Oakdale, California Property Taxes
The median property tax rate in Oakdale, CA is 1.12%, notably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Oakdale at $557,755, the typical annual property tax bill reaches $6,671, significantly exceeding the national median of $2,690. Property taxes in Oakdale are calculated based on the assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Oakdale'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 Oakdale or another part of San Joaquin County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Oakdale, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$6,247
$5,900
Ownwell’s Oakdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Oakdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Oakdale to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Oakdale, California
Property taxes in Oakdale, CA, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Oakdale is 1.12%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Oakdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Oakdale 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 Oakdale's effective property tax rate to other counties in California and the national median. For comparison, the 95361 zip code has the highest median property tax rate of 1.12%, while the same zip code also has the lowest median tax rate of 1.12%. Understanding how these cities compare with Oakdale provides valuable insights into the varying tax landscape across San Joaquin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Oakdale Tax Rate
1.12%
Average San Joaquin County Tax Rate
1.22%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oakdale, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95361 | 1.07% | 1.10% | 1.12% | 1.14% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Oakdale, California
In Oakdale, 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 San Joaquin County Appraisal District 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 Oakdale, 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 Oakdale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 95361 has a median tax bill of $6,671, reflecting the local property tax landscape.
Average Oakdale Assessed Value
$557,755
Average San Joaquin County Assessed Value
$273,669
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Oakdale, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95361 | $151,076 | $339,460 | $557,755 | $822,150 | $975,594 |
Source: Ownwell
Property Tax Bills Across Oakdale, California
In Oakdale, property tax bills are calculated based on the assessed value of a home, which is determined by the San Joaquin County Assessor's Office. The assessed value is typically a percentage of the property's market value, which, in Oakdale, has a median home price of $557,755. The property tax rate in Oakdale is applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including property location, improvements, and any applicable exemptions. For example, the 25th percentile tax bill in Oakdale is $4,187, while the 75th percentile tax bill is $9,213, and the 90th percentile tax bill reaches up to $11,047. These variations highlight how property characteristics and local tax rates can significantly impact homeowners' annual expenses. Compared to the national median property tax rate of 0.99%, Oakdale's property taxes reflect the cost of living and public service funding in the region, affecting homeowners' overall financial planning and housing affordability.
Average Oakdale Tax Bill
$6,671
Average San Joaquin County Tax Bill
$3,562
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Oakdale, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95361 | $2,900 | $4,187 | $6,671 | $9,213 | $11,047 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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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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San Joaquin Tax Assessor | |
Website | common3.mptsweb.com |