Port Hueneme, California Property Taxes
The median property tax rate in Port Hueneme, CA is 1.16%, which is higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Port Hueneme at $314,588, the typical annual property tax bill reaches $3,507, exceeding the national median of $2,690. Property taxes in Port Hueneme are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence exemption. Understanding Port Hueneme'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 Port Hueneme 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
Port Hueneme, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$3,649
$3,386
Ownwell’s Port Hueneme Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Port Hueneme with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Port Hueneme 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 Port Hueneme, California
Property taxes in Port Hueneme, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Port Hueneme is 1.16%, which is higher than the U.S. national median of 0.99%. Local government entities within Port Hueneme set these rates annually, and they can vary significantly across different neighborhoods. Each year, Port Hueneme 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 Port Hueneme's effective property tax rate to other areas in Ventura County and the national median. For comparison, the 93041 zip code has the highest median property tax rate of 1.16%, while the 93044 zip code has the lowest median tax rate of 1.15%. Understanding how these cities compare with Port Hueneme 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 Port Hueneme Tax Rate
1.16%
Average Ventura County Tax Rate
1.13%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Port Hueneme, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93041 | 1.13% | 1.14% | 1.16% | 1.19% | 1.21% |
| 93044 | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Port Hueneme, California
In Port Hueneme, 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 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 Port Hueneme, 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. For instance, the highest median tax bill in Port Hueneme is $6,144 in the 93044 zip code, while the lowest median tax bill is $3,507 in the 93041 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Port Hueneme, California
Source: Ownwell
$4,006
$799,425
$1,594,844
Average Port Hueneme Assessed Value
$314,588
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 Port Hueneme, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93041 | $118,208 | $206,182 | $314,480 | $442,471 | $561,816 |
| 93044 | $535,500 | $535,500 | $535,500 | $535,500 | $535,500 |
Source: Ownwell
Property Tax Bills Across Port Hueneme, California
In Port Hueneme, CA, property tax bills are calculated based on the assessed value of a home, which is determined by the Ventura County Assessor's Office. The assessed value is typically a percentage of the market value of the property. For example, with a median home price of $314,588, homeowners can expect varying tax bills depending on several factors such as exemptions, improvements, and local tax rates. The tax bill can range significantly. At the 25th percentile, homeowners might pay around $2,330, while those at the 75th percentile could see bills as high as $4,921. The highest tax bills, in the 90th percentile, can reach up to $6,163. Comparatively, the national median property tax rate is 0.99%, which highlights that Port Hueneme's property taxes can be quite variable. These tax bills directly impact homeowners by influencing their annual expenses and potentially affecting home affordability. Understanding these factors can help homeowners better prepare for their financial obligations and explore possible exemptions to reduce their tax burden.
Average Port Hueneme Tax Bill
$3,507
Average Ventura County Tax Bill
$5,207
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Port Hueneme, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93041 | $1,344 | $2,330 | $3,507 | $4,921 | $6,163 |
| 93044 | $6,144 | $6,144 | $6,144 | $6,144 | $6,144 |
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 |