92861 Property Tax Rate

Property owners in ZIP code 92861 (Villa Park, California) pay a median of $10,001/year in property taxes on homes valued at $1,686,200. This translates to an effective tax rate of 0.59%, which is 15% below the California state average of 0.69%.

The monthly property tax burden for a median-valued home in 92861 is approximately $833, which factors into escrow payments on mortgages. This ZIP code is located within Orange County. This is $5,101 more than the California average of $4,900/year.

Compared to similar ZIP codes in California, 92861 has lower property taxes. ZIP codes with similar effective rates include 95864 (0.59%) and 94037 (0.59%).

In Villa Park, property taxes represent approximately 4.9% of the median household income of $204,750, providing context for the relative tax burden on homeowners in this area.

Proposition 13 requires Orange County to reassess your property at the purchase price when you buy, resetting the tax base, after which it grows only 2% annually until the next sale. Orange County's Homeowners' Exemption reduces assessed value by $7,000 — file with the Orange County Assessor within 30 days of purchase. Contact the Orange County Assessor's office or visit their website to submit your exemption claim and confirm your base year value is correctly recorded.