Sand City, California Property Taxes
The median property tax rate in Sand City, CA is 1.20%, which is slightly higher than the national median of 0.99% but just below the California state median of 1.21%. With the median home value in Sand City, the typical annual property tax bill is $194, significantly lower than the national median of $2,690. Property taxes in Sand City are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence exemption. Understanding Sand City'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 Sand City or another part of the city, knowing the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sand City, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$194
$180
Ownwell’s SAND CITY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SAND CITY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SAND CITY 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 Sand City, California
Property taxes in Sand City, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sand City is 1.20%, which is higher than the U.S. national median of 0.99%. Local government entities within Sand City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sand City 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 Sand City's effective property tax rate to other areas in California and the national median. For comparison, the zip code 93955 has both the highest and lowest median property tax rate of 1.20%. Understanding how these cities compare with Sand City 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 Sand City 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 Sand City, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93955 | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Sand City, California
In Sand City, 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. 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 Sand City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 93955 has both the highest and lowest median tax bills at $194.
Property Tax Assessment Values Across Sand City, California
Source: Ownwell
$16,130
$2,476,499
$4,936,868
Average Sand City Assessed Value
$16,130
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 Sand City, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93955 | $16,130 | $16,130 | $16,130 | $16,130 | $16,130 |
Source: Ownwell
Property Tax Bills Across Sand City, California
In SAND CITY, Monterey County, CA, property tax bills are determined by assessing the market value of the property. The assessed value is then multiplied by the local tax rate to calculate the annual tax bill. Factors such as property location, size, and any improvements made to the property are taken into consideration when determining its market value. For homeowners in SAND CITY, the property tax rate is aligned with the national median rate of 0.99%. This means that for a median home price of $16,130, the tax bill can be around $194 annually. This figure is consistent across various percentiles, indicating a uniform tax rate application within the city. Property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Understanding how these taxes are calculated helps homeowners budget effectively and ensures they are aware of the value they receive from their contributions to the community.
Average Sand City Tax Bill
$194
Average Monterey County Tax Bill
$4,500
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Sand City, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93955 | $194 | $194 | $194 | $194 | $194 |
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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