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Sunday, November 24, 2024

Sacramento County effective property tax rate in Q3 2022 was lower than the national average

Realestate5

Property owners in Sacramento County paid 0.7% of the value of their homes in property taxes in the third quarter of 2022, which is less than 0.6 times the national average, according to the real estate analysis posted by the North Sacramento Today.

The median sales price of a Sacramento County home in the third quarter of 2022 was $500,000, based on data from the 4,617 properties sold during that time. In 2021 the median tax bill for the county was $3,544, which is 0.7% of the median value of the homes that were taxed.

This is 0.6 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Sacramento County real estate data showed homeowners in Gold River and Walnut Grove paid the highest rates.

The following table compares Gold River with some other cities belonging to Sacramento County by their median effective property tax rate, calculated using sales and property tax data from the third quarter of 2022.

CityQ3 2022 SalesQ3 2022 Median PriceMedian tax 2022Effective tax rate
Gold River42$671,000$6,3730.9%
Walnut Grove6$492,500$4,2510.9%
Elk Grove418$625,000$5,1510.8%
Rancho Cordova247$500,000$3,8290.8%
Folsom230$726,250$5,6520.8%
Fair Oaks118$656,000$5,2530.8%
Antelope142$485,000$3,8390.8%
Vineyard115$560,000$4,5230.8%
Rancho Murieta33$655,000$5,0720.8%
Sacramento1,477$485,000$3,5290.7%
Carmichael258$520,000$3,7700.7%
Citrus Heights296$451,750$3,1190.7%
Orangevale134$515,000$3,7160.7%
Arden-Arcade264$512,500$3,8140.7%
Wilton12$930,000$6,1060.7%
Rio Linda57$400,000$2,7130.7%
Galt102$517,250$3,7600.7%
Foothill Farms129$412,000$2,3500.6%
North Highlands159$380,000$2,3290.6%
Elverta15$441,000$2,8660.6%
Rosemont94$460,000$2,8150.6%
Florin101$402,000$2,4740.6%
La Riviera40$474,000$3,0260.6%
Isleton5$340,000$2,0520.6%
Lemon Hill25$369,000$1,8390.5%
Parkway41$400,000$2,1460.5%
Fruitridge Pocket17$347,000$1,8090.5%

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