Westminster, California Property Taxes
The median property tax rate in Westminster, CA is 1.22%, slightly higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Westminster at $398,184, the typical annual property tax bill reaches $5,048, significantly exceeding the national median of $2,690. Property taxes in Westminster 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 Westminster'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 Westminster 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
Westminster, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$4,858
$4,508
$1,148
Average Tax Savings
Ownwell’s Westminster Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Westminster with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Westminster 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 Westminster. 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 Westminster, California
Property taxes in Westminster, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Westminster is 1.22%, which is higher than the U.S. national median of 0.99%. Local government entities within Westminster set these rates annually, and they can vary significantly across different neighborhoods. Each year, Westminster 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 Westminster's effective property tax rate to other counties in California and the national median. For comparison, the zip code 92683 has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these cities compare with Westminster 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 Westminster Tax Rate
1.22%
Average Orange County Tax Rate
1.14%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Westminster, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92683 | 1.10% | 1.18% | 1.22% | 1.30% | 1.56% |
Source: Ownwell
$1,148
Average Westminster Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Westminster, California
In Westminster, 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 Westminster, 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 Westminster helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Westminster is $398,184, with the highest and lowest median tax bills both being $5048 in the 92683 zip code. This insight can help homeowners make informed decisions about their property taxes.
Property Tax Assessment Values Across Westminster, California
Source: Ownwell
$10,700
$1,158,683
$2,306,666
Average Westminster Assessed Value
$398,184
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 Westminster, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92683 | $36,433 | $192,810 | $398,184 | $636,257 | $803,829 |
Source: Ownwell
$1,148
Average Westminster Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Westminster, California
In Westminster, CA, within Orange County, property tax bills are calculated based on the assessed value of the home. The assessed value typically starts at the purchase price and can increase annually by up to 2% under California's Proposition 13. Several factors influence the final tax bill, including local tax rates, special assessments, and voter-approved bonds. For homeowners, this means that while the median home price is $398,184, tax bills can vary significantly. For instance, the 25th percentile tax bill is $2,825, while the 75th percentile reaches $7,673, and the 90th percentile goes up to $9,493. Ownwell can help homeowners in Westminster navigate this complex landscape by providing expert property tax appeal and exemption services. By ensuring that your property is accurately assessed and identifying potential exemptions, Ownwell can help you potentially save thousands on your property tax bill. This is particularly beneficial in a region where the median tax bill stands at $5,048, higher than the national median property tax rate of 0.99%.
Average Westminster Tax Bill
$5,048
Average Orange County Tax Bill
$5,879
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Westminster, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92683 | $608 | $2,825 | $5,048 | $7,673 | $9,493 |
Source: Ownwell
$1,148
Average Westminster 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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