Pasadena, California Property Taxes
The median property tax rate in Pasadena, CA is 1.15%, which is considerably higher than the national median of 0.99% but slightly lower than the California state median of 1.21%. With a median home value of $562,903, the typical annual property tax bill in Pasadena reaches $6,253, far exceeding the national median of $2,690. Property taxes in Pasadena are calculated based on the assessed value, which often falls below the market value due to exemptions like the primary residence exemption. Understanding Pasadena'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 Pasadena or another part of Los Angeles County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pasadena, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$6,473
$6,113
$1,148
Average Pasadena, California Tax Savings
Ownwell’s Pasadena Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pasadena with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pasadena 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 Pasadena. 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 Pasadena, California
Property taxes in Pasadena, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pasadena is 1.15%, higher than the U.S. national median of 0.99%. Local government entities within Pasadena set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pasadena 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 Pasadena's effective property tax rate to other areas in Los Angeles County and the national median. For comparison, the 91104 zip code has the highest median property tax rate of 1.17%, while the 91105 zip code has the lowest median tax rate of 1.12%. Understanding how these areas compare with Pasadena 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 Pasadena Tax Rate
1.15%
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 Pasadena, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91101 | 1.10% | 1.11% | 1.13% | 1.17% | 1.28% |
91103 | 1.10% | 1.13% | 1.17% | 1.27% | 1.50% |
91104 | 1.11% | 1.13% | 1.17% | 1.28% | 1.59% |
91105 | 1.09% | 1.10% | 1.12% | 1.16% | 1.30% |
91106 | 1.09% | 1.11% | 1.13% | 1.18% | 1.30% |
91107 | 1.10% | 1.12% | 1.15% | 1.22% | 1.44% |
Source: Ownwell
$1,148
Average Pasadena Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Pasadena, California
In Pasadena, 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 Pasadena, 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. The median home price in Pasadena is $562,903, with tax bills ranging from $3,494 at the 25th percentile to $15,080 at the 90th percentile. The highest median tax bill is found in the 91105 zip code at $9,791, while the lowest is in the 91104 zip code at $5,425. 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 Pasadena helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Pasadena, California
Source: Ownwell
$54,919
$1,436,037
$2,817,155
Average Pasadena Assessed Value
$562,903
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 Pasadena, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91101 | $153,508 | $311,846 | $513,134 | $716,812 | $979,405 |
91103 | $120,757 | $243,575 | $483,536 | $814,958 | $1,358,993 |
91104 | $105,341 | $248,334 | $475,754 | $797,159 | $1,055,372 |
91105 | $233,435 | $522,136 | $901,388 | $1,464,789 | $2,356,464 |
91106 | $182,134 | $312,032 | $553,318 | $846,398 | $1,641,698 |
91107 | $143,421 | $325,721 | $600,352 | $948,266 | $1,387,891 |
Source: Ownwell
$1,148
Average Pasadena Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Pasadena, California
In Pasadena, located in Los Angeles County, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The assessed value is typically a percentage of the market value. Pasadena's property tax rate is influenced by local levies and bonds, which can significantly impact the final bill. For instance, the median home price in Pasadena is $562,903, and tax bills can range from the 25th percentile at $3,494 to the 90th percentile at $15,080. The highest median tax bill is in the 91105 zip code at $9,791, while the lowest is in the 91104 zip code at $5,425. These taxes can be a considerable burden on homeowners. Ownwell can help homeowners in Pasadena save on their property tax bills by providing expert property tax appeal and exemption services. Our team can identify discrepancies in your assessed value and work to reduce your tax burden, ensuring you only pay what is fair. This can lead to significant savings and peace of mind.
Average Pasadena Tax Bill
$6,253
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 Pasadena, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91101 | $1,847 | $3,334 | $5,542 | $7,603 | $10,334 |
91103 | $1,658 | $2,987 | $5,456 | $8,835 | $14,837 |
91104 | $1,574 | $3,014 | $5,425 | $8,737 | $11,359 |
91105 | $2,880 | $5,820 | $9,791 | $15,583 | $24,899 |
91106 | $2,184 | $3,535 | $6,119 | $9,203 | $17,761 |
91107 | $1,932 | $3,823 | $6,715 | $10,363 | $14,985 |
Source: Ownwell
$1,148
Average Pasadena 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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