Castroville, Monterey County, California Property Taxes

Name: Property Tax Bills Across Castroville, Monterey County, California
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Castroville, CA effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Castroville, CA home value: $250,790
Median annual Castroville, CA tax bill: $3,355, $955 higher than the national median property tax bill of $2,400.

How are property taxes in Monterey calculated?

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

Last Updated March 1, 2025

Castroville, Monterey County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.14%

Estimate Property Tax Bill

$2,859

$2,653

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

By entering your property's estimated assessed value, our calculator applies Castroville’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 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 Monterey County.

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

Property Tax Rates Across Castroville, Monterey County, California

Local government entities set tax rates, which can vary widely within a state. 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 Castroville’s effective property tax rate to other cities in California and the median property tax rates in California and the U.S.

In Castroville, located in Monterey County, the effective property tax rate is notably higher than the national median but aligns with the state's average. This reflects the county's efforts to meet budgetary needs through property taxes. The median property tax rate in Castroville is consistent with the highest and lowest rates in the area, indicating a uniform approach to taxation. By understanding these figures, property owners can better anticipate their tax obligations and explore potential savings through appeals or exemptions. Comparing these rates to the national median provides valuable insight into how local property taxes contribute to community services and infrastructure.

Property Tax Rates Across Castroville, Monterey County, California

Source: Ownwell

1.01%

1.38%

1.74%

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 Castroville Tax Rate

1.14%

Median Effective Monterey County Tax Rate

1.11%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Castroville, Monterey County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
95012	1.09%	1.11%	1.14%	1.24%	1.66%

Source: Ownwell

Property Tax Assessment Values Across Castroville, Monterey County, California

When examining property taxes in Castroville, 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 Monterey County appraisal district 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 Monterey 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 Castroville. For example, the median home price in Castroville is $250,790, with tax bills ranging significantly across the county. 95012 has the highest median home price at $250,790.

Property Tax Assessment Values Across Castroville, Monterey County, California

Source: Ownwell

$99,981

$827,616

$1,555,251

Median Castroville Market Value

$250,790

Median Monterey County Market Value

$410,665

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Castroville, Monterey County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
95012	$82,838	$183,008	$250,790	$431,429	$617,611

Source: Ownwell

Property Tax Bills Across Castroville, Monterey County, California

In Castroville, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the Monterey County Assessor's Office. The assessed value is typically a percentage of the property's market value. Homeowners in Castroville face a median property tax bill of $3,357, significantly higher than the national median of $2,400. Factors such as the property's location, improvements, and any applicable exemptions can influence the tax bill. With tax bills ranging from $1,948 at the 25th percentile to $6,477 at the 90th percentile, homeowners can experience varying financial impacts. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing comparable properties and market trends, Ownwell can challenge over-assessments, helping homeowners reduce their tax burden. This service not only offers potential savings but also provides peace of mind, ensuring that property taxes are fair and accurate.

Property Tax Bills Across Castroville, Monterey County, California

Source: Ownwell

$1,623

$9,720

$17,816

Median Castroville Tax Bill

$3,355

Median Monterey County Tax Bill

$4,500

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Castroville, Monterey County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
95012	$862	$1,950	$3,357	$4,653	$6,484

Source: 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

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