Santa Clara, California Property Taxes
The median property tax rate in Santa Clara, CA is 1.17%, higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Santa Clara at $680,734, the typical annual property tax bill reaches $7,663, significantly exceeding the national median of $2,690. Property taxes in Santa Clara are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence exemption. Understanding Santa Clara'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 Santa Clara 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
Santa Clara, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$7,965
$7,522
$1,148
Average Santa Clara, California Tax Savings
Ownwell’s Santa Clara Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Santa Clara with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Santa Clara 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 Santa Clara. 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 Santa Clara, California
Property taxes in Santa Clara, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Santa Clara is 1.17%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Santa Clara set these rates annually, and they can vary significantly across different neighborhoods. Each year, Santa Clara 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 Santa Clara's effective property tax rate to other counties in California and the national median. For comparison, the 95051 zip code has the highest median property tax rate of 1.17%, while the 95054 zip code has the lowest median tax rate of 1.17%. Understanding how these cities compare with Santa Clara provides valuable insights into the varying tax landscape across Santa Clara County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Santa Clara Tax Rate
1.17%
Average Santa Clara County Tax Rate
1.31%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Santa Clara, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94087 | N/A | N/A | N/A | N/A | N/A |
| 95050 | 1.16% | 1.16% | 1.17% | 1.20% | 1.30% |
| 95051 | 1.16% | 1.16% | 1.17% | 1.20% | 1.26% |
| 95054 | 1.16% | 1.16% | 1.17% | 1.18% | 1.22% |
Source: Ownwell
$1,148
Average Santa Clara Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Santa Clara, California
In Santa Clara, 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 Clara 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 Santa Clara, 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 Santa Clara helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Santa Clara is in the 95054 zip code at $9,042, while the lowest is in the 95050 zip code at $7,205.
Property Tax Assessment Values Across Santa Clara, California
Source: Ownwell
$41,240
$1,437,154
$2,833,068
Average Santa Clara Assessed Value
$680,734
Average Santa Clara County Assessed Value
$683,381
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Santa Clara, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94087 | N/A | N/A | N/A | N/A | N/A |
| 95050 | $108,301 | $334,310 | $641,682 | $1,000,000 | $1,392,348 |
| 95051 | $113,008 | $334,975 | $660,000 | $1,125,000 | $1,612,620 |
| 95054 | $249,428 | $500,904 | $790,268 | $1,077,470 | $1,408,800 |
Source: Ownwell
$1,148
Average Santa Clara Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Santa Clara, California
In Santa Clara, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate. With a median home price of $680,734, homeowners can expect a tax bill that varies significantly. For instance, tax bills in the 25th percentile are around $3,983, while those in the 75th percentile reach up to $11,875. Some areas, like zip code 95054, see the highest median tax bills at $9,042, whereas zip code 95050 experiences the lowest at $7,205. These tax bills can place a substantial financial burden on homeowners. That's where Ownwell comes in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their properties are fairly assessed, potentially lowering their tax bills. This not only alleviates financial strain but also ensures homeowners are not overpaying on their property taxes, offering peace of mind and significant savings.
Average Santa Clara Tax Bill
$7,663
Average Santa Clara County Tax Bill
$8,895
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Santa Clara, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94087 | N/A | N/A | N/A | N/A | N/A |
| 95050 | $1,192 | $3,716 | $7,205 | $11,212 | $15,799 |
| 95051 | $1,330 | $3,762 | $7,346 | $12,217 | $18,130 |
| 95054 | $2,793 | $5,657 | $9,042 | $12,181 | $16,156 |
Source: Ownwell
$1,148
Average Santa Clara 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 | September 16 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Santa Clara Tax Assessor | |
| Phone | (408) 299-5372 |
| Website | www.sccassessor.org |
| dawn.cieslik@asr.sccgov.org | |
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