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Victor Valley Times

Sunday, November 24, 2024

Effective property tax rate in San Bernardino County were lower than the national average in Q3 2023

Realestate2

Property owners in San Bernardino County paid 0.8% of the value of their homes in property taxes in the third quarter of 2023, which is less than 0.7 times the national average, according to the real estate analysis posted by Victor Valley Times.

The median sales price of a San Bernardino County home in the third quarter of 2023 was $484,000, based on data from the 4,754 properties sold during that time. In 2023, the median tax bill for the county was $3,659, which is 0.8% of the median value of the homes that were taxed.

This is 0.7 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of San Bernardino County real estate data showed homeowners in Searles Valley paid the highest tax rate of 1.1%.

The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The following table compares Searles Valley with some other cities belonging to San Bernardino County by their median effective property tax rate, calculated using sales and property tax data from the third quarter of 2023.

CityQ3 2023 SalesQ3 2023 Median PriceMedian tax 2023Effective tax rate
Searles Valley7$45,000$4881.1%
Yucca Valley86$355,000$3,2010.9%
Big Bear City160$390,000$3,4830.9%
Needles21$140,000$1,2240.9%
Silver Lakes42$365,000$3,1440.9%
Yucaipa132$534,000$4,6620.9%
Spring Valley Lake54$459,000$4,0580.9%
Fontana297$600,000$5,0950.8%
Adelanto82$375,000$2,8400.8%
Oak Hills34$525,000$4,3890.8%
Highland99$515,000$4,3230.8%
Riverside2$515,000$4,0150.8%
Running Springs57$349,000$2,6900.8%
Loma Linda38$558,750$4,4230.8%
Lake Arrowhead140$599,500$4,5610.8%
Crestline108$339,500$2,7740.8%
Lytle Creek4$342,500$2,6000.8%
Victorville303$390,000$2,7830.7%
Big Bear Lake130$652,500$4,8660.7%
Rialto100$547,500$3,6430.7%
Chino135$720,000$5,2380.7%
Bloomington26$529,000$3,4640.7%
Chino Hills150$937,500$6,5520.7%
Rancho Cucamonga259$733,000$5,3460.7%
Apple Valley266$402,500$3,0050.7%
Piñon Hills34$374,750$2,8100.7%
Phelan53$402,000$2,7800.7%
Upland162$753,500$5,2870.7%
Muscoy10$325,250$2,3920.7%
Redlands158$619,000$4,3830.7%
Twentynine Palms77$270,000$1,7820.7%
Grand Terrace7$585,000$4,1870.7%
Lenwood17$175,000$1,1870.7%
Mentone9$650,000$4,4850.7%
Wrightwood35$439,000$3,0220.7%
Ontario242$642,500$3,7720.6%
Montclair46$622,250$3,4500.6%
Barstow67$228,000$1,3830.6%
Mountain View Acres14$373,750$2,2530.6%
Hesperia234$420,000$2,5970.6%
Colton99$450,000$2,9090.6%
San Antonio Heights9$1,220,000$7,0920.6%
Joshua Tree48$361,000$2,1290.6%
Lucerne Valley28$265,000$1,6080.6%
San Bernardino354$447,500$2,9010.6%
Morongo Valley11$299,000$1,7510.6%
Homestead Valley13$299,000$1,3690.5%

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