Seal Beach, California Property Taxes
The median property tax rate in Seal Beach, CA is 1.19%, which is higher than the national median of 0.99% but slightly lower than the California state median of 1.21%. With a median home value of $601,251, the typical annual property tax bill in Seal Beach amounts to $7,201, far exceeding the national median of $2,690. Property taxes here 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. Understanding Seal Beach’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 Seal Beach 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
Seal Beach, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$7,155
$6,640
$1,148
Average Tax Savings
Ownwell’s SEAL BEACH Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in SEAL BEACH with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in SEAL 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 SEAL 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 Seal Beach, California
Property taxes in Seal Beach, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Seal Beach is 1.19%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Seal Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Seal 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 Seal Beach's effective property tax rate to other counties in California and the national median. For comparison, the zip code 90740 has the highest median property tax rate of 1.19%, while the same zip code also has the lowest median tax rate of 1.19%. Understanding how these figures compare with Seal 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 Seal 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 Seal Beach, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90740 | 1.14% | 1.16% | 1.19% | 1.29% | 1.58% |
Source: Ownwell
$1,148
Average Seal Beach Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Seal Beach, California
In Seal 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 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 Seal 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Seal Beach is $601,251. The median tax bill for the 25th percentile is $3,826, while the 75th percentile sees a tax bill of $11,560, and the 90th percentile faces $16,313. The highest and lowest median tax bills are both $7,201 in the 90740 zip code. Being aware of these valuation processes in Seal Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Seal Beach, California
Source: Ownwell
$10,700
$1,158,683
$2,306,666
Average Seal Beach Assessed Value
$601,251
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 Seal Beach, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90740 | $114,385 | $301,004 | $601,251 | $995,249 | $1,422,285 |
Source: Ownwell
$1,148
Average Seal Beach Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Seal Beach, California
In Seal Beach, located in Orange County, CA, property tax bills are calculated based on the assessed value of the home. The assessed value is determined by the county assessor and typically reflects the market value at the time of purchase, adjusted annually for inflation. The property tax rate in Seal Beach is influenced by both state and local levies, including voter-approved bonds and special assessments. For homeowners, this means that a median home price of $601,251 can result in varying tax bills. For instance, tax bills in the 25th percentile are around $3,826, while those in the 75th percentile can reach up to $11,560. The highest median tax bill in the area is $7,201. These figures are significantly higher than the national median property tax rate of 0.99%. Ownwell helps homeowners reduce their property tax bills by providing expert property tax appeal and exemption services. By analyzing the assessed value and comparing it with market trends, Ownwell can identify discrepancies and file appeals on behalf of homeowners, potentially saving them thousands of dollars annually.
Average Seal Beach Tax Bill
$7,201
Average Orange County Tax Bill
$5,879
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Seal Beach, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90740 | $1,796 | $3,826 | $7,201 | $11,560 | $16,313 |
Source: Ownwell
$1,148
Average Seal 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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