West Hollywood, California Property Taxes
The median property tax rate in West Hollywood, CA is 1.18%, which is considerably higher than the national median of 0.99% but slightly below the California state median of 1.21%. With a median home value of $691,865 in West Hollywood, the typical annual property tax bill amounts to $7,961, far exceeding the national median of $2,690. Property taxes in West Hollywood are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence exemption. Understanding West Hollywood'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 West Hollywood 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
West Hollywood, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$8,164
$7,576
$1,148
Average Tax Savings
Ownwell’s WEST HOLLYWOOD Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in WEST HOLLYWOOD with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in WEST HOLLYWOOD 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 WEST HOLLYWOOD. 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 West Hollywood, California
Property taxes in West Hollywood, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Hollywood is 1.18%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within West Hollywood set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Hollywood 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 West Hollywood's effective property tax rate to other counties in California and the national median. For comparison, the 90046 zip code has the highest median property tax rate of 1.19%, while the 90048 zip code has the lowest median tax rate of 1.17%. Understanding how these cities compare with West Hollywood 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 West Hollywood Tax Rate
1.18%
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 West Hollywood, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90038 | 1.17% | 1.17% | 1.19% | 1.23% | 1.28% |
90046 | 1.15% | 1.17% | 1.19% | 1.28% | 1.41% |
90048 | 1.15% | 1.16% | 1.17% | 1.23% | 1.41% |
90069 | 1.15% | 1.17% | 1.18% | 1.22% | 1.28% |
Source: Ownwell
$1,148
Average West Hollywood Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across West Hollywood, California
In West Hollywood, 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 West Hollywood, 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 West Hollywood helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is in the 90048 zip code at $12,242, while the lowest is in the 90038 zip code at $2,121.
Property Tax Assessment Values Across West Hollywood, California
Source: Ownwell
$54,919
$1,436,037
$2,817,155
Average West Hollywood Assessed Value
$691,865
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 West Hollywood, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90038 | $143,407 | $159,636 | $179,252 | $199,317 | $323,342 |
90046 | $206,270 | $386,503 | $696,196 | $1,147,438 | $1,627,180 |
90048 | $332,523 | $582,889 | $1,046,110 | $1,813,916 | $2,684,578 |
90069 | $240,175 | $417,570 | $662,793 | $1,028,023 | $1,769,595 |
Source: Ownwell
$1,148
Average West Hollywood Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across West Hollywood, California
Property tax bills in West Hollywood, located in Los Angeles County, CA, are calculated based on the assessed value of your property. The assessed value is typically determined by the market value of the home at the time of purchase, with annual adjustments for inflation. West Hollywood’s property tax rate can result in significant variability in tax bills. For instance, while the 25th percentile tax bill is around $5,040, the 75th percentile can reach up to $12,730, and the 90th percentile soars to $21,156. Comparatively, the national median property tax rate is 0.99%. Factors such as property improvements, neighborhood changes, and local tax levies can influence the assessed value, impacting your tax bill. Homeowners in West Hollywood may find these fluctuations challenging to manage. This is where Ownwell comes in. By leveraging expert knowledge in property tax appeals and exemptions, Ownwell can help you navigate the complexities of the tax system, potentially lowering your tax bill and ensuring you don't overpay.
Average West Hollywood Tax Bill
$7,961
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 West Hollywood, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90038 | $1,776 | $1,885 | $2,121 | $2,322 | $3,947 |
90046 | $2,821 | $4,755 | $8,188 | $13,062 | $18,646 |
90048 | $4,199 | $6,870 | $12,242 | $21,212 | $30,172 |
90069 | $3,004 | $4,883 | $7,560 | $11,403 | $19,227 |
Source: Ownwell
$1,148
Average West Hollywood 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 | November 30 |
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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