La Selva Bch, California Property Taxes
The median property tax rate in LA SELVA BCH, CA is 1.35%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in LA SELVA BCH at $751,224, the typical annual property tax bill reaches $10,014, far exceeding the national median of $2,690. Property taxes in LA SELVA BCH 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 LA SELVA BCH'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 LA SELVA BCH 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
La Selva Bch, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.35%
Estimate Property Tax Bill
$10,142
$9,411
Ownwell’s LA SELVA BCH Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in LA SELVA BCH with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in LA SELVA BCH 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 La Selva Bch, California
Property taxes in LA SELVA BCH, California, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in LA SELVA BCH is 1.35%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within LA SELVA BCH set these rates annually, and they can vary significantly across different neighborhoods. Each year, LA SELVA BCH 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 LA SELVA BCH's effective property tax rate to other areas in Santa Cruz County and the national median. For comparison, the 95076 zip code has both the highest and lowest median property tax rate of 1.35%. Understanding how these areas compare with LA SELVA BCH 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 La Selva Bch Tax Rate
1.35%
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 La Selva Bch, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95076 | 1.27% | 1.30% | 1.35% | 1.41% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across La Selva Bch, California
In LA SELVA BCH, 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 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 LA SELVA BCH, 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 LA SELVA BCH helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $10,014 in the zip code 95076.
Property Tax Assessment Values Across La Selva Bch, California
Source: Ownwell
$64,992
$419,921
$774,850
Average La Selva Bch Assessed Value
$751,224
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 La Selva Bch, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95076 | $633,828 | $677,852 | $751,224 | $824,596 | $868,620 |
Source: Ownwell
Property Tax Bills Across La Selva Bch, California
In La Selva Beach, Santa Cruz County, CA, property tax bills are calculated based on the assessed value of the property. The assessed value is determined by the Santa Cruz County Assessor's Office and generally reflects the property's market value at the time of purchase, with annual adjustments for inflation not exceeding 2% per year. The property tax rate in this region is influenced by local tax levies, voter-approved measures, and state mandates. For homeowners, the median home price is $751,224, resulting in substantial tax bills. The 25th percentile tax bill is $9,442, while the 75th percentile tax bill is $10,586, and the 90th percentile tax bill reaches $10,929. These figures are significantly higher than the national median property tax rate of 0.99%, reflecting the high property values in the area. Consequently, property taxes represent a significant annual expense for homeowners in La Selva Beach, impacting their overall cost of living and financial planning.
Average La Selva Bch Tax Bill
$10,014
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 La Selva Bch, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95076 | $9,099 | $9,442 | $10,014 | $10,586 | $10,929 |
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 | |
|---|---|
| Santa Cruz Tax Assessor | |
| Website | sccounty01.co.santa-cruz.ca.us |