Long Beach, California Property Taxes
The median property tax rate in Long Beach, CA is 1.19%, 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 Long Beach at $612,000, the typical annual property tax bill reaches $7,341, significantly surpassing the national median of $2,690. Property taxes in Long Beach are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Long Beach's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Long Beach or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Long Beach, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$7,283
$6,758
$1,148
Average Tax Savings
Ownwell’s Long Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Long Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Long Beach to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Long Beach. 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 Long Beach, California
Property taxes in Long Beach, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Long Beach is 1.19%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Long Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Long Beach 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 Long Beach's effective property tax rate to other areas in Orange County and the national median. For comparison, the 90815 zip code has the highest median property tax rate of 1.20%, while the 90808 zip code has the lowest median tax rate of 1.18%. Understanding how these cities compare with Long Beach provides valuable insights into the varying tax landscape across Orange County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Long Beach Tax Rate
1.19%
Average Orange County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Long Beach, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90808 | 1.13% | 1.14% | 1.18% | 1.19% | 1.36% |
90815 | 1.18% | 1.19% | 1.20% | 1.25% | 1.27% |
Source: Ownwell
$1,148
Average Long Beach Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Long Beach, California
In Long Beach, 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 Orange 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 Long Beach, 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 Long Beach is $612,000, with tax bills ranging from $5,570 at the 25th percentile to $15,330 at the 90th percentile. The highest median tax bill is $8,343 in the 90808 zip code, while the lowest median tax bill is $6,339 in the 90815 zip code. 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 Long Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Long Beach, California
Source: Ownwell
$10,700
$1,158,683
$2,306,666
Average Long Beach Assessed Value
$612,000
Average Orange County Assessed Value
$514,928
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Long Beach, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90808 | $171,492 | $569,381 | $705,178 | $1,245,466 | $1,527,701 |
90815 | $331,495 | $371,126 | $527,292 | $624,980 | $755,000 |
Source: Ownwell
$1,148
Average Long Beach Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Long Beach, California
In Long Beach, CA, property tax bills are calculated based on the assessed value of the home, which is determined by the Orange County Assessor's Office. The tax rate is then applied to this assessed value. For homeowners in Long Beach, the median home price stands at $612,000, leading to substantial property tax bills. The tax bill can vary significantly, with the 25th percentile at $5,570 and the 75th percentile at $8,919. In some areas, like the 90808 zip code, the highest median tax bill reaches $8,343, while the lowest, in the 90815 zip code, is $6,339. Factors such as property location, improvements, and market conditions influence the assessed value. High property taxes can burden homeowners, making it crucial to ensure your assessment is accurate. Ownwell offers property tax appeal services to help homeowners challenge over-assessments, potentially leading to significant savings. By leveraging local market data and expert knowledge, Ownwell can assist in reducing your property tax bill, providing financial relief and peace of mind.
Average Long Beach Tax Bill
$7,341
Average Orange County Tax Bill
$5,879
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Long Beach, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90808 | $2,522 | $6,780 | $8,343 | $14,158 | $17,318 |
90815 | $4,227 | $4,633 | $6,339 | $7,444 | $8,903 |
Source: Ownwell
$1,148
Average Long Beach Tax Savings
Save on your property taxes & more with 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 |
Links | |
---|---|
Orange Tax Assessor | |
Phone | (714) 834-2331 |
Website | assr.parcelquest.com |
taxpayeradvocate@asr.ocgov.com |
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