Average Tax Assessment in Ventura County
Real Estate Values and Property Tax Valuation in Ventura County, California
Ventura County has a total of 228,350 properties with a cumulative value of $99.4B, making up 2.69% of all real estate value in California. Property taxes in Ventura County totaled $1.3B, with the average homeowner paying $5,625 in property taxes, which is lower than the state average of $5,946. The average property tax rate in Ventura County is 1.29%, while the state average is 1.58%. Property taxes are calculated 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 November 01, 2023
| Important Links | |
|---|---|
| Ventura Recorder | (805) 654-2295 |
| Ventura Assessor | (805) 654-2181 |
| Ventura Treasurer / Tax Collector | (805) 654-3744 |
| Important Dates | |
|---|---|
| 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 | |
|---|---|
| Senior | Not Available |
| Disabled | Available |
| Homestead | Available |
| Veteran | Not Available |
| Solar/Wind | Available |
| Charitable | Available |
Don't Miss Your Property Tax Appeal Deadline
Real Estate Statistics in Ventura County
Residential Property Taxes by Cities in Ventura County
Ventura County has an average property tax rate of 1.29%, which is slightly lower than the national average of 1.31%. This rate is applied to the assessed value of a property to calculate the amount of taxes due. Property taxes in Ventura County are collected by the county and distributed to the cities and other local governments.
Property tax rates vary across the cities in Ventura County. The city with the highest effective property tax rate is Piru, at 1.79%, while the city with the lowest effective property tax rate is Ventura, at 1.16%. Property taxes in Ventura County are generally lower than in other parts of the state, making it an attractive place to live for those looking to save on their tax bill.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Ventura County. 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.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bell Canyon | $0 | $756,768 | $1,152,668 | $1,521,600 | $1,972,805 |
| Camarillo | $64,443 | $244,284 | $421,824 | $618,340 | $831,504 |
| Fillmore | $31,069 | $151,163 | $307,055 | $445,719 | $554,024 |
| Lake Sherwood | $15,505 | $731,088 | $1,216,650 | $1,642,906 | $2,466,528 |
| Malibu | $78,042 | $335,468 | $700,448 | $1,344,759 | $2,545,297 |
| Moorpark | $59,248 | $291,124 | $464,796 | $680,562 | $887,029 |
| Newbury Park | $73,498 | $265,314 | $499,660 | $726,935 | $956,448 |
| Oak Park | $144,145 | $312,324 | $526,584 | $791,615 | $1,020,977 |
| Oak View | $51,629 | $196,576 | $368,468 | $561,744 | $779,353 |
| Ojai | $24,406 | $162,210 | $407,369 | $685,000 | $1,047,560 |
| Oxnard | $42,725 | $180,713 | $329,779 | $488,922 | $657,000 |
| Piru | $21,319 | $137,609 | $236,048 | $350,640 | $469,816 |
| Port Hueneme | $51,559 | $146,362 | $264,856 | $379,500 | $478,199 |
| Santa Paula | $26,810 | $100,200 | $246,976 | $409,916 | $546,532 |
| Santa Rosa Valley | $125,860 | $696,688 | $1,029,564 | $1,358,933 | $1,843,038 |
| Simi Valley | $57,649 | $228,554 | $400,049 | $583,026 | $761,923 |
| Somis | $48,750 | $294,953 | $617,787 | $1,005,280 | $1,359,914 |
| Thousand Oaks | $75,772 | $244,595 | $452,688 | $700,658 | $934,757 |
| Ventura | $41,764 | $164,193 | $352,149 | $554,000 | $739,000 |
| Westlake Village | $78,265 | $337,846 | $613,185 | $1,015,107 | $1,781,928 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Ventura County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bell Canyon | $7,093 | $10,913 | $14,107 | $18,220 | $22,982 |
| Camarillo | $1,537 | $3,153 | $5,033 | $7,047 | $9,421 |
| Fillmore | $543 | $2,029 | $3,982 | $6,267 | $9,309 |
| Lake Sherwood | $4,683 | $10,723 | $14,802 | $19,398 | $29,367 |
| Malibu | $3,547 | $6,165 | $10,266 | $18,126 | $32,503 |
| Moorpark | $2,373 | $3,701 | $5,506 | $7,819 | $10,937 |
| Newbury Park | $1,846 | $3,720 | $6,099 | $8,421 | $11,058 |
| Oak Park | $3,378 | $5,318 | $7,516 | $10,608 | $13,305 |
| Oak View | $1,544 | $3,106 | $4,820 | $6,839 | $9,196 |
| Ojai | $757 | $3,061 | $5,608 | $8,677 | $13,174 |
| Oxnard | $833 | $2,564 | $4,268 | $6,397 | $9,075 |
| Piru | $1,696 | $3,120 | $4,268 | $5,677 | $6,623 |
| Port Hueneme | $1,291 | $2,244 | $3,355 | $4,704 | $5,776 |
| Santa Paula | $499 | $1,379 | $3,021 | $4,920 | $6,927 |
| Santa Rosa Valley | $6,202 | $8,810 | $11,993 | $15,414 | $20,848 |
| Simi Valley | $1,957 | $3,526 | $5,362 | $7,281 | $9,349 |
| Somis | $2,247 | $4,277 | $7,498 | $11,760 | $15,789 |
| Thousand Oaks | $1,925 | $3,547 | $5,633 | $8,141 | $10,654 |
| Ventura | $790 | $2,155 | $3,931 | $6,025 | $8,032 |
| Westlake Village | $3,353 | $5,378 | $8,162 | $12,430 | $20,690 |
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.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bell Canyon | - | 1.44% | 1.22% | 1.20% | 1.16% |
| Camarillo | 2.39% | 1.29% | 1.19% | 1.14% | 1.13% |
| Fillmore | 1.75% | 1.34% | 1.30% | 1.41% | 1.68% |
| Lake Sherwood | 30.20% | 1.47% | 1.22% | 1.18% | 1.19% |
| Malibu | 4.54% | 1.84% | 1.47% | 1.35% | 1.28% |
| Moorpark | 4.01% | 1.27% | 1.18% | 1.15% | 1.23% |
| Newbury Park | 2.51% | 1.40% | 1.22% | 1.16% | 1.16% |
| Oak Park | 2.34% | 1.70% | 1.43% | 1.34% | 1.30% |
| Oak View | 2.99% | 1.58% | 1.31% | 1.22% | 1.18% |
| Ojai | 3.10% | 1.89% | 1.38% | 1.27% | 1.26% |
| Oxnard | 1.95% | 1.42% | 1.29% | 1.31% | 1.38% |
| Piru | 7.96% | 2.27% | 1.81% | 1.62% | 1.41% |
| Port Hueneme | 2.50% | 1.53% | 1.27% | 1.24% | 1.21% |
| Santa Paula | 1.86% | 1.38% | 1.22% | 1.20% | 1.27% |
| Santa Rosa Valley | 4.93% | 1.26% | 1.16% | 1.13% | 1.13% |
| Simi Valley | 3.39% | 1.54% | 1.34% | 1.25% | 1.23% |
| Somis | 4.61% | 1.45% | 1.21% | 1.17% | 1.16% |
| Thousand Oaks | 2.54% | 1.45% | 1.24% | 1.16% | 1.14% |
| Ventura | 1.89% | 1.31% | 1.12% | 1.09% | 1.09% |
| Westlake Village | 4.28% | 1.59% | 1.33% | 1.22% | 1.16% |
Reduce your property tax bill with Ownwell!
Real Estate Values in Ventura County
The median home price in Ventura County has increased by 10.06% from October 2022 to October 2023, from $770.0K to $847.5K. This is indicative of a strong housing market in California, as the median home price has been steadily increasing over the past year. Additionally, the home inventory in Ventura County has decreased from 1.7K in October 2022 to 1.1K in October 2023, indicating that the demand for housing in the area is high.
Average Home Value in Ventura County, California
Last updated: November 2023
Percent Change in Total Home Sales in Ventura County
Last updated: November 2023
Percent Change in New Home Listings in Ventura County
Last updated: November 2023
Reduce your property tax bill with Ownwell
Mortgage Rates in Ventura County
Mortgages in Ventura County are a major source of financing for homeowners. As of 2021, there is an estimated $45.2 billion in outstanding loan amounts across home mortgages in the county. This amounts to 135.8 thousand outstanding loans, representing a significant portion of the total home value in the area.
The median mortgage rate in Ventura County varies across cities, with Newbury Park having the highest median mortgage rate of 4.77%, while Oxnard has the lowest median mortgage rate of 4.77%. This variation in rates across cities allows homeowners to find the best rate for their particular situation. Overall, mortgages in Ventura County are a great way for homeowners to finance their homes and take advantage of the area's competitive rates.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Ventura County by city.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bell Canyon | $135,667 | $328,252 | $645,985 | $1,018,588 | $1,565,439 |
| Camarillo | $68,143 | $151,672 | $299,561 | $459,673 | $609,220 |
| Fillmore | $55,561 | $122,397 | $242,717 | $389,907 | $511,354 |
| Lake Sherwood | $121,401 | $289,183 | $657,024 | $1,043,394 | $1,621,672 |
| Malibu | $79,533 | $210,469 | $464,067 | $902,836 | $1,479,768 |
| Moorpark | $63,316 | $147,616 | $309,526 | $485,060 | $645,748 |
| Newbury Park | $69,728 | $143,685 | $302,707 | $502,455 | $677,557 |
| Oak Park | $68,381 | $144,068 | $311,242 | $501,939 | $717,613 |
| Oak View | $58,800 | $133,745 | $259,138 | $434,794 | $600,695 |
| Ojai | $56,452 | $134,137 | $296,587 | $499,823 | $722,299 |
| Oxnard | $55,708 | $123,822 | $224,604 | $368,214 | $513,212 |
| Piru | $45,986 | $94,043 | $170,131 | $371,602 | $491,920 |
| Port Hueneme | $45,782 | $100,571 | $188,825 | $301,556 | $416,395 |
| Santa Paula | $46,622 | $103,041 | $214,761 | $371,791 | $519,378 |
| Santa Rosa Valley | $108,259 | $291,158 | $527,422 | $838,153 | $1,226,893 |
| Simi Valley | $62,803 | $137,822 | $285,353 | $452,882 | $592,327 |
| Somis | $75,103 | $161,909 | $356,747 | $575,492 | $894,042 |
| Thousand Oaks | $63,376 | $135,868 | $302,201 | $498,100 | $686,222 |
| Ventura | $51,460 | $120,763 | $259,135 | $410,957 | $568,783 |
| Westlake Village | $76,926 | $181,121 | $386,074 | $649,408 | $1,134,242 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Ventura County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bell Canyon | 2.90% | 3.49% | 4.20% | 5.99% | 7.12% |
| Camarillo | 3.00% | 3.62% | 4.40% | 6.25% | 7.36% |
| Fillmore | 3.00% | 3.65% | 4.50% | 6.19% | 7.34% |
| Lake Sherwood | 2.87% | 3.39% | 4.47% | 6.74% | 7.33% |
| Malibu | 2.88% | 3.64% | 4.50% | 6.39% | 7.77% |
| Moorpark | 3.05% | 3.70% | 4.49% | 6.36% | 7.43% |
| Newbury Park | 3.00% | 3.74% | 4.77% | 6.62% | 7.51% |
| Oak Park | 3.00% | 3.64% | 4.55% | 6.67% | 7.53% |
| Oak View | 3.10% | 3.70% | 4.50% | 6.59% | 7.63% |
| Ojai | 3.00% | 3.65% | 4.50% | 6.43% | 7.39% |
| Oxnard | 3.10% | 3.77% | 4.77% | 6.37% | 7.43% |
| Piru | 2.87% | 3.51% | 4.50% | 6.60% | 7.14% |
| Port Hueneme | 3.00% | 3.64% | 4.50% | 6.17% | 7.24% |
| Santa Paula | 2.90% | 3.65% | 4.51% | 6.41% | 7.51% |
| Santa Rosa Valley | 3.00% | 3.62% | 4.45% | 6.50% | 7.63% |
| Simi Valley | 3.00% | 3.70% | 4.50% | 6.51% | 7.58% |
| Somis | 3.11% | 3.67% | 4.46% | 6.75% | 7.71% |
| Thousand Oaks | 3.00% | 3.70% | 4.55% | 6.63% | 7.62% |
| Ventura | 3.10% | 3.73% | 4.53% | 6.58% | 7.62% |
| Westlake Village | 2.90% | 3.57% | 4.40% | 6.25% | 7.44% |
Housing Expenses in Ventura County, California
Reduce your property tax bill with Ownwell
With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.
How Ownwell works?
- Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
- Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
- Sit back and let us get to work. Ownwell handles everything start to finish with no up-front costs. It’s all backed by our industry-leading Savings-or-Free Guarantee.
- When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.