93440 Property Tax Rate

Property owners in ZIP code 93440 (Los Alamos, California) pay a median of $3,907/year in property taxes on homes valued at $672,100. This translates to an effective tax rate of 0.58%, which is 16% below the California state average of 0.69%.

The monthly property tax burden for a median-valued home in 93440 is approximately $326, which factors into escrow payments on mortgages. This ZIP code is located within Santa Barbara County. This is $993 less than the California average of $4,900/year.

Compared to similar ZIP codes in California, 93440 has higher property taxes. ZIP codes with similar effective rates include 96023 (0.58%) and 90047 (0.58%).

In Los Alamos, property taxes represent approximately 7.3% of the median household income of $53,673, providing context for the relative tax burden on homeowners in this area.

Proposition 13 resets your Santa Barbara County property tax base to purchase price at closing and limits annual increases to 2%, making the purchase price the determining factor for decades of tax liability. Santa Barbara County offers a $7,000 Homeowners' Exemption — file with the Santa Barbara County Assessor within 30 days of closing. Submit your exemption application to the Santa Barbara County Assessor and request written proof of your base year value and exemption status.