Analysis: Sonoma County effective property tax rates were lower than the national average in Q2 2024

Analysis: Sonoma County effective property tax rates were lower than the national average in Q2 2024
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Property owners in Sonoma County paid 0.8% of the value of their homes in property taxes in the second quarter of 2024, which is less than 0.7 times the national average, according to the real estate analysis posted by Wine Country Times.

The median sales price of a Sonoma County home in the second quarter of 2024 was $775,000, based on data from the 1,237 properties sold during that time. In 2024, the median tax bill for the county was $6,013, 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 Sonoma County real estate data showed homeowners in Occidental, Guerneville, and Temelec paid the highest rates.

The above article calculates the effective property tax rate for 2024 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 U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.
“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following table compares Occidental with some other cities belonging to Sonoma County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2024.

City Q2 2024 Sales Q2 2024 Median Price Median tax 2024 Effective tax rate
Occidental 10 $342,500 $4,864 1.4%
Guerneville 28 $547,500 $6,487 1.2%
Temelec 14 $657,500 $7,842 1.2%
Cloverdale 37 $605,000 $5,773 1%
Fetters Hot Springs-Agua Caliente 14 $810,000 $7,839 1%
Cotati 19 $585,000 $5,638 1%
Boyes Hot Springs 12 $775,000 $6,945 0.9%
El Verano 13 $815,000 $7,411 0.9%
Glen Ellen 3 $850,000 $7,422 0.9%
Roseland 8 $579,500 $5,216 0.9%
Forestville 14 $657,000 $6,102 0.9%
Santa Rosa 397 $715,500 $5,416 0.8%
Bodega Bay 11 $1,238,000 $10,221 0.8%
Windsor 65 $805,000 $6,644 0.8%
Graton 5 $1,000,000 $8,246 0.8%
Sonoma 27 $1,200,000 $9,270 0.8%
Cazadero 3 $450,000 $3,605 0.8%
Larkfield-Wikiup 12 $950,000 $7,183 0.8%
Sebastopol 16 $735,000 $5,850 0.8%
Monte Rio 9 $485,000 $3,666 0.8%
Petaluma 124 $882,500 $5,966 0.7%
Eldridge 6 $949,500 $7,023 0.7%
Rohnert Park 90 $691,000 $4,901 0.7%
Geyserville 7 $947,000 $6,623 0.7%
Penngrove 3 $1,200,000 $8,699 0.7%
Kenwood 2 $1,180,750 $6,931 0.6%
Healdsburg 28 $1,185,500 $7,026 0.6%
Sea Ranch 26 $1,598,750 $9,181 0.6%
Bodega 2 $2,312,500 $6,025 0.3%


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