Fallbrook, Riverside County, California Property Taxes
Median Fallbrook, CA effective property tax rate: 1.12%, slightly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Fallbrook, CA home value: $884,926
Median annual Fallbrook, CA tax bill: $9,897, $7,497 higher than the national median property tax bill of $2,400.
How are property taxes in Riverside calculated?
Property taxes in Fallbrook, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Fallbrook’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fallbrook, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fallbrook, Riverside County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.12%
Estimate Property Tax Bill
$9,911
$9,197
Ownwell’s Fallbrook Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fallbrook with just two data points.
By entering your property's estimated assessed value, our calculator applies Fallbrook’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Riverside County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Fallbrook, Riverside County, California
Local government entities set property tax rates, which can vary significantly even within a single state. This variability stems from the fact that each county annually estimates the budget necessary to provide essential services, then divides this figure by the total assessed value of all taxable property within its borders. This calculation determines the property tax rate. While voter decisions and legislative actions play roles in setting these rates and budgets, this is the fundamental process that occurs each year.
In Fallbrook, located in Riverside County, property owners experience an effective tax rate that can be compared to other cities within California. The median property tax rate in California stands at 1.12%, slightly above the national median of 1.02%. This comparison highlights how Fallbrook's property tax rates align with broader state and national trends. Understanding these rates can help property owners in Fallbrook make informed decisions about property tax appeals and exemptions, ultimately ensuring they are not overpaying on their property tax bills.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Fallbrook Tax Rate
1.12%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Riverside County Tax Rate
1.26%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fallbrook, Riverside County, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92028 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Fallbrook, Riverside County, California
When examining property taxes in Fallbrook, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Riverside County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Riverside County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Fallbrook. For example, the median home price in Fallbrook is $884,926, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Fallbrook, Riverside County, California
Source: Ownwell

$13,036
$421,705
$830,374
Median Fallbrook Market Value
$884,926
Median Riverside County Market Value
$321,125
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fallbrook, Riverside County, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92028 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Fallbrook, Riverside County, California
Median Fallbrook Tax Bill
$9,897
Median Riverside County Tax Bill
$4,079
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Fallbrook, Riverside County, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92028 | N/A | N/A | N/A | N/A | N/A |
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 |
Links | |
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Riverside Tax Assessor | |
Website | ca-riverside-acr.publicaccessnow.com |