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South Alameda News

Sunday, November 24, 2024

Alameda County effective property tax rate in Q4 2022 was lower than the national average

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

The median sales price of a Alameda County home in the fourth quarter of 2022 was $950,000, based on data from the 2,398 properties sold during that time. In 2021 the median tax bill for the county was $6,683, 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 Alameda County real estate data showed homeowners in Albany and Emeryville paid the highest rates.

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

CityQ4 2022 SalesQ4 2022 Median PriceMedian tax 2022Effective tax rate
Albany22$815,000$9,2471.1%
Emeryville34$502,500$5,2181%
Oakland738$788,000$7,1900.9%
Dublin92$1,056,250$9,2850.9%
Berkeley141$1,350,000$10,5460.8%
Cherryland12$655,000$5,2700.8%
Fairview14$875,000$6,5750.8%
Ruby Hill2$2,504,500$16,5490.7%
Hayward46$804,000$5,7770.7%
Ashland16$700,000$5,1870.7%
Piedmont29$2,700,000$18,6520.7%
Alameda112$1,137,500$8,4900.7%
San Lorenzo42$770,000$5,2910.7%
Union City95$1,050,000$7,2270.7%
Castro Valley77$980,000$6,9080.7%
Livermore179$1,050,000$7,0650.7%
San Leandro155$815,000$5,8420.7%
Newark65$1,020,000$5,8250.6%
Pleasanton115$1,450,000$8,4050.6%
Fremont263$1,250,000$7,3610.6%

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