Pismo Beach, California Property Taxes
The median property tax rate in Pismo Beach, CA is 1.07%, 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 Pismo Beach at $630,314, the typical annual property tax bill reaches $6,626, significantly exceeding the national median of $2,690. Property taxes in Pismo 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 Pismo 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 Pismo 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
Pismo Beach, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$6,744
$6,259
Ownwell’s Pismo Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pismo Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pismo 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 Pismo Beach, California
Property taxes in Pismo Beach, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pismo Beach is 1.07%, higher than the U.S. national median of 0.99%. Local government entities within Pismo Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pismo 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 Pismo Beach's effective property tax rate to other areas and the national median. For comparison, the zip code 93449 has the highest median property tax rate of 1.07%, while the same zip code also has the lowest median tax rate of 1.07%. Understanding how these areas compare with Pismo 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 Pismo Beach Tax Rate
1.07%
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 Pismo Beach, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93442 | N/A | N/A | N/A | N/A | N/A |
| 93449 | 1.05% | 1.06% | 1.07% | 1.09% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Pismo Beach, California
In Pismo 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 Appraisal District 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 Pismo 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 Pismo Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Pismo Beach is $630,314, with the highest and lowest median tax bills both at $6,627 in the 93449 zip code.
Property Tax Assessment Values Across Pismo Beach, California
Source: Ownwell
$25,600
$1,162,088
$2,298,576
Average Pismo Beach Assessed Value
$630,314
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 Pismo Beach, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93442 | N/A | N/A | N/A | N/A | N/A |
| 93449 | $134,798 | $349,635 | $630,414 | $972,007 | $1,366,570 |
Source: Ownwell
Property Tax Bills Across Pismo Beach, California
In Pismo Beach, located in San Luis Obispo County, CA, property tax bills are calculated based on the assessed value of your home. This assessed value is determined by the San Luis Obispo County Assessor's Office and is typically close to the market value at the time of purchase. The property tax rate in this region aligns with California's standard, which is generally around 1% of the assessed value, plus any voter-approved local taxes and assessments. For a median home price of $630,314, homeowners can expect a property tax bill that varies significantly. At the 25th percentile, tax bills are around $3,784, while at the 75th percentile, they rise to approximately $10,077. The 90th percentile sees tax bills as high as $14,021. The highest and lowest median tax bills in Pismo Beach are both recorded at $6,627 in the 93449 zip code. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners.
Average Pismo Beach Tax Bill
$6,626
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 Pismo Beach, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93442 | N/A | N/A | N/A | N/A | N/A |
| 93449 | $1,668 | $3,791 | $6,627 | $10,077 | $14,022 |
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 |