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Central OC Times

Monday, November 25, 2024

Orange County effective property tax rate in Q1 2022 was lower than the national average

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Property owners in Orange County paid 0.5% of the value of their homes in property taxes in the first quarter of 2022, which is less than 0.5 times the national average, according to the real estate analysis posted by the Central OC Times.

The median sales price of a Orange County home in the first quarter of 2022 was $1,160,000, based on data from the 4,865 properties sold during that time. In 2021 the median tax bill for the county was $5,978, which is 0.5% of the median value of the homes that were taxed.

This is 0.5 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Orange County real estate data showed homeowners in Ladera Ranch paid the highest tax rate of 0.9%.

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

CityQ1 2022 SalesQ1 2022 Median PriceMedian tax 2022Effective tax rate
Ladera Ranch51$1,600,000$13,8600.9%
Tustin78$1,150,000$7,9790.7%
Brea93$975,000$6,6640.7%
Stanton35$710,000$4,6780.7%
Villa Park27$1,700,000$11,0670.7%
Los Alamitos10$1,210,000$6,9950.6%
Buena Park145$830,000$4,8470.6%
Placentia97$900,000$5,7850.6%
North Tustin37$1,775,000$9,8140.6%
Fullerton234$982,500$5,9010.6%
Westminster118$900,000$5,5230.6%
Cypress84$1,000,000$5,5310.6%
Orange218$988,000$5,9000.6%
Irvine258$1,700,000$9,5630.6%
Anaheim393$865,000$5,3290.6%
Yorba Linda165$1,340,000$8,5730.6%
Garden Grove193$870,000$5,3650.6%
La Palma18$985,000$5,4530.6%
Las Flores10$1,392,500$8,4680.6%
Coto de Caza64$1,915,000$10,6300.6%
La Habra104$810,000$4,9140.6%
Seal Beach25$1,475,000$8,6690.6%
Rossmoor29$1,450,000$8,3090.6%
Midway City14$980,000$5,8170.6%
Santa Ana224$817,500$4,3090.5%
Huntington Beach321$1,300,000$6,6410.5%
Newport Beach277$3,500,000$16,6370.5%
Lake Forest177$1,200,000$6,1130.5%
Fountain Valley110$1,160,000$5,5520.5%
Dana Point77$1,890,000$9,1350.5%
San Clemente172$1,647,500$8,4520.5%
Laguna Hills56$1,405,000$7,2740.5%
Costa Mesa145$1,301,000$6,7500.5%
Mission Viejo229$1,130,000$5,6690.5%
Laguna Niguel126$1,602,500$7,6650.5%
San Juan Capistrano103$1,371,000$6,7760.5%
Aliso Viejo48$1,342,500$6,8510.5%
Rancho Santa Margarita81$1,235,000$6,4770.5%
Laguna Beach111$2,875,000$12,6490.4%

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