Woodbridge, California Property Taxes
The median property tax rate in Woodbridge, CA is 1.37%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Woodbridge, the typical annual property tax bill reaches $4,459, exceeding the national median of $2,690. Property taxes in Woodbridge 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 Woodbridge'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 Woodbridge 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
Woodbridge, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$4,415
$4,097
Ownwell’s Woodbridge Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Woodbridge with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Woodbridge 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 Woodbridge, California
Property taxes in Woodbridge, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Woodbridge is 1.37%, significantly higher than the U.S. national median of 0.99%. Local government entities within Woodbridge set these rates annually, and they can vary significantly across different neighborhoods. Each year, Woodbridge 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 Woodbridge's effective property tax rate to other areas in California and the national median. For comparison, the 95258 zip code has the highest median property tax rate of 1.37%, while the same zip code also has the lowest median tax rate of 1.37%. Understanding how these cities compare with Woodbridge 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 Woodbridge Tax Rate
1.37%
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 Woodbridge, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95258 | 1.23% | 1.29% | 1.37% | 1.50% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Woodbridge, California
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Woodbridge, CA. 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 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 Woodbridge, 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. The median home price in Woodbridge is $322,276, with tax bills ranging from $3,212 at the 25th percentile to $8,046 at the 90th percentile. The highest and lowest median tax bills are both $4,459 in the 95258 zip code. 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 Woodbridge helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Woodbridge Assessed Value
$322,276
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 Woodbridge, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95258 | $133,278 | $207,600 | $322,276 | $463,462 | $643,425 |
Source: Ownwell
Property Tax Bills Across Woodbridge, California
In Woodbridge, located in San Joaquin County, CA, property tax bills are calculated based on the assessed value of the home. The median home price in Woodbridge is $322,276. Property taxes are determined by multiplying the assessed value by the local tax rate, which is influenced by factors such as local government budgets and voter-approved measures. For homeowners, this means that their tax bill can vary significantly depending on the value of their property and the specific tax rate applied. For example, in Woodbridge, the 25th percentile property tax bill is $3,212, while the 75th percentile tax bill is $5,994. At the 90th percentile, homeowners can expect to pay around $8,046. These figures illustrate the range of property tax obligations that homeowners might face. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners in Woodbridge to understand how local factors influence their tax bills. This knowledge can help them better manage their financial planning and anticipate annual property tax expenses.
Average Woodbridge Tax Bill
$4,459
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 Woodbridge, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95258 | $2,361 | $3,212 | $4,459 | $5,994 | $8,046 |
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 |