Tracy, San Joaquin County, California Property Taxes
Median Tracy, CA effective property tax rate: 1.15%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Tracy, CA home value: $437,276
Median annual Tracy, CA tax bill: $5,691, $3,291 higher than the national median property tax bill of $2,400.
How are property taxes in San Joaquin calculated?
Property taxes in Tracy, 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 Tracy’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tracy, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tracy, San Joaquin County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.15%
Estimate Property Tax Bill
$5,029
$4,666
Property Tax Rates Across Tracy, San Joaquin County, California
Local government entities in Tracy, located in San Joaquin County, CA, determine property tax rates, which can significantly differ across the state. This variation arises because each county annually assesses its budget needs to deliver essential services. The total budget is then divided by the cumulative value of all taxable properties within the jurisdiction, resulting in the property tax rate. While this process involves votes and legislation, it essentially boils down to this annual calculation.
In Tracy, the effective property tax rate can be compared to other cities in California, as well as to the median property tax rates in the state and across the U.S. Tracy's median tax rate is 1.15%, which is above the national median of 1.02%. Within the city, tax rates fluctuate, with the highest median rate reaching 1.64% in certain areas like zip code 95391, and the lowest at 1.10% in zip code 95376. These figures highlight the importance of understanding local tax environments, as they can have a significant impact on property ownership costs.
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 Tracy Tax Rate
1.15%
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 San Joaquin County Tax Rate
1.22%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Tracy, San Joaquin County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95206 | N/A | N/A | N/A | N/A | N/A |
| 95304 | 1.07% | 1.10% | 1.16% | 1.41% | 1.55% |
| 95376 | 1.06% | 1.09% | 1.10% | 1.13% | 1.15% |
| 95377 | 1.09% | 1.12% | 1.35% | 1.52% | 1.74% |
| 95391 | 1.51% | 1.57% | 1.64% | 1.82% | 2.06% |
Source: Ownwell
Property Tax Assessment Values Across Tracy, San Joaquin County, California
When examining property taxes in Tracy, 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 San Joaquin County assessment office 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.
In San Joaquin 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 Tracy. For example, the median home price in Tracy is $437,276, with tax bills ranging significantly across the county. Zip code 95391 has the highest median home price at $601,502.
Property Tax Assessment Values Across Tracy, San Joaquin County, California
Source: Ownwell
$31,382
$393,615
$755,847
Median Tracy Market Value
$437,276
Median San Joaquin County Market Value
$273,669
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Tracy, San Joaquin County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95206 | N/A | N/A | N/A | N/A | N/A |
| 95304 | $66,895 | $252,548 | $486,777 | $682,812 | $892,000 |
| 95376 | $124,987 | $216,656 | $322,326 | $448,295 | $557,448 |
| 95377 | $268,008 | $346,582 | $479,224 | $604,988 | $729,333 |
| 95391 | $320,574 | $461,959 | $601,502 | $725,230 | $846,491 |
Source: Ownwell
Property Tax Bills Across Tracy, San Joaquin County, California
Median Tracy Tax Bill
$5,691
Median San Joaquin County Tax Bill
$3,562
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Tracy, San Joaquin County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95206 | N/A | N/A | N/A | N/A | N/A |
| 95304 | $2,821 | $4,745 | $7,032 | $9,337 | $11,579 |
| 95376 | $1,508 | $2,462 | $3,642 | $5,026 | $6,301 |
| 95377 | $3,703 | $4,975 | $6,331 | $8,044 | $10,763 |
| 95391 | $6,433 | $8,290 | $9,886 | $11,606 | $13,074 |
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 | |
|---|---|
| San Joaquin Tax Assessor | |
| Website | common3.mptsweb.com |