93950 Property Tax Rate
Pacific Grove, California · Part of Monterey County
Effective Tax Rate
0.59%
35% above state avgMedian Annual Tax
$6,614
$551/mo escrow
Estimate Your Tax
Annual Tax
$6,614
Monthly
$551
Eff. Rate
0.59%
How ZIP 93950 Compares
Median Annual Property Tax
ZIP 93950
0.59%
Effective rate
California Avg
0.69%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in California
Lower than 78% of ZIP codes in California(22th percentile, 1,562 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 93950
Property owners in ZIP code 93950 (Pacific Grove, California) pay a median of $6,614/year in property taxes on homes valued at $1,129,400. This translates to an effective tax rate of 0.59%, which is 16% below the California state average of 0.69%.
The monthly property tax burden for a median-valued home in 93950 is approximately $551, which factors into escrow payments on mortgages. This ZIP code is located within Monterey County. This is $1,714 more than the California average of $4,900/year.
Compared to similar ZIP codes in California, 93950 has lower property taxes. ZIP codes with similar effective rates include 95975 (0.59%) and 91606 (0.59%).
In Pacific Grove, property taxes represent approximately 6.3% of the median household income of $105,568, providing context for the relative tax burden on homeowners in this area.
Proposition 13 reassesses your Monterey County home to the purchase price at sale and limits subsequent increases to 2% annually, anchoring your tax burden to your purchase-price valuation. Monterey County offers a $7,000 Homeowners' Exemption — file with the Monterey County Assessor within 30 days of purchase. Submit your exemption claim to the Monterey County Assessor and request written proof of your base year value.
Buyer decision brief
What ZIP 93950 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$551/mo
Based on median annual tax paid
State context
0.11 percentage points below the California average
California average: 0.69%
Data confidence
High confidenceThe Census margin of error is $565, about 9% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Monterey County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Frequently Asked Questions
What is the property tax rate in ZIP code 93950?
How much are property taxes in Pacific Grove, CA (93950)?
How does ZIP 93950 compare to the California average?
What is the median home value in ZIP 93950?
What county is ZIP code 93950 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$565. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 93950 is part of Monterey County, California. View the full county profile for broader context and more data.
View Monterey County on TaxByCounty →Similar ZIP Codes in California
95975
0.00%Rough And Ready
0.59%
$3,409/yr
91606
+0.00%North Hollywood
0.59%
$4,693/yr
90620
+0.00%Buena Park
0.59%
$4,581/yr
96091
+0.00%Trinity Center
0.59%
$2,000/yr
95842
+0.00%Sacramento
0.59%
$2,153/yr
91746
+0.00%La Puente
0.59%
$3,536/yr
92398
+0.00%Yermo
0.59%
$1,087/yr
93433
-0.00%Grover Beach
0.58%
$4,047/yr
90041
+0.00%Los Angeles
0.59%
$6,657/yr
91008
+0.00%Duarte
0.59%
$10,001/yr
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.