Ojai, California Property Taxes
The median property tax rate in Ojai, CA is 1.21%, considerably higher than the national median of 0.99%. With the median home value in Ojai at $507,032, the typical annual property tax bill reaches $6,066, far exceeding the national median of $2,690. Property taxes in Ojai 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 Ojai'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 Ojai 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
Ojai, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s Ojai Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ojai with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ojai 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 Ojai, California
Property taxes in Ojai, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ojai is 1.21%, higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Ojai set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ojai 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 Ojai's effective property tax rate to other areas in Ventura County and the national median. For comparison, the 93001 zip code has the highest median property tax rate of 2.49%, while the 93060 zip code has the lowest median tax rate of 1.10%. Understanding how these areas compare with Ojai provides valuable insights into the varying tax landscape across Ventura County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ojai Tax Rate
1.21%
Average Ventura County Tax Rate
1.13%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ojai, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93001 | 2.49% | 2.49% | 2.49% | 2.49% | 2.49% |
| 93022 | 1.10% | 1.19% | 1.29% | 1.61% | 2.54% |
| 93023 | 1.03% | 1.09% | 1.21% | 1.36% | 1.70% |
| 93060 | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Ojai, California
In Ojai, 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 Ventura County Appraisal District 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 Ojai, 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 Ojai helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $6,333 in the 93022 zip code, while the lowest is $1,715 in the 93060 zip code.
Average Ojai Assessed Value
$507,032
Average Ventura County Assessed Value
$465,193
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ojai, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93001 | $4,006 | $4,006 | $4,006 | $4,006 | $4,006 |
| 93022 | $54,091 | $305,772 | $496,289 | $582,461 | $745,280 |
| 93023 | $84,364 | $258,952 | $507,466 | $812,365 | $1,287,361 |
| 93060 | $155,356 | $155,356 | $155,356 | $155,356 | $155,356 |
Source: Ownwell
Property Tax Bills Across Ojai, California
In Ojai, property tax bills are calculated based on the assessed value of the property, which is determined by the Ventura County Assessor's Office. The assessed value typically starts with the purchase price of the home and can increase annually by up to 2%, according to California's Proposition 13. The property tax rate in Ojai is influenced by various local levies and voter-approved measures, which can result in a rate that may differ from the national median property tax rate of 0.99%. Homeowners in Ojai can expect property tax bills that vary widely. For instance, the 25th percentile tax bill is around $3,556, while the 75th percentile reaches $9,243, and the 90th percentile can be as high as $14,105. These figures highlight the impact of property taxes on homeowners, as they can significantly affect monthly mortgage payments and overall housing affordability. Notably, the highest median tax bill in the area is $6,333 in the 93022 zip code, while the lowest median tax bill is $1,715 in the 93060 zip code.
Average Ojai Tax Bill
$6,066
Average Ventura County Tax Bill
$5,207
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Ojai, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93001 | $100 | $100 | $100 | $100 | $100 |
| 93022 | $1,384 | $4,013 | $6,333 | $7,383 | $7,981 |
| 93023 | $1,570 | $3,566 | $6,074 | $9,261 | $14,160 |
| 93060 | $1,715 | $1,715 | $1,715 | $1,715 | $1,715 |
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 |