Arroyo Grande, California Property Taxes
The median property tax rate in Arroyo Grande, CA is 1.04%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With a median home value of $539,635, the typical annual property tax bill in Arroyo Grande reaches $5,505, significantly exceeding the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which often falls below market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Arroyo Grande'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 Arroyo Grande or another part of San Luis Obispo County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Arroyo Grande, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$5,612
$5,208
Ownwell’s Arroyo Grande Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arroyo Grande with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arroyo Grande 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 Arroyo Grande, California
Property taxes in Arroyo Grande, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arroyo Grande is 1.04%, slightly higher than the U.S. national median of 0.99%. Local government entities within Arroyo Grande set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arroyo Grande 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 Arroyo Grande's effective property tax rate to other areas in San Luis Obispo County and the national median. For comparison, the 93444 zip code has the highest median property tax rate of 1.04%, while the 93420 zip code has the lowest median tax rate of 1.04%. Understanding how these areas compare with Arroyo Grande provides valuable insights into the varying tax landscape across San Luis Obispo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arroyo Grande Tax Rate
1.04%
Average San Luis Obispo County Tax Rate
1.06%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arroyo Grande, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93420 | 0.98% | 1.03% | 1.04% | 1.05% | 1.05% |
| 93444 | 1.03% | 1.04% | 1.04% | 1.06% | 1.07% |
| 93454 | 1.03% | 1.04% | 1.04% | 1.04% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Arroyo Grande, California
In Arroyo Grande, 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 Luis Obispo County Assessor's Office 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 Arroyo Grande, 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 Arroyo Grande is $539,635, with tax bills ranging from $3,107 at the 25th percentile to $11,368 at the 90th percentile. The highest median tax bill is $5,938 in the 93444 zip code, while the lowest is $2,821 in the 93454 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Property Tax Assessment Values Across Arroyo Grande, California
Source: Ownwell
$25,600
$1,162,088
$2,298,576
Average Arroyo Grande Assessed Value
$539,635
Average San Luis Obispo County Assessed Value
$470,020
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arroyo Grande, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93420 | $115,760 | $299,047 | $539,707 | $814,941 | $1,122,000 |
| 93444 | $163,698 | $214,462 | $568,472 | $719,016 | $1,138,822 |
| 93454 | $140,518 | $198,225 | $274,321 | $664,291 | $2,333,130 |
Source: Ownwell
Property Tax Bills Across Arroyo Grande, California
In Arroyo Grande, property tax bills are calculated based on the assessed value of the home, which is typically determined by the market value at the time of purchase. The assessed value is then multiplied by the local property tax rate. Homeowners in Arroyo Grande, located in San Luis Obispo County, experience a variety of tax bills depending on the value of their property. For instance, the median home price in the area is $539,635, and tax bills can range significantly. At the 25th percentile, homeowners might pay around $3,107, while those at the 75th percentile could see bills as high as $8,313. The 90th percentile tax bill can reach up to $11,368. This variation affects homeowners differently, depending on their property's assessed value. The highest median tax bill in the county is $5,938 in the 93444 zip code, while the lowest is $2,821 in the 93454 zip code. These figures illustrate the wide range of property tax obligations faced by homeowners in Arroyo Grande.
Average Arroyo Grande Tax Bill
$5,505
Average San Luis Obispo County Tax Bill
$5,157
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Arroyo Grande, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93420 | $1,309 | $3,112 | $5,506 | $8,315 | $11,364 |
| 93444 | $1,739 | $2,259 | $5,938 | $7,578 | $11,899 |
| 93454 | $1,464 | $2,065 | $2,821 | $6,903 | $24,585 |
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 Luis Obispo Tax Assessor | |
| Website | propertyinquiryportal.slocounty.ca.gov |