California Property Tax Calculator
Our California property tax calculator calculates the taxes you’ll pay after buying a property in the State of California. Make better property purchase decisions.
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County tax$ 4,100
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County tax rate0.82%
California Property Tax
Proposition 13, a measure passed by Californian voters in 1978, places limitations on property taxes in California with two key provisions.
Firstly, it caps general property taxes, excluding those designated for specific purposes, at 1% of a property’s market value.
Additionally, it constrains annual increases in assessed property values to a maximum of 2%.
These dual restrictions work in tandem to maintain property taxes in California at a level below the national average, ultimately resulting in lower tax bills for residents.
The typical effective property tax rate in California stands at 0.71%, which is notably lower than the current national average of 0.99%.
California Property Tax Law
Property taxes in California are determined by the property’s acquisition cost, meaning that when you acquire a house, its assessed value aligns with the purchase price.
Subsequently, the assessed value experiences annual increments in accordance with the inflation rate, specifically linked to changes in the California Consumer Price Index.
Failure to pay your property taxes in California can result in a series of consequences. Delinquent property taxes can accrue penalties and interest, making it more expensive to catch up on payments.
Your property may also be subjected to a tax lien, potentially leading to additional fees and legal costs. In extreme cases, the county may even sell your property at a tax auction to recover the unpaid taxes, potentially resulting in the loss of your property.
Frequently Asked Questions
