Soledad, Monterey County, California Property Taxes
Median Soledad, CA effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but slightly higher than the California state median of 1.21%.
Median Soledad, CA home value: $289,474
Median annual Soledad, CA tax bill: $3,622, $1,222 higher than the national median property tax bill of $2,400.
How are property taxes in Monterey calculated?
Property taxes in Soledad, 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 Soledad’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Soledad, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Soledad, Monterey County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.22%
Estimate Property Tax Bill
$3,532
$3,277
Property Tax Rates Across Soledad, Monterey County, California
Local government entities in California set property tax rates, which can vary significantly across the state. Annually, each county, like Monterey, determines its required budget to provide essential services. This budget is then divided by the total assessed value of all taxable property within the county, resulting in the property tax rate. While the process involves votes and laws, this is essentially how it works each year.
In Soledad, located in Monterey County, the effective property tax rate is 1.22%, which is notably higher than the national median of 1.02%. This rate reflects the county's fiscal needs and the total assessed property values within its jurisdiction. When compared to other cities in California, Soledad's rate underscores the diversity in property tax rates across the state. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively. By comparing Soledad's property tax rate to the national median, one can appreciate the unique fiscal landscape of California, which often requires higher rates due to its varied economic demands and property values.
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 Soledad Tax Rate
1.22%
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 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 Soledad, Monterey County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93960 | 1.14% | 1.18% | 1.22% | 1.38% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Soledad, Monterey County, California
When examining property taxes in Soledad, 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 Assessor's Office 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 May. 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 Soledad. For example, the median home price in Soledad is $289,474, with tax bills ranging significantly across the county. Zip code 93960 has the highest median home price at $289,474.
Property Tax Assessment Values Across Soledad, Monterey County, California
Source: Ownwell
$99,981
$827,616
$1,555,251
Median Soledad Market Value
$289,474
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 Soledad, Monterey County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93960 | $81,586 | $189,362 | $289,474 | $441,132 | $546,485 |
Source: Ownwell
Property Tax Bills Across Soledad, Monterey County, California
Median Soledad Tax Bill
$3,622
Median Monterey County Tax Bill
$4,500
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Soledad, Monterey County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93960 | $812 | $2,158 | $3,624 | $5,585 | $6,940 |
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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