Property Taxes in Milpitas, California
Median Milpitas, California effective property tax rate: 1.18%, significantly higher than the national median of 1.02%, and lower than the California state median of 1.21%.
Median Milpitas, California home value: $679,057
Median annual Milpitas, California tax bill: $8,065, $5,665 higher than the national median property tax bill of $2,400.
How are property taxes in Santa Clara calculated?
Property taxes in Milpitas, 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 Milpitas's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Milpitas, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Milpitas Property Tax Calculator Work?
Use this Milpitas property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Milpitas's median effective tax rate of 1.18% — based on actual property records in Santa Clara County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Milpitas's 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 Milpitas: rates range from 1.18% in 95035 to 1.18% in 95035, primarily due to differences in school district levies and local assessment districts.
If your estimate is higher than expected, Ownwell can appeal your Milpitas assessment — you only pay if we save you money.
About Milpitas Property Taxes
About Property Taxes in Milpitas, Santa Clara, California
Milpitas’s median effective property tax rate of 1.18% is lower than the California state median of 1.21% and higher than the national median of 1.02%. This rate reflects the Santa Clara 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 Milpitas. Homeowners in the 95035 ZIP code carry a median effective rate of 1.18%, while those in the same ZIP also pay 1.18%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Santa Clara County. Understanding which part of Milpitas you live in can make a meaningful difference to your annual tax bill.
Milpitas homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the September 15, 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 Milpitas, Santa Clara 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 Milpitas's effective property tax rate to other cities in California and the median property tax rates in California and the U.S.
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 Milpitas Tax Rate
1.18%
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 Santa Clara County Tax Rate
1.31%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Milpitas, Santa Clara County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95035 | 1.16% | 1.17% | 1.18% | 1.22% | 1.27% |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Assessment Values Across Milpitas, Santa Clara County, California
When examining property taxes in Milpitas, 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 Santa Clara 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 Santa Clara County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of August.
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 Milpitas.
For example, the median home price in Milpitas is $679,057, with tax bills ranging significantly across the county. 95035 has the highest median home price at $679,114.
Property Tax Assessment Values Across Milpitas, Santa Clara County, California
Source: Ownwell
$248,609
$1,619,295
$2,989,980
Median Milpitas Market Value
$679,057
Median Santa Clara County Market Value
$717,300
Median California Market Value
$427,605
Median United States Market Value
$274,101
Property Tax Assessment Values Across Milpitas, Santa Clara County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95035 | $215,472 | $407,829 | $679,114 | $989,919 | $1,285,029 |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Bills Across Milpitas, Santa Clara County, California
Property tax bills in Milpitas are based on the assessed value of a home and the local tax rate, so homeowners with higher-valued properties generally pay more. With a median home price of $679,057, the tax bill can vary widely across the city, and that variation can have a real impact on household budgets. The 25th percentile tax bill is $4,881, while the 75th percentile reaches $11,819 and the 90th percentile climbs to $15,316, showing how quickly property taxes can rise as assessed values increase.
What determines the bill is the home’s assessed value, local levies, and any eligible exemptions. In zip code 95035, the median tax bill is $8,065, which is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Ownwell helps homeowners challenge unfair assessments and find savings opportunities, which can lower property tax bills and reduce the amount paid each year.
Property Tax Bills Across Milpitas, Santa Clara County, California
Source: Ownwell
$2,906
$19,795
$36,683
Median Milpitas Tax Bill
$8,065
Median Santa Clara County Tax Bill
$9,592
Median California Tax Bill
$5,134
Median United States Tax Bill
$3,209
Property Tax Bills Across Milpitas, Santa Clara County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95035 | $2,657 | $4,882 | $8,065 | $11,819 | $15,316 |
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 | September 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Santa Clara Tax Assessor | |
| Phone | (408) 299-5372 |
| Website | asr.santaclaracounty.gov |
| dawn.cieslik@asr.sccgov.org | |