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South Alameda News

Thursday, November 21, 2024

Alameda County effective property tax rate in Q4 2023 was lower than the national average

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Property owners in Alameda County paid 0.8% of the value of their homes in property taxes in the fourth quarter of 2023, which is less than 0.7 times the national average, according to the real estate analysis posted by South Alameda News.

The median sales price of a Alameda County home in the fourth quarter of 2023 was $980,000, based on data from the 2,179 properties sold during that time. In 2023, the median tax bill for the county was $7,618, 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 Alameda County real estate data showed homeowners in Emeryville, Ruby Hill, and Oakland paid the highest rates.

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 Emeryville 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 2023.

CityQ4 2023 SalesQ4 2023 Median PriceMedian tax 2023Effective tax rate
Emeryville25$520,000$5,5591.1%
Ruby Hill4$1,812,500$17,6321%
Oakland702$802,500$7,6611%
Berkeley142$1,261,500$11,2360.9%
Albany35$1,049,000$9,8510.9%
Dublin60$1,139,750$9,8930.9%
Ashland16$730,000$5,5260.8%
Cherryland18$737,000$5,6150.8%
Alameda121$1,075,000$9,0450.8%
San Leandro110$812,500$6,2250.8%
Hayward46$925,000$6,1550.7%
Piedmont31$2,827,500$19,8720.7%
San Lorenzo31$830,000$5,6370.7%
Union City72$1,117,500$7,7000.7%
Castro Valley70$1,125,000$7,3600.7%
Fairview22$1,019,000$7,0050.7%
Livermore142$1,072,000$7,5270.7%
Newark55$1,115,000$6,2060.6%
Pleasanton83$1,435,000$8,9550.6%
Fremont234$1,390,500$7,8420.6%

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