are calculated based on the assessed value of your home, which is determined by the Los Angeles County Assessor’s Office. The assessed value is typically a percentage of the market value of the property. For instance, with a median home price of $497,230, the tax bill can vary significantly. Homeowners in Northridge can expect to pay between $3,633 and $10,849, depending on their property's assessed value and specific circumstances. Factors such as property improvements, neighborhood changes, and local tax rates influence these amounts. The highest median tax bill in the region is $5,886 in the 91325 zip code, while the lowest is $5,713 in the 91343 zip code. Ownwell helps homeowners save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property's assessed value and identifying discrepancies, Ownwell can potentially reduce your tax burden, ensuring you only pay your fair share.
Average Northridge Tax Bill
$5,807
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 Northridge, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91324 | $2,253 | $3,618 | $5,762 | $8,302 | $10,947 |
91325 | $2,344 | $3,648 | $5,886 | $8,458 | $10,981 |
91343 | $1,648 | $3,645 | $5,713 | $8,067 | $9,639 |
Source: Ownwell
$1,148
Average Northridge 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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