Home
/US Property Taxes
/California
/Los Angeles County
/Valley Village

Valley Village, Los Angeles County, California Property Taxes

  • Median Valley Village, CA effective property tax rate: 1.18%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.

  • Median Valley Village, CA home value: $587,333

  • Median annual Valley Village, CA tax bill: $6,755, $4,355 higher than the national median property tax bill of $2,400.

How are property taxes in Los Angeles County calculated?

Property taxes in Valley Village, 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 Valley Village’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Valley Village, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Valley Village, Los Angeles County, California Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.18%

Estimate Property Tax Bill

$6,931

$6,431

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Valley Village Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Valley Village with just two data points. By entering your property's estimated assessed value, our calculator applies Valley Village’s 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 Valley Village, Los Angeles County, California

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Valley Village’s effective property tax rate to other cities in California and the median property tax rates in California and the U.S. Valley Village, located in Los Angeles County, has a median property tax rate of 1.18%. This rate aligns with the highest and lowest median tax rates within its zip code, 91607. In comparison, the national median property tax rate is 1.02%, with a median property tax bill of $2,400. Although Valley Village's rate is higher than the national median, it reflects the local government's need to meet its budgetary requirements for public services. Understanding these differences can help property owners in Valley Village make informed decisions about their property tax appeals and exemptions.

Property Tax Rates Across Valley Village, Los Angeles County, California

Source: Ownwell

Loading...

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 Valley Village Tax Rate

1.18%

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 Valley Village, Los Angeles County, California

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
916071.16%1.17%1.18%1.21%1.27%

Source: Ownwell

Property Tax Assessment Values Across Valley Village, Los Angeles County, California

When examining property taxes in Valley Village, 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 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 Valley Village. For example, the median home price in Valley Village is $587,333, with tax bills ranging significantly across the county. ZIP code 91607 has the highest median home price at $587,333.

Property Tax Assessment Values Across Valley Village, Los Angeles County, California

Source: Ownwell

Loading...

$54,919

$1,436,037

$2,817,155

Median Valley Village Market Value

$587,333

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 Valley Village, Los Angeles County, California

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
91607$179,191$354,342$587,333$957,708$1,393,320

Source: Ownwell

Property Tax Bills Across Valley Village, Los Angeles County, California

Property tax bills in Valley Village, located in Los Angeles County, CA, are calculated based on the assessed value of the property, which is often aligned with the market value. The median home price in the area is $587,333, contributing to a median tax bill of $6,755. This is significantly higher than the national median property tax bill of $2,400, reflecting California's unique property tax landscape. Homeowners in Valley Village can expect tax bills ranging from the 25th percentile at $4,104 to the 90th percentile at $15,540, depending on the property value and applicable tax rates.

The tax bill is influenced by factors such as property improvements and local levy rates. These bills can pose a substantial financial burden, especially when compared to the national median property tax rate of 1.02%. Ownwell assists homeowners by providing property tax appeal and exemption services, potentially reducing their tax liability. By leveraging local expertise and comprehensive analysis, Ownwell can help homeowners navigate the complexities of property tax assessments, ensuring they do not overpay.

Property Tax Bills Across Valley Village, Los Angeles County, California

Source: Ownwell

Loading...

$823

$15,724

$30,625

Median Valley Village Tax Bill

$6,755

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 Valley Village, Los Angeles County, California

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
91607$2,212$4,104$6,755$10,840$15,540

Source: Ownwell

Don't miss the deadline to appeal!