Newbury Park, Ventura County, California Property Taxes
Median Newbury Park, CA effective property tax rate: 1.12%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Newbury Park, CA home value: $593,825
Median annual Newbury Park, CA tax bill: $6,515, $4,115 higher than the national median property tax bill of $2,400.
How are property taxes in Ventura County calculated?
Property taxes in Newbury Park, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Newbury Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Newbury Park, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Newbury Park, Ventura County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.12%
Estimate Property Tax Bill
$6,651
$6,172
Ownwell’s Newbury Park Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Newbury Park with just two data points.
By entering your property's estimated assessed value, our calculator applies Newbury Park’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Ventura County — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Ventura County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Newbury Park, Ventura County, California
Local government entities determine tax rates, leading to significant variations within a state. Each year, counties estimate their budgetary needs to deliver essential services, dividing this amount by the total assessed value of all taxable properties in the area. This division yields the property tax rate. Though the process involves votes and legal frameworks, this is the basic annual procedure.
In Newbury Park, located in Ventura County, homeowners experience an effective property tax rate that aligns with the state median. California's median property tax rate stands slightly above the national median, reflecting its unique economic landscape and budgetary demands. Residents in Newbury Park pay a rate consistent with both the highest and lowest rates in their ZIP code, indicating a uniform tax landscape within this area.
Comparing Newbury Park’s rates with other Californian cities and the national median offers valuable insights for homeowners. Understanding these differences can aid in making informed decisions about property investments and financial planning.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Newbury Park Tax Rate
1.12%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ventura County Tax Rate
1.13%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Newbury Park, Ventura County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 91320 | 1.07% | 1.09% | 1.12% | 1.17% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Newbury Park, Ventura County, California
When examining property taxes in Newbury Park, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Ventura County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Ventura County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Newbury Park. For example, the median home price in Newbury Park is $593,825, with tax bills ranging significantly across the county. Zip code 91320 has the highest median home price at $593,825.
Property Tax Assessment Values Across Newbury Park, Ventura County, California
Source: Ownwell
$44,664
$819,754
$1,594,844
Median Newbury Park Market Value
$593,825
Median Ventura County Market Value
$465,193
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Newbury Park, Ventura County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 91320 | $180,049 | $357,490 | $593,825 | $831,186 | $1,083,687 |
Source: Ownwell
Property Tax Bills Across Newbury Park, Ventura County, California
Median Newbury Park Tax Bill
$6,515
Median Ventura County Tax Bill
$5,207
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Newbury Park, Ventura County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 91320 | $2,228 | $4,060 | $6,515 | $8,962 | $11,685 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Ventura Tax Assessor | |
| Website | assessor.countyofventura.org |