Property Taxes in Sherman Oaks, California
Median Sherman Oaks, California effective property tax rate: 1.23%, significantly higher than the national median of 1.02%, and higher than the California state median of 1.21%.
Median Sherman Oaks, California home value: $695,550
Median annual Sherman Oaks, California tax bill: $8,598, higher than the national median property tax bill of $2,400.
How are property taxes in Los Angeles calculated?
Property taxes in Sherman Oaks, 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 Sherman Oaks's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sherman Oaks, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Sherman Oaks Property Tax Calculator Work?
Use this Sherman Oaks property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Sherman Oaks' median effective tax rate of 1.23% — based on actual property records in Los Angeles 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 Sherman Oaks' median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Sherman Oaks: rates range from $6,833 in 91411 to $8,854 in 91403, primarily due to differences in school district levies and local assessment districts.
If your estimate is higher than expected, Ownwell can appeal your Sherman Oaks assessment — you only pay if we save you money.
About Sherman Oaks Property Taxes
About Property Taxes in Sherman Oaks, Los Angeles, California
Sherman Oaks’s median effective property tax rate of 1.23% is higher than the California state median of 1.21% and higher than the national median of 1.02%. This rate reflects the Los Angeles 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 Sherman Oaks. Homeowners in the 91401 ZIP code carry a median effective rate of 1.24%, while those in 91423 pay 1.23%. This spread — 0.01 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Los Angeles County. Understanding which part of Sherman Oaks you live in can make a meaningful difference to your annual tax bill.
Sherman Oaks homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the December 1, 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 Sherman Oaks, Los Angeles 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 Sherman Oaks'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 Sherman Oaks, Los Angeles County, California
Source: Ownwell
1.10%
1.52%
1.95%
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 Sherman Oaks Tax Rate
1.23%
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 Los Angeles County Tax Rate
1.29%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Sherman Oaks, Los Angeles County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 91401 | 1.22% | 1.23% | 1.24% | 1.26% | 1.33% |
| 91403 | 1.22% | 1.22% | 1.23% | 1.26% | 1.31% |
| 91411 | 1.22% | 1.23% | 1.24% | 1.26% | 1.31% |
| 91423 | 1.22% | 1.22% | 1.23% | 1.26% | 1.31% |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Assessment Values Across Sherman Oaks, Los Angeles County, California
When examining property taxes in Sherman Oaks, 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 Los Angeles County assessor 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 Los Angeles County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of October.
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. For Sherman Oaks, the median home price is $695,550, with tax bills ranging significantly across the county. ZIP code 91403 has the highest median home price at $714,286.
Property Tax Assessment Values Across Sherman Oaks, Los Angeles County, California
Source: Ownwell
$56,016
$1,480,655
$2,905,294
Median Sherman Oaks Market Value
$695,550
Median Los Angeles County Market Value
$457,139
Median California Market Value
$427,605
Median United States Market Value
$274,101
Property Tax Assessment Values Across Sherman Oaks, Los Angeles County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 91401 | $210,532 | $420,955 | $662,454 | $1,023,352 | $1,524,900 |
| 91403 | $224,486 | $418,155 | $714,286 | $1,286,102 | $1,952,621 |
| 91411 | $158,937 | $326,276 | $551,966 | $866,451 | $1,220,717 |
| 91423 | $215,471 | $419,905 | $713,986 | $1,266,604 | $1,974,172 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Bills Across Sherman Oaks, Los Angeles County, California
Property tax bills in Sherman Oaks are based on the assessed value of a home, which is then multiplied by the local property tax rate. For homeowners in Los Angeles County, that means the market value of the property and any changes in assessment can have a major impact on what is owed each year. With a median home price of $695,550, tax bills can vary widely depending on the home and its assessed value.
In Sherman Oaks, the 25th percentile tax bill is $5,104, while the 75th percentile reaches $14,827 and the 90th percentile climbs to $22,922. The median tax bill is $8,854 in ZIP code 91403 and $6,833 in ZIP code 91411, showing how much location can affect property taxes. Compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400, local bills are significantly higher.
Ownwell helps homeowners challenge unfair assessments and find savings opportunities, which can lower property tax bills and reduce the financial burden of owning a home.
Property Tax Bills Across Sherman Oaks, Los Angeles County, California
Source: Ownwell
$875
$17,017
$33,158
Median Sherman Oaks Tax Bill
$8,598
Median Los Angeles County Tax Bill
$5,993
Median California Tax Bill
$5,134
Median United States Tax Bill
$3,209
Property Tax Bills Across Sherman Oaks, Los Angeles County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 91401 | $2,767 | $5,290 | $8,230 | $12,631 | $18,744 |
| 91403 | $2,950 | $5,209 | $8,854 | $15,881 | $23,951 |
| 91411 | $2,056 | $4,110 | $6,833 | $10,666 | $15,000 |
| 91423 | $2,833 | $5,224 | $8,817 | $15,601 | $24,266 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
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 | |
|---|---|
| Los Angeles Tax Assessor | |
| Phone | (213) 974-3211 |
| Website | portal.assessor.lacounty.gov |
| pio@assessor.lacounty.gov | |