Pescadero, California Property Taxes
The median property tax rate in Pescadero, CA is 1.10%, which is notably higher than the national median of 0.99% but slightly lower than the California state median of 1.21%. With the median home value in Pescadero, the typical annual property tax bill reaches $5,244, significantly exceeding the national median of $2,690. Property taxes in Pescadero 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 Pescadero'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 Pescadero 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
Pescadero, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
$1,272
$1,148
Average Pescadero, California Tax Savings
Ownwell’s Pescadero Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pescadero with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pescadero to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Pescadero. 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 Pescadero, California
Property taxes in Pescadero, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pescadero is 1.10%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Pescadero set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pescadero 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 Pescadero's effective property tax rate to other counties in California and the national median. For comparison, the 94060 zip code has the highest median property tax rate of 1.10%, while the same 94060 zip code also has the lowest median tax rate of 1.10%. Understanding how these cities compare with Pescadero provides valuable insights into the varying tax landscape across San Mateo County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pescadero Tax Rate
1.10%
Average San Mateo County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pescadero, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94060 | 1.08% | 1.08% | 1.10% | 1.13% | 1.24% |
Source: Ownwell
$1,148
Average Pescadero Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Pescadero, California
In Pescadero, 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 Mateo 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 Pescadero, 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 Pescadero helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 94060 in Pescadero has both the highest and lowest median tax bill at $5,244, reflecting the diverse range of property values in the area.
Property Tax Assessment Values Across Pescadero, California
Source: Ownwell
$310,349
$1,947,376
$3,584,402
Average Pescadero Assessed Value
$502,484
Average San Mateo County Assessed Value
$685,382
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pescadero, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94060 | $73,531 | $216,258 | $502,484 | $1,003,087 | $1,919,132 |
Source: Ownwell
$1,148
Average Pescadero Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Pescadero, California
In Pescadero, CA, located in San Mateo County, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. The median home price in Pescadero is $502,484, and property tax rates in this region can vary significantly. Homeowners in the 25th percentile pay around $2,301, while those in the 75th percentile face bills as high as $10,806. The 90th percentile sees tax bills reaching up to $20,697. The median tax bill in Pescadero is $5,244, which is considerably higher than the national median property tax rate of 0.99%. Several factors influence your tax bill, including property size, location, and any improvements made. High property taxes can be a burden, but that's where Ownwell comes in. Ownwell offers expert property tax appeal services, helping homeowners challenge their assessed values and potentially reduce their tax bills. By leveraging local market data and providing professional representation, Ownwell can help you achieve significant savings on your property taxes.
Average Pescadero Tax Bill
$5,244
Average San Mateo County Tax Bill
$8,692
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Pescadero, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94060 | $776 | $2,301 | $5,244 | $10,806 | $20,697 |
Source: Ownwell
$1,148
Average Pescadero Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | December 2 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| San Mateo Tax Assessor | |
| Website | county-taxes.net |
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