Gonzales, California Property Taxes
The median property tax rate in Gonzales, CA is 1.20%, slightly higher than the national median of 0.99% but just below California's state median of 1.21%. With a median home value of $251,270 in Gonzales, the typical annual property tax bill reaches $3,228, surpassing the national median of $2,690. Property taxes in Gonzales are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Gonzales'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 Gonzales 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
Gonzales, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Gonzales Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gonzales with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gonzales to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Gonzales, California
Property taxes in Gonzales, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gonzales is 1.20%, significantly higher than the U.S. national median of 0.99%. Local government entities within Gonzales set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gonzales 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 Gonzales' effective property tax rate to other areas in Monterey County and the national median. For comparison, the zip code 93926 has the highest median property tax rate of 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these areas compare with Gonzales provides valuable insights into the varying tax landscape across Monterey County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gonzales Tax Rate
1.20%
Average Monterey County Tax Rate
1.11%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gonzales, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93926 | 1.14% | 1.18% | 1.20% | 1.37% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Gonzales, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Gonzales, California. 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 Monterey 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 Gonzales, 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 Gonzales is $251,270, and understanding these valuation concepts can help property owners better navigate their tax responsibilities. For instance, the median tax bills range from $2,174 at the 25th percentile to $6,303 at the 90th percentile, with the highest and lowest median tax bills both recorded at $3,228 in the 93926 zip code. By being aware of these processes, homeowners can identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Property Tax Assessment Values Across Gonzales, California
Source: Ownwell
$16,130
$2,476,499
$4,936,868
Average Gonzales Assessed Value
$251,270
Average Monterey County Assessed Value
$410,665
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gonzales, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93926 | $110,988 | $183,752 | $251,270 | $376,490 | $485,160 |
Source: Ownwell
Property Tax Bills Across Gonzales, California
In Gonzales, Monterey County, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. The assessed value typically reflects the market value of the property at the time of purchase, adjusted annually for inflation. Homeowners in Gonzales can expect their property tax bills to be influenced by factors such as the property's size, location, and any improvements made. The median home price in Gonzales is $251,270, and the property tax rate is applied to this assessed value. For homeowners, the 25th percentile tax bill is approximately $2,174, while the 75th percentile tax bill reaches around $4,726. At the 90th percentile, property tax bills can be as high as $6,303. These figures show a range of tax burdens, reflecting the varying property values within the city. Compared to the national median property tax rate of 0.99%, Gonzales homeowners experience a tax rate that is influenced by local property values and assessments, impacting their annual financial obligations.
Average Gonzales Tax Bill
$3,228
Average Monterey County Tax Bill
$4,500
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Gonzales, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93926 | $1,243 | $2,174 | $3,228 | $4,726 | $6,303 |
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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