Carmel Valley, Monterey County, California Property Taxes

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Property Taxes in Carmel Valley, California

Median Carmel Valley, California effective property tax rate: 1.04%, significantly lower than the national median of 1.02%, and lower than the California state median of 1.21%.
Median Carmel Valley, California home value: $808,990
Median annual Carmel Valley, California tax bill: $8,237, higher than the national median property tax bill of $2,400.

How are property taxes in Monterey calculated?

Property taxes in Carmel Valley, California are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Carmel Valley's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Carmel Valley, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Carmel Valley, Monterey County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$8,413

$7,807

How Does the Carmel Valley Property Tax Calculator Work?

Use this Carmel Valley property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Carmel Valley's median effective tax rate of 1.04% — based on actual property records in Monterey County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Carmel Valley's median effective rate across all local levies, providing a more accurate estimate than applying a single county rate.

Your bill may vary by ZIP code within Carmel Valley: rates range from 1.04% in 93924 to 1.04% in 93924, primarily due to differences in school district levies and local assessment districts.

For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Carmel Valley.

About Carmel Valley Property Taxes

About Property Taxes in Carmel Valley, Monterey, California

Carmel Valley’s median effective property tax rate of 1.04% is lower than the California state median of 1.21% and higher than the national median of 1.02%. This rate reflects the Monterey County base levy combined with local school district levies and Mello-Roos Community Facility Districts that vary by subdivision throughout the city.

Property tax rates are not uniform across Carmel Valley. Homeowners in the 93924 ZIP code carry a median effective rate of 1.04%, while those in 93924 pay 1.04%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Monterey County. Understanding which part of Carmel Valley you live in can make a meaningful difference to your annual tax bill.

Carmel Valley homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the November 30, 2026 deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Carmel Valley, Monterey County, California

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Carmel Valley's effective property tax rate to other cities in California and the median property tax rates in California and the U.S.

Property Tax Rates Across Carmel Valley, Monterey County, California

Source: Ownwell

1.01%

1.37%

1.72%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Carmel Valley Tax Rate

1.04%

Median Effective Monterey County Tax Rate

1.12%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Carmel Valley, Monterey County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
93924	1.02%	1.03%	1.04%	1.07%	1.11%

Source: Ownwell

Property Tax Assessment Values Across Carmel Valley, Monterey County, California

When examining property taxes in Carmel Valley, California, understanding the distinction between "market value" and "assessed value" is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Monterey County appraisal district estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Monterey County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of spring.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Carmel Valley.

For example, the median home price in Carmel Valley is $808,990, with tax bills ranging significantly across the county. 93924 has the highest median home price at $808,990.

Property Tax Assessment Values Across Carmel Valley, Monterey County, California

Source: Ownwell

$105,696

$930,602

$1,755,507

Median Carmel Valley Market Value

$808,990

Median Monterey County Market Value

$453,393

Median California Market Value

$427,605

Median United States Market Value

$235,294

Property Tax Assessment Values Across Carmel Valley, Monterey County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
93924	$210,597	$439,635	$808,990	$1,322,722	$1,947,942

Source: Ownwell

Property Tax Bills Across Carmel Valley, Monterey County, California

Property tax bills in Carmel Valley are based on the assessed value of a home, not the market price alone. Local tax rates are applied to that assessed value to determine the final bill, so homes with higher assessed values generally face larger property tax payments. In Monterey County, the median home price is $808,990, which helps explain why property tax bills can be substantial for many homeowners.

The typical property tax bill in Carmel Valley is $8,237, which is well above the national median property tax bill of $2,400. Bills can vary widely depending on the home’s assessed value and any local levies, with the 25th percentile at $4,478 and the 75th percentile at $13,357. For higher-value properties, the 90th percentile reaches $19,592. This means homeowners may see very different tax obligations even within the same area, and those taxes can have a major impact on monthly housing costs and long-term affordability.

Property Tax Bills Across Carmel Valley, Monterey County, California

Source: Ownwell

$1,735

$8,731

$15,727

Median Carmel Valley Tax Bill

$8,237

Median Monterey County Tax Bill

$5,005

Median California Tax Bill

$5,134

Median United States Tax Bill

$2,400

Property Tax Bills Across Carmel Valley, Monterey County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
93924	$2,125	$4,478	$8,237	$13,357	$19,592

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Property Valuation Date	January 1
Appeal Deadline	November 30
Tax Bill
Issued	October 1
Due Date #1	December 10
Due Date #2	April 10

Links
Monterey Tax Assessor
Website	common3.mptsweb.com

Frequently Asked Property Tax Questions in Carmel Valley, California

How are property taxes calculated in Carmel Valley, California?

Property taxes in Carmel Valley, California are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Carmel Valley, California?

To appeal your property taxes in Carmel Valley, California, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Carmel Valley, California?

Common property tax exemptions in Carmel Valley, California include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Carmel Valley, California?

Property tax deadlines in Carmel Valley, California vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Carmel Valley, California?

Ownwell provides professional property tax appeal services in Carmel Valley, California. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.