Oak Park, Ventura County, California Property Taxes

Name: Property Tax Bills Across Oak Park, Ventura County, California
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Oak Park, CA effective property tax rate: 1.33%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Oak Park, CA home value: $608,270
Median annual Oak Park, CA tax bill: $7,953, $5,553 higher than the national median property tax bill of $2,400.

How are property taxes in Ventura calculated?

Property taxes in Oak 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 Oak Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oak Park, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Oak Park, Ventura County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.33%

Estimate Property Tax Bill

$8,090

$7,507

Ownwell’s Oak Park Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Oak Park with just two data points. By entering your property's estimated assessed value, our calculator applies Oak Park’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your 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. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Oak Park, Ventura County, California

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Oak Park in Ventura County, California, offers a unique perspective on property taxes. The effective property tax rate here is 1.33%, which stands out when compared to other cities in California and the national median. The median property tax rate in California is notably higher than the national median of 1.02%. Residents of Oak Park face a property tax rate that aligns with the highest and lowest median tax rates in the state, both recorded at 1.33% in the same zip code. This consistency in the tax rate highlights the uniformity within the region, setting it apart from the national landscape. Understanding these figures can empower property owners to make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Oak Park, Ventura County, California

Source: Ownwell

1.03%

1.30%

1.57%

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 Oak Park Tax Rate

1.33%

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 Oak Park, Ventura County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
91377	1.23%	1.27%	1.33%	1.42%	1.65%

Source: Ownwell

Property Tax Assessment Values Across Oak Park, Ventura County, California

When examining property taxes in Oak 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 Appraisal District 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 Oak Park. For example, the median home price in Oak Park is $608,270, with tax bills ranging significantly across the county. 91377 has the highest median home price at $608,270.

Property Tax Assessment Values Across Oak Park, Ventura County, California

Source: Ownwell

$44,664

$819,754

$1,594,844

Median Oak Park Market Value

$608,270

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 Oak Park, Ventura County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
91377	$225,258	$403,123	$608,270	$897,849	$1,192,085

Source: Ownwell

Property Tax Bills Across Oak Park, Ventura County, California

In Oak Park, Ventura County, CA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property. Homeowners in Oak Park face a median property tax bill significantly higher than the national median of $2,400, with the 25th percentile tax bill at $5,663 and the 75th percentile at $11,263. This disparity can be attributed to the area's higher median home price of $608,270. Factors affecting the tax bill include changes in the local tax rate, property improvements, and shifts in market value. A higher tax bill can strain homeowners financially, especially if property values rise. Ownwell assists homeowners by offering property tax appeal services, potentially lowering their tax burden. By analyzing property assessments and market conditions, Ownwell identifies opportunities for tax reductions, helping homeowners save money. This service is particularly beneficial in areas like Oak Park, where property taxes are a significant expense.

Property Tax Bills Across Oak Park, Ventura County, California

Source: Ownwell

$512

$10,148

$19,783

Median Oak Park Tax Bill

$7,953

Median Ventura County Tax Bill

$5,207

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Oak Park, Ventura County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
91377	$3,606	$5,663	$7,953	$11,263	$14,360

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