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Sacramento Standard

Sunday, May 19, 2024

Analysis: Sacramento County effective property tax rate were lighter than the national average in Q1 2022

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Property owners in Sacramento County paid 0.7% the value of their homes in property taxes in the first quarter of 2022 which is less than 1.6 times the national average, according to the real estate analysis posted by the Sacramento Standard.

The median sales price of a Sacramento County home in the first quarter of 2022 was $515,000, based on data from the 4,670 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 1.6 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 Walnut Grove and Gold River paid the highest rates.

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

CityQ1 2022 SalesQ1 2022 Median PriceMedian tax 2022Effective tax rate
Walnut Grove3$305,000$4,2511.4%
Gold River23$728,000$6,3730.9%
Elk Grove437$640,000$5,1510.8%
Fair Oaks109$630,000$5,2530.8%
Vineyard156$568,750$4,5230.8%
Arden-Arcade235$480,000$3,8140.8%
Wilton16$750,000$6,1060.8%
Galt71$495,000$3,7600.8%
Sacramento1,550$500,000$3,5290.7%
Carmichael213$505,000$3,7700.7%
Rancho Cordova336$560,000$3,8290.7%
Citrus Heights309$478,500$3,1190.7%
Folsom180$754,000$5,6520.7%
Orangevale116$547,500$3,7160.7%
Elverta13$430,000$2,8660.7%
Antelope159$535,000$3,8390.7%
Rancho Murieta29$690,000$5,0720.7%
La Riviera41$460,000$3,0260.7%
Foothill Farms124$419,000$2,3500.6%
North Highlands147$399,000$2,3290.6%
Rosemont74$463,500$2,8150.6%
Florin112$422,500$2,4740.6%
Rio Linda74$419,500$2,7130.6%
Parkway27$375,000$2,1460.6%
Lemon Hill38$352,500$1,8390.5%
Fruitridge Pocket22$375,000$1,8090.5%
Isleton2$502,750$2,0520.4%

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