Salinas, California Property Taxes
The median property tax rate in Salinas, CA is 1.12%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Salinas, the typical annual property tax bill reaches $4,011, exceeding the national median of $2,690. Property taxes in Salinas 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 Salinas'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 Salinas 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
Salinas, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$3,991
$3,769
Ownwell’s Salinas Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Salinas with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Salinas 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 Salinas, California
Property taxes in Salinas, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Salinas is 1.12%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Salinas set these rates annually, and they can vary significantly across different neighborhoods. Each year, Salinas 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 Salinas' effective property tax rate to other counties in California and the national median. For comparison, the 93905 zip code has the highest median property tax rate of 1.22%, while the 95004 zip code has the lowest median tax rate of 1.10%. Understanding how these cities compare with Salinas 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 Salinas Tax Rate
1.12%
Average Monterey County Tax Rate
1.11%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Salinas, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93901 | 1.07% | 1.09% | 1.10% | 1.11% | 1.14% |
| 93905 | 1.09% | 1.17% | 1.22% | 1.26% | 1.39% |
| 93906 | 1.08% | 1.09% | 1.12% | 1.15% | 1.25% |
| 93907 | 1.08% | 1.09% | 1.10% | 1.12% | 1.15% |
| 93908 | 1.06% | 1.09% | 1.10% | 1.11% | 1.12% |
| 95004 | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Salinas, California
In Salinas, 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 Monterey County Assessor's Office 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 Salinas, 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 Salinas helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in the area is $7,379 in zip code 93908, while the lowest is $1,430 in zip code 95004.
Average Salinas Assessed Value
$356,358
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 Salinas, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93901 | $99,320 | $217,068 | $366,907 | $542,698 | $684,400 |
| 93905 | $115,589 | $184,698 | $271,024 | $418,115 | $555,501 |
| 93906 | $116,620 | $217,610 | $327,128 | $468,687 | $609,681 |
| 93907 | $162,751 | $264,591 | $412,794 | $627,508 | $811,768 |
| 93908 | $257,325 | $447,218 | $680,000 | $928,889 | $1,251,216 |
| 95004 | $130,127 | $130,127 | $130,127 | $130,127 | $130,127 |
Source: Ownwell
Property Tax Bills Across Salinas, California
Property tax bills in Salinas, Monterey County, CA, are calculated based on the assessed value of a property, which is typically determined by the county assessor. The assessed value is influenced by factors such as the property's market value, location, and any improvements made. In Salinas, the median home price is $356,358, and the property tax rate is applied to this assessed value to determine the annual tax bill. Homeowners in Salinas can expect tax bills to vary significantly. For instance, the 25th percentile tax bill is $2,461, while the 75th percentile reaches $6,047, and the 90th percentile climbs to $8,166. The highest median tax bill in the area is $7,379, found in the 93908 zip code, whereas the lowest median tax bill is $1,430 in the 95004 zip code. These property tax bills directly impact homeowners by contributing to local services such as schools, infrastructure, and public safety. Understanding how these taxes are calculated can help homeowners better manage their finances and anticipate annual expenses.
Average Salinas Tax Bill
$4,011
Average Monterey County Tax Bill
$4,500
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Salinas, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93901 | $1,079 | $2,303 | $3,905 | $5,804 | $7,352 |
| 93905 | $1,341 | $2,160 | $3,227 | $5,000 | $6,812 |
| 93906 | $1,196 | $2,346 | $3,662 | $5,206 | $6,811 |
| 93907 | $1,728 | $2,812 | $4,386 | $6,629 | $8,540 |
| 93908 | $2,714 | $4,812 | $7,379 | $10,020 | $13,060 |
| 95004 | $1,430 | $1,430 | $1,430 | $1,430 | $1,430 |
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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