Brookdale, California Property Taxes
The median property tax rate in Brookdale, CA is 1.30%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Brookdale at $429,693, the typical annual property tax bill reaches $5,748, exceeding the national median of $2,690. Property taxes in Brookdale 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 Brookdale'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 Brookdale 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
Brookdale, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$5,586
$5,184
Ownwell’s Brookdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brookdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brookdale 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 Brookdale, California
Property taxes in Brookdale, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brookdale is 1.30%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Brookdale set these rates annually, and they can vary across different neighborhoods. Each year, Brookdale 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 Brookdale's effective property tax rate to other areas within Santa Cruz County and the national median. For comparison, the zip code 95007 has the highest median property tax rate of 1.30%, while the lowest median tax rate is also 1.30%. Understanding how these areas compare with Brookdale provides valuable insights into the varying tax landscape across Santa Cruz County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brookdale Tax Rate
1.30%
Average Santa Cruz County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brookdale, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95007 | 1.24% | 1.25% | 1.30% | 1.42% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Brookdale, California
In BROOKDALE, 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 Cruz County Assessor’s Office 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 BROOKDALE, 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 BROOKDALE helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in BROOKDALE is $5,748, found in the 95007 zip code.
Average Brookdale Assessed Value
$429,693
Average Santa Cruz County Assessed Value
$477,836
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brookdale, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95007 | $105,173 | $233,147 | $429,693 | $652,860 | $842,899 |
Source: Ownwell
Property Tax Bills Across Brookdale, California
Property tax bills in Brookdale, located in Santa Cruz County, CA, are calculated based on the assessed value of a property. This assessed value is determined by the county assessor and is often influenced by the property's market value, recent sales data, and any improvements made to the property. The tax rate is then applied to this assessed value to determine the annual property tax bill. In Brookdale, homeowners experience a range of property tax bills. For instance, the tax bill at the 25th percentile is approximately $3,304, while at the 75th percentile, it rises to about $8,299. The highest tax bills, at the 90th percentile, can reach up to $10,411. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding Brookdale’s property tax landscape. These property taxes significantly impact homeowners by influencing their overall housing costs and financial planning, making it essential for them to stay informed about their property’s assessed value and any potential exemptions or appeals that could lower their tax burden.
Average Brookdale Tax Bill
$5,748
Average Santa Cruz County Tax Bill
$6,319
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Brookdale, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
95007 | $1,982 | $3,304 | $5,748 | $8,299 | $10,411 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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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 | |
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Santa Cruz Tax Assessor | |
Website | sccounty01.co.santa-cruz.ca.us |