Surfside, California Property Taxes
The median property tax rate in Surfside, CA is 1.18%, 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 $1,146,975 in Surfside, the typical annual property tax bill amounts to $13,504, significantly surpassing the national median of $2,690. Property taxes in Surfside are determined based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Surfside'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 Surfside 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
Surfside, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$13,534
$12,559
$1,148
Average Tax Savings
Ownwell’s Surfside Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Surfside with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Surfside 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 Surfside. 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 Surfside, California
Property taxes in Surfside, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Surfside is 1.18%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Surfside set these rates annually, and they can vary significantly across different neighborhoods. Each year, Surfside 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 Surfside's effective property tax rate to other counties in California and the national median. For comparison, the 90743 zip code has the highest median property tax rate of 1.18%, while the 90743 zip code also has the lowest median tax rate of 1.18%. Understanding how these cities compare with Surfside 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 Surfside Tax Rate
1.18%
Average Orange County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Surfside, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90743 | 1.13% | 1.15% | 1.18% | 1.25% | 1.49% |
Source: Ownwell
$1,148
Average Surfside Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Surfside, California
In Surfside, 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 Surfside, 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. For instance, the median home price in Surfside is $1,146,975, with tax bills ranging from $7,228 at the 25th percentile to $34,305 at the 90th percentile. The highest and lowest median tax bills are found in the zip code 90743, both at $13,504. By understanding 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 Surfside helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Surfside, California
Source: Ownwell
$10,700
$1,158,683
$2,306,666
Average Surfside Assessed Value
$1,146,975
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 Surfside, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90743 | $194,521 | $575,594 | $1,146,975 | $1,642,104 | $3,028,673 |
Source: Ownwell
$1,148
Average Surfside Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Surfside, California
In Surfside, CA, property tax bills are calculated based on the assessed value of the home, which is often lower than the market value. For example, with a median home price of $1,146,975, homeowners face varying tax bills. The 25th percentile tax bill is $7,228, while the 75th percentile reaches $18,982, and the 90th percentile hits $34,305. These figures highlight the significant financial impact property taxes can have on homeowners. Factors such as the local tax rate and any applicable exemptions or deductions play a crucial role in determining the final tax bill. With the median property tax rate in Surfside potentially higher than the national median of 0.99%, homeowners may find themselves paying substantial amounts annually. Ownwell can assist homeowners in Surfside by providing expert property tax appeal and exemption services. By identifying potential errors in assessed values or overlooked exemptions, Ownwell helps reduce tax burdens, ensuring homeowners pay only their fair share.
Average Surfside Tax Bill
$13,504
Average Orange County Tax Bill
$5,879
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Surfside, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
90743 | $2,828 | $7,228 | $13,504 | $18,982 | $34,305 |
Source: Ownwell
$1,148
Average Surfside 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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