Santa Rosa Valley, California Property Taxes
The median property tax rate in Santa Rosa Valley, CA is 1.08%, slightly higher than the national median of 0.99%, but lower than the California state median of 1.21%. With a median home value in Santa Rosa Valley of $1,191,056, the typical annual property tax bill reaches $12,747, significantly exceeding the national median of $2,690. Property taxes in Santa Rosa Valley are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like those for primary residences and agricultural properties. Understanding Santa Rosa Valley's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Santa Rosa Valley or another part of Ventura County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Santa Rosa Valley, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$12,863
$12,148
Ownwell’s Santa Rosa Valley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Santa Rosa Valley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Santa Rosa Valley 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 Santa Rosa Valley, California
Property taxes in Santa Rosa Valley, California, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Santa Rosa Valley is 1.08%, which is higher than the U.S. national median of 0.99%. Local government entities within Santa Rosa Valley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Santa Rosa Valley 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 Santa Rosa Valley's effective property tax rate to other areas in Ventura County and the national median. For comparison, the zip code 93012 has the highest median property tax rate of 1.08%, while the same zip code also has the lowest median tax rate of 1.08%. Understanding how these areas compare with Santa Rosa Valley 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 Santa Rosa Valley Tax Rate
1.08%
Average Ventura County Tax Rate
1.13%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Santa Rosa Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93012 | 1.08% | 1.08% | 1.08% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Santa Rosa Valley, California
In Santa Rosa Valley, 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 Santa Rosa Valley, 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 Santa Rosa Valley helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 93012 has both the highest and lowest median tax bill at $12,747.
Property Tax Assessment Values Across Santa Rosa Valley, California
Source: Ownwell
$4,006
$799,425
$1,594,844
Average Santa Rosa Valley Assessed Value
$1,191,056
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 Santa Rosa Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93012 | $609,291 | $870,396 | $1,191,056 | $1,590,642 | $2,083,320 |
Source: Ownwell
Property Tax Bills Across Santa Rosa Valley, California
In Santa Rosa Valley, Ventura County, CA, property tax bills are calculated based on the assessed value of a home, which is often determined by the market value at the time of purchase or reassessment. The tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and any improvements or renovations can influence the assessed value. Homeowners in Santa Rosa Valley face varying tax bills. For example, the 25th percentile tax bill is around $9,409, while the 75th percentile reaches approximately $16,899. The 90th percentile tax bill can be as high as $21,936. These figures reflect the significant impact property taxes can have on homeowners' annual expenses. With the national median property tax rate at 0.99%, the tax burdens in this region underscore the importance of understanding local tax rates and their implications on overall homeownership costs. The highest and lowest median tax bills in the area are both $12,747, indicating a relatively consistent tax burden across different properties.
Average Santa Rosa Valley Tax Bill
$12,747
Average Ventura County Tax Bill
$5,207
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Santa Rosa Valley, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 93012 | $6,618 | $9,409 | $12,747 | $16,899 | $21,936 |
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 |