Orcutt, California Property Taxes
The median property tax rate in Orcutt, CA is 0.91%, which is lower than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Orcutt at $33,414, the typical annual property tax bill amounts to $278, significantly below the national median of $2,690. Property taxes in Orcutt are calculated based on the assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Orcutt'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 Orcutt or another part of Santa Barbara County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Orcutt, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$304
$282
$1,148
Average Tax Savings
Ownwell’s Orcutt Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orcutt with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orcutt 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 Orcutt. 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 Orcutt, California
Property taxes in Orcutt, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orcutt is 0.91%, slightly below the U.S. national median of 0.99%. Local government entities within Orcutt set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orcutt 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 Orcutt's effective property tax rate to other areas in California and the national median. For comparison, the zip code 93455 has the highest median property tax rate of 0.91%, while also having the lowest median tax rate of 0.91%. Understanding how these areas compare with Orcutt provides valuable insights into the varying tax landscape across Santa Barbara County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Orcutt Tax Rate
0.91%
Average Santa Barbara County Tax Rate
1.09%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orcutt, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93455 | 0.71% | 0.79% | 0.91% | 1.09% | 1.55% |
Source: Ownwell
$1,148
Average Orcutt Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Orcutt, California
In Orcutt, 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 Santa Barbara 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 Orcutt, 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. Notably, Orcutt's property tax bills vary significantly, with the 25th percentile bill at $178 and the 75th percentile bill at $908. The highest median tax bill in the area, found in zip code 93455, is $278. By understanding 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 Orcutt helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Orcutt Assessed Value
$33,414
Average Santa Barbara County Assessed Value
$420,000
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Orcutt, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93455 | $16,082 | $21,978 | $33,414 | $70,764 | $188,289 |
Source: Ownwell
$1,148
Average Orcutt Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Orcutt, California
In Orcutt, located in Santa Barbara County, CA, property tax bills are calculated based on the assessed value of the home, which is often lower than the market value. The tax rate in this region is influenced by local levies and bonds, contributing to the overall tax bill. For instance, homeowners in Orcutt experience a range of tax bills, with the 25th percentile at $178 and the 75th percentile at $908, while the 90th percentile can reach up to $3,029. This variation highlights the impact of property values and local tax rates on individual tax bills. Ownwell can assist homeowners in Orcutt by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying on their property taxes. This can lead to significant savings, especially for those in higher tax brackets. With Ownwell's professional guidance, homeowners can navigate the complexities of property tax regulations and secure fair tax bills.
Average Orcutt Tax Bill
$278
Average Santa Barbara County Tax Bill
$4,701
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Orcutt, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93455 | $139 | $178 | $278 | $908 | $3,029 |
Source: Ownwell
$1,148
Average Orcutt 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 | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Santa Barbara Tax Assessor | |
| Website | www.sbcvote.com |
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