Los Osos, San Luis Obispo County, California Property Taxes

Name: Property Tax Bills Across Los Osos, San Luis Obispo County, California
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Los Osos, CA effective property tax rate: 1.58%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Los Osos, CA home value: $408,962
Median annual Los Osos, CA tax bill: $6,581, $4,181 higher than the national median property tax bill of $2,400.

How are property taxes in San Luis Obispo calculated?

Property taxes in Los Osos, 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 Los Osos’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Los Osos, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Los Osos, San Luis Obispo County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.58%

Estimate Property Tax Bill

$6,462

$5,996

Ownwell’s Los Osos Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Los Osos with just two data points.

By entering your property's estimated assessed value, our calculator applies Los Osos’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in San Luis Obispo County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Los Osos, San Luis Obispo County, California

Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget annually to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Los Osos, located in San Luis Obispo County, the effective property tax rate is 1.58%. This rate is notably higher than the national median property tax rate of 1.02%. The county's tax rate reflects the local government's assessment of budgetary needs and property values. Interestingly, Los Osos holds both the highest and lowest median tax rates within the county, with a consistent rate of 1.58% across its zip code 93402. This consistency underscores the uniformity in tax assessments and budgeting within the area. By comparing Los Osos’s property tax rate with other cities in California and the national median, property owners can better understand their tax obligations and the factors influencing their property tax bills.

Property Tax Rates Across Los Osos, San Luis Obispo County, California

Source: Ownwell

1.03%

1.31%

1.58%

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 Los Osos Tax Rate

1.58%

Median Effective San Luis Obispo County Tax Rate

1.06%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Los Osos, San Luis Obispo County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
93402	1.04%	1.35%	1.58%	1.98%	2.51%

Source: Ownwell

Property Tax Assessment Values Across Los Osos, San Luis Obispo County, California

When examining property taxes in Los Osos, 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 Luis Obispo County Assessor 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 Luis Obispo 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 Los Osos.

For example, the median home price in Los Osos is $408,962, with tax bills ranging significantly across the county. 93402 has the highest median home price at $408,962.

Property Tax Assessment Values Across Los Osos, San Luis Obispo County, California

Source: Ownwell

$267,140

$548,274

$829,408

Median Los Osos Market Value

$408,962

Median San Luis Obispo County Market Value

$470,020

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Los Osos, San Luis Obispo County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
93402	$124,167	$235,992	$408,962	$617,552	$833,502

Source: Ownwell

Property Tax Bills Across Los Osos, San Luis Obispo County, California

In Los Osos, located in San Luis Obispo County, CA, property tax bills are determined by assessing the property's market value. The median home price in this area is $408,962. Tax bills can vary significantly, with the 25th percentile at $4,813 and the 75th percentile reaching $8,622. The 90th percentile tax bill can be as high as $10,460, which is considerably above the national median property tax bill of $2,400. The median tax bill in Los Osos is $6,581, significantly higher than the national median property tax rate of 1.02%. This high property tax rate affects homeowners by increasing the annual cost of homeownership, which can be particularly burdensome for those on fixed incomes or with limited financial flexibility. Ownwell can assist homeowners in Los Osos by identifying potential savings through property tax appeals and exemptions. By leveraging their expertise, homeowners can potentially lower their tax bills, easing the financial burden and ensuring they are not overpaying on property taxes.

Property Tax Bills Across Los Osos, San Luis Obispo County, California

Source: Ownwell

$2,864

$5,557

$8,249

Median Los Osos Tax Bill

$6,581

Median San Luis Obispo County Tax Bill

$5,157

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Los Osos, San Luis Obispo County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
93402	$3,506	$4,813	$6,581	$8,622	$10,460

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