how much is the property tax in california

Property tax in California is based on the assessed value of your property and the tax rate set by local governments. The average effective property tax rate in California is around 0.77%, which is slightly below the national average. However, keep in mind that property tax rates can vary significantly between different cities and counties within the state.

To calculate your property tax in California, you can use the following formula:

Property Tax = Assessed Value of Property x Property Tax Rate

The assessed value of your property is determined by the county assessor's office and is based on the market value of your property. The property tax rate is set by local governments, such as cities, counties, and special districts.

It's important to note that California has a Proposition 13, which limits the amount that the assessed value of a property can increase each year. This means that your property tax will generally be based on the purchase price of your property, with an annual increase of no more than 2%.

In addition to the regular property tax, there may be other assessments and fees, such as Mello-Roos taxes or special assessments for local improvements, that could affect the total amount you pay in property taxes.

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