San Luis Obispo, CA Property Tax Rates
Compare property tax rates across 2 ZIP codes in San Luis Obispo, California.
Avg Tax Rate
0.62%
Avg Annual Tax
$5,727
Avg Home Value
$920,650
ZIP Codes
2
Property Tax Overview: San Luis Obispo, CA
San Luis Obispo has 2 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 0.62%, which is 11% below the California average of 0.69%. Annual property taxes range from $5,238 (ZIP 93405) to $6,216 (ZIP 93401).
For a home at San Luis Obispo's median value of $920,650, property taxes add approximately $477/month to housing costs. San Luis Obispo home values are above the California median of $744,838, meaning the monthly tax impact is correspondingly higher.
Property tax rates within San Luis Obispo vary by 0.08 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.
San Luis Obispo vs California Average
Effective Tax Rate
11% below state average
Annual Property Tax
Median Home Value
Frequently Asked Questions
What is the average property tax rate in San Luis Obispo, CA?
The average effective property tax rate in San Luis Obispo, California is 0.62%, based on 2 ZIP codes.
How much is property tax in San Luis Obispo, CA?
The average median annual property tax in San Luis Obispo is $5,727 per year, with a median home value of $920,650.
Which ZIP code in San Luis Obispo has the lowest property tax rate?
ZIP code 93405 has the lowest effective tax rate in San Luis Obispo at 0.58%, with a median annual tax of $5,238.
How many ZIP codes are in San Luis Obispo, CA?
San Luis Obispo, California has 2 ZIP codes with property tax data available.
Which ZIP code in San Luis Obispo has the highest property tax rate?
ZIP code 93401 has the highest effective tax rate in San Luis Obispo at 0.66%, with a median annual tax of $6,216.
How do San Luis Obispo property taxes compare to the California average?
San Luis Obispo's average effective rate of 0.62% is 11% below the California state average of 0.69%.
What factors affect property tax rates between ZIP codes in San Luis Obispo?
Property tax rate differences within San Luis Obispo are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.
Tips for San Luis Obispo Homeowners
- •Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
- •Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
- •Know your assessment cycle: California reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
- •Compare ZIP codes before buying: Even within San Luis Obispo, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.
Looking for county-level property tax data? View San Luis Obispo County on TaxByCounty.com
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.