When it comes to state taxes in California, there are several factors that come into play. The state has a progressive income tax system, which means that the tax rate increases as income increases. For the 2021 tax year, the tax rates range from 1% to 13.3%, depending on your income level.
In addition to income tax, California also has a state sales tax rate of 7.25%. However, this can vary slightly depending on the city or county you are in, as some areas have additional local sales taxes.
California also has a high property tax rate, with an average effective property tax rate of 0.77%. This means that for every $100 of assessed home value, you would pay $0.77 in property taxes.
It's important to note that while these are the general tax rates, there may be other taxes or fees that apply to your specific situation. For the most accurate information, it's always best to consult a tax professional or refer to the California Franchise Tax Board website.