Brea, California Property Taxes
Real Estate Values and Property Tax Valuation in Brea, California
The city of Brea has 12,408 properties with a cumulative value of $5.9B, representing 1.41% of all real estate value in Orange County. Property taxes in Brea totaled $77.6M, with an average homeowner paying $6,254 in property taxes compared to the county average of $6,539. The average property tax rate in Brea is 1.31%, slightly higher than the county average of 1.28%. Property taxes are based on the assessed value of the property, which is typically lower than the market value.
The property tax timeline in California begins on January 1st, when the property valuation date is set. Property value notices are then issued between June and August. Property tax appeals must be submitted by September 15th or November 30th, depending on the county. Finally, property tax bills are issued on October 1st.
Updated August 22, 2023
Important Links | |
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Orange Appraisal District | (409) 745-4777 |
Orange Clerk | (409) 882-7055 |
TexasFile Clerk Records | - |
Orange Treasurer / Tax Collector | (714) 834-3411 |
Important Dates | |
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Property Valuation Date: | January 1st |
Property Value Notices Issued: | June - August |
Property Tax Appeal Deadline: | September 15 or November 30 (varies by county) |
Property Tax Bills Issued: | October 1st |
Real Property Tax Bill Due (1st of #): | December 10th, 1st half installment |
Real Property Tax Bill Due (2nd of #): | April 10th, 2nd half |
Available Exemptions | |
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Senior | Not Available |
Disabled | Available |
Homestead | Available |
Veteran | Not Available |
Solar/Wind | Available |
Charitable | Available |
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Real Estate Statistics in Brea, California
Residential Property Tax by ZIP code in Brea, California
Property taxes in Brea are slightly higher than the average property tax rate in Orange County, which is 1.28%. The average property tax rate in Brea is 1.31%. Property tax rates vary across ZIP codes in Brea, with the highest effective property tax rate being 1.33% in ZIP code 92823 and the lowest being 1.3% in ZIP code 92821. This variation in property tax rates is due to differences in home values across ZIP codes. For example, ZIP code 92823 has higher home values than ZIP code 92821, resulting in a higher effective property tax rate.
Overall, Brea has slightly higher property tax rates than the rest of Orange County, but the rates vary across ZIP codes. This variation is due to differences in home values across ZIP codes, with higher home values resulting in higher effective property tax rates. Knowing the effective property tax rate of a particular ZIP code can help homeowners better understand their property tax burden.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each ZIP code in Brea, California. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.
ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92821 | $9,456 | $169,783 | $420,898 | $675,021 | $824,869 |
92823 | $8,284 | $394,177 | $665,572 | $864,000 | $1,027,219 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each ZIP code in Brea, California.
ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92821 | $1,123 | $3,178 | $5,472 | $8,129 | $9,832 |
92823 | $1,772 | $6,127 | $8,513 | $10,880 | $12,924 |
Effective Property Tax Rate
The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.
ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
92821 | 11.88% | 1.87% | 1.30% | 1.20% | 1.19% |
92823 | 21.39% | 1.55% | 1.28% | 1.26% | 1.26% |
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Real Estate Values in Brea, California
Average Home Value in Brea, California
Last updated: August 2023
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Housing Expenses in Brea, California
Housing expenses are a major part of the average household budget in the state. In fact, housing expenses account for nearly one-third of total expenses for the average household. As inflation continues, housing expenses continue to rise, eating up an ever-increasing portion of the household budget. Property taxes are the second largest component of housing expenses for the average property owner in the state, making up a significant portion of the total housing expenses. As housing expenses continue to rise, it is important for households to budget carefully and plan for the future to ensure they can afford their housing expenses.
Monthly Consumer Expenses for West region
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