California

Property Tax Rates & Rules

1.1%

Effective Rate

$8,580

Median Annual Tax

$780k

Median Home Value

Available

Homestead Exempt

Full Tax Details

Avg Effective Rate1.1%

Median Home Value$780,000

Median Annual Tax$8,580

Assessment Ratio100%

Homestead ExemptionYes

Senior ExemptionYes

Highest Rate CountyModoc

Lowest Rate CountySan Mateo

Payment ScheduleTwo installments: Dec 10 and April 10.

Assessment Method

Base year value plus annual inflation factor not to exceed 2% (Prop 13).

Homestead Exemption Details

$7,000 reduction in assessed value for owner-occupied primary residences.

Senior Exemption Details

Proposition 19 allows seniors 55+ to transfer tax base to new primary residence.

How to Appeal Your Assessment

Assessment Appeals Board (AAB) filing typically between July 2 and Nov 30.

Official Source

California Tax Authority

Last verified: 2026-03-31 · Always confirm current rates before making real estate decisions.