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Palos Verdes Estates, Los Angeles County, California Property Taxes

  • Median Palos Verdes Estates, CA effective property tax rate: 1.15%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.

  • Median Palos Verdes Estates, CA home value: $1,484,314

  • Median annual Palos Verdes Estates, CA tax bill: $16,711, $14,311 higher than the national median property tax bill of $2,400.

How are property taxes in Los Angeles County calculated?

Property taxes in Palos Verdes Estates, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Palos Verdes Estates’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Palos Verdes Estates, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Palos Verdes Estates, Los Angeles County, California Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.15%

Estimate Property Tax Bill

$17,070

$15,840

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Palos Verdes Estates Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Palos Verdes Estates with just two data points.

By entering your property's estimated assessed value, our calculator applies Palos Verdes Estates’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Los Angeles County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Palos Verdes Estates, Los Angeles County, California

Local government entities determine property tax rates, which can significantly differ within a state. Each year, counties assess their budgetary needs for public services and divide this by the total market value of all taxable properties in their jurisdiction. This calculation establishes the property tax rate. Although the process involves legislation and voting, this is the essence of how rates are determined annually.

In Palos Verdes Estates, located in Los Angeles County, the effective property tax rate offers an intriguing comparison to rates in other Californian cities and the national median. California's median property tax rate is slightly above the national median, reflecting the state's unique economic landscape and public service demands. Despite this, Palos Verdes Estates maintains a competitive rate within the state, highlighting the balance between funding essential services and keeping taxes manageable for residents. Understanding these dynamics can help property owners make informed decisions about tax appeals and exemptions, ensuring they pay only what is necessary.

Property Tax Rates Across Palos Verdes Estates, Los Angeles County, California

Source: Ownwell

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1.08%

1.43%

1.78%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Palos Verdes Estates Tax Rate

1.15%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Los Angeles County Tax Rate

1.24%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Palos Verdes Estates, Los Angeles County, California

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
902741.09%1.12%1.15%1.23%1.58%

Source: Ownwell

Property Tax Assessment Values Across Palos Verdes Estates, Los Angeles County, California

When examining property taxes in Palos Verdes Estates, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Los Angeles County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Los Angeles County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Palos Verdes Estates.

For example, the median home price in Palos Verdes Estates is $1,484,314, with tax bills ranging significantly across the county. Zip code 90274 has the highest median home price at $1,484,314.

Property Tax Assessment Values Across Palos Verdes Estates, Los Angeles County, California

Source: Ownwell

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$54,919

$1,436,037

$2,817,155

Median Palos Verdes Estates Market Value

$1,484,314

Median Los Angeles County Market Value

$434,238

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Palos Verdes Estates, Los Angeles County, California

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
90274$296,345$805,095$1,484,314$2,270,489$3,458,105

Source: Ownwell

Property Tax Bills Across Palos Verdes Estates, Los Angeles County, California

In Palos Verdes Estates, located in Los Angeles County, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value usually reflects the property's purchase price, with annual increases capped under California's Proposition 13. Homeowners in Palos Verdes Estates experience a median property tax bill of $16,711, significantly higher than the national median of $2,400. This substantial tax bill is influenced by the area's high median home price of $1,484,314. The property tax rate is applied to the assessed value, with additional factors such as local levies and voter-approved bonds contributing to the final tax bill. Homeowners may feel the financial pressure due to these high tax bills. However, Ownwell can assist by appealing property assessments and identifying potential exemptions, potentially leading to substantial savings. By leveraging their expertise, homeowners can ensure they are not overpaying and can better manage their property tax obligations.

Property Tax Bills Across Palos Verdes Estates, Los Angeles County, California

Source: Ownwell

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$823

$15,724

$30,625

Median Palos Verdes Estates Tax Bill

$16,711

Median Los Angeles County Tax Bill

$5,343

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Palos Verdes Estates, Los Angeles County, California

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
90274$4,544$9,704$16,711$24,578$36,618

Source: Ownwell

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