Quantcast

Wine Country Times

Thursday, November 21, 2024

Analysis: Sonoma County effective property tax rate were lighter than the national average in Q1 2023

Realestate5

Property owners in Sonoma County paid 0.7% of the value of their homes in property taxes in the first quarter of 2023, which is less than 0.6 times the national average, according to the real estate analysis posted by the Wine Country Times.

The median sales price of a Sonoma County home in the first quarter of 2023 was $714,000, based on data from the 787 properties sold during that time. In 2021 the median tax bill for the county was $5,095, 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 Sonoma County real estate data showed homeowners in Cazadero paid the highest tax rate of 1.4%.

The following table compares Cazadero with some other cities belonging to Sonoma County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2023.

CityQ1 2023 SalesQ1 2023 Median PriceMedian tax 2023Effective tax rate
Cazadero1$250,000$3,4831.4%
Guerneville15$537,000$6,2671.2%
Graton3$690,000$7,9671.2%
Timber Cove1$550,000$6,6571.2%
Monte Rio3$315,000$3,5421.1%
Boyes Hot Springs10$695,000$6,7091%
Eldridge3$670,000$6,7851%
Sonoma21$930,000$8,9561%
Larkfield-Wikiup7$690,000$6,9401%
Occidental5$475,000$4,6991%
Roseland10$530,000$5,0391%
Forestville4$590,000$5,8951%
Geyserville3$620,000$6,3981%
Temelec8$779,500$7,5761%
Cloverdale12$588,000$5,5780.9%
El Verano4$772,500$7,1600.9%
Salmon Creek1$690,000$5,9170.9%
Glen Ellen1$835,000$7,1700.9%
Cotati12$630,000$5,4470.9%
Jenner1$533,500$4,7290.9%
Santa Rosa251$662,822$5,2330.8%
Windsor38$765,000$6,4180.8%
Fetters Hot Springs-Agua Caliente4$967,500$7,5730.8%
Bodega Bay8$1,366,500$9,8740.7%
Petaluma85$782,000$5,7630.7%
Sereno del Mar1$1,375,000$9,7480.7%
Kenwood3$915,000$6,6960.7%
Healdsburg28$917,500$6,7880.7%
Sebastopol20$842,500$5,6520.7%
Rohnert Park73$645,000$4,7340.7%
Sea Ranch11$1,280,000$8,8690.7%
Penngrove6$1,150,000$8,4040.7%
Bloomfield1$950,000$6,0150.6%
Fulton1$1,400,000$5,5260.4%

MORE NEWS