Watsonville, California Property Taxes
The median property tax rate in Watsonville, CA is 1.11%, which is considerably higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Watsonville at $341,628, the typical annual property tax bill reaches $3,593, exceeding the national median of $2,690. Property taxes in Watsonville 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 Watsonville'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 Watsonville 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
Watsonville, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$3,792
$3,581
Ownwell’s Watsonville Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Watsonville with just two data points. By entering your property's estimated assessed value, the calculator utilizes the median tax rate in Watsonville to project your property tax bill. This valuable tool aids in understanding potential tax liabilities. For those interested in neighborhood-level trends, further localized information is available below. Your property’s assessed value is the value assigned by the county for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Watsonville, California
Property taxes in Watsonville, California, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Watsonville is 1.11%, which is higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Watsonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Watsonville 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 Watsonville's effective property tax rate to other counties in California and the national median. For comparison, the 95076 zip code has the highest median property tax rate of 1.11%, while the same zip code also has the lowest median tax rate of 1.11%. Understanding how these cities compare with Watsonville 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 Watsonville Tax Rate
1.11%
Average Monterey County Tax Rate
1.11%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Watsonville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95076 | 1.08% | 1.09% | 1.11% | 1.16% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Watsonville, California
In Watsonville, 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 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 Watsonville, 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 Watsonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 95076 has both the highest and lowest median tax bill at $3,448, highlighting the variability within the region.
Property Tax Assessment Values Across Watsonville, California
Source: Ownwell
$16,130
$2,476,499
$4,936,868
Average Watsonville Assessed Value
$341,628
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 Watsonville, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95076 | $120,616 | $202,312 | $329,748 | $481,135 | $637,548 |
Source: Ownwell
Property Tax Bills Across Watsonville, California
In Watsonville, located in Monterey County, CA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and typically reflects the market value of the property at the time of purchase, with possible annual adjustments. Homeowners in Watsonville can expect their property tax bills to vary significantly, with the 25th percentile at $1,865 and the 75th percentile at $5,423. The 90th percentile tax bill can reach up to $7,067. These figures are influenced by several factors, including the property's location, size, and any improvements made. The local tax rate is also a crucial component, and while the national median property tax rate stands at 0.99%, the specific rate in Watsonville can differ. For homeowners, understanding these elements is essential, as property taxes represent a significant annual expense that can impact overall housing affordability. The highest and lowest median tax bills both stand at $3,448 in the 95076 zip code, indicating some consistency within the area.
Average Watsonville Tax Bill
$3,593
Average Monterey County Tax Bill
$4,500
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Watsonville, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95076 | $953 | $1,904 | $3,448 | $4,967 | $6,868 |
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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