South Pasadena, California Property Taxes
The median property tax rate in South Pasadena, CA is 1.26%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in South Pasadena, the typical annual property tax bill reaches $8,286, exceeding the national median of $2,690. Property taxes in South Pasadena 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 South 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 South Pasadena 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
South Pasadena, 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 South Pasadena, California Tax Savings
Ownwell’s South Pasadena Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in South Pasadena with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in South 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 South 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 South Pasadena, California
Property taxes in South 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 South Pasadena is 1.26%, which is significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within South Pasadena set these rates annually, and they can vary significantly across different neighborhoods. Each year, South 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 South Pasadena's effective property tax rate to other counties in California and the national median. For comparison, the 91030 zip code has the highest median property tax rate of 1.26%, while the same zip code also has the lowest median tax rate of 1.26%. Understanding how these cities compare with South 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 South Pasadena Tax Rate
1.26%
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 South Pasadena, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91030 | 1.18% | 1.21% | 1.26% | 1.37% | 1.62% |
Source: Ownwell
$1,148
Average South Pasadena Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across South Pasadena, California
In South 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 Appraisal District 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 South 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. For instance, the median home price in South Pasadena is $664,762, with tax bills ranging from $4,725 at the 25th percentile to $19,120 at the 90th percentile. South Pasadena's highest and lowest median tax bills are both recorded at $8,286 in the 91030 zip code. 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 South Pasadena helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across South Pasadena, California
Source: Ownwell
$54,919
$1,436,037
$2,817,155
Average South Pasadena Assessed Value
$664,762
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 South Pasadena, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91030 | $161,544 | $352,854 | $664,762 | $1,132,212 | $1,660,859 |
Source: Ownwell
$1,148
Average South Pasadena Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across South Pasadena, California
In South Pasadena, property tax bills are calculated based on the assessed value of the home, which is determined by the Los Angeles County Assessor's Office. The assessed value is influenced by the market value of the property and any improvements made. Homeowners in South Pasadena face a median home price of $664,762, with property tax bills ranging from $4,725 at the 25th percentile to $19,120 at the 90th percentile. The highest and lowest median tax bills in the area are both $8,286, located in the 91030 ZIP code. Compared to the national median property tax rate of 0.99%, South Pasadena's property taxes can significantly impact homeowners. This is where Ownwell steps in to assist. By leveraging expert knowledge and tailored strategies, Ownwell helps homeowners appeal their property tax assessments and apply for eligible exemptions. This can lead to substantial savings, ensuring that homeowners are not overpaying on their property tax bills.
Average South Pasadena Tax Bill
$8,286
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 South Pasadena, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
91030 | $2,601 | $4,725 | $8,286 | $13,457 | $19,120 |
Source: Ownwell
$1,148
Average South 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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