Avila Beach, California Property Taxes
The median property tax rate in Avila Beach, CA is 1.04%, slightly higher than the national median of 0.99% but lower than the California state median of 1.21%. With the median home value in Avila Beach at $829,408, the typical annual property tax bill reaches $8,249, significantly exceeding the national median of $2,690. Property taxes in Avila Beach 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 Avila Beach'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 Avila Beach 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
Avila Beach, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$8,626
$8,146
Ownwell’s Avila Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Avila Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Avila Beach 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 Avila Beach, California
Property taxes in Avila Beach, California, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Avila Beach is 1.04%, higher than the U.S. national median of 0.99%. Local government entities within Avila Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Avila Beach 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 Avila Beach's effective property tax rate to other counties in California and the national median. For comparison, the 93424 zip code has the highest median property tax rate of 1.04%, while the same zip code also has the lowest median tax rate of 1.04%. Understanding how these cities compare with Avila Beach 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 Avila Beach 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 Avila Beach, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93424 | 1.01% | 1.03% | 1.04% | 1.04% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Avila Beach, California
In Avila Beach, 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 Avila Beach, 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 Avila Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 93424 has both the highest and lowest median tax bill, recorded at $8,249.
Property Tax Assessment Values Across Avila Beach, California
Source: Ownwell
$25,600
$1,162,088
$2,298,576
Average Avila Beach Assessed Value
$829,408
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 Avila Beach, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93424 | $344,969 | $529,562 | $829,408 | $1,178,104 | $1,784,869 |
Source: Ownwell
Property Tax Bills Across Avila Beach, California
In Avila Beach, property tax bills are determined based on the assessed value of the property, which is influenced by the market value and any applicable exemptions. The median home price in Avila Beach is $829,408, and the property tax rate is set by San Luis Obispo County. This rate is applied to the assessed value to calculate the annual tax bill. For instance, homeowners in the 25th percentile can expect a tax bill around $5,267, while those in the 75th percentile may see bills closer to $11,914. High-value properties, such as those in the 90th percentile, can incur tax bills up to $17,466. These tax bills significantly impact homeowners, affecting their annual expenses and budgeting. Compared to the national median property tax rate of 0.99%, the property taxes in Avila Beach can be relatively high, reflecting the area's property values. This system ensures that property taxes are proportionate to property values, contributing to local services and infrastructure.
Average Avila Beach Tax Bill
$8,249
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 Avila Beach, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93424 | $3,467 | $5,267 | $8,249 | $11,914 | $17,466 |
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 |