95465 Property Tax Rate

Property owners in ZIP code 95465 (Occidental, California) pay a median of $8,712/year in property taxes on homes valued at $1,122,500. This translates to an effective tax rate of 0.78%, which is 12% above the California state average of 0.69%.

The monthly property tax burden for a median-valued home in 95465 is approximately $726, which factors into escrow payments on mortgages. This ZIP code is located within Sonoma County. This is $3,812 more than the California average of $4,900/year.

Compared to similar ZIP codes in California, 95465 has higher property taxes. ZIP codes with similar effective rates include 91917 (0.78%) and 93263 (0.78%).

In Occidental, property taxes represent approximately 7.0% of the median household income of $123,650, providing context for the relative tax burden on homeowners in this area.

Under California's Proposition 13, your home reassesses to the purchase price at sale, with property taxes capped at 1% of that base and only 2% annual growth allowed until the next sale. Sonoma County's Homeowners' Exemption reduces assessed value by $7,000—file your application with the Sonoma County Assessor within 30 days of closing to apply this benefit to your first bill. The Sonoma County Assessor will issue a Preliminary Assessment Notice; review it promptly and file a 60-day appeal if the base year value or exemption is incorrect.