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Oakland City Wire

Thursday, November 7, 2024

Analysis: Alameda County effective property tax rates were lower than the national average in Q1

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Property owners in Alameda County paid 0.8% of the value of their homes in property taxes in the first quarter of 2024, which is less than 0.7 times the national average, according to the real estate analysis posted by Oakland City Wire.

The median sales price of a Alameda County home in the first quarter of 2024 was $975,000, based on data from the 1,815 properties sold during that time. In 2024, the median tax bill for the county was $7,885, 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 Oakland and Albany 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 following table compares Oakland with some other cities belonging to Alameda County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2024.

CityQ1 2024 SalesQ1 2024 Median PriceMedian tax 2024Effective tax rate
Oakland561$730,000$7,9291.1%
Albany24$932,500$10,1971.1%
Piedmont20$2,030,000$20,5691%
Dublin66$1,017,000$10,2401%
Berkeley113$1,295,000$11,6300.9%
Cherryland10$659,000$5,8120.9%
Alameda71$1,050,000$9,3630.9%
Emeryville19$621,500$5,7540.9%
San Leandro117$805,000$6,4430.8%
Ashland14$835,000$5,7200.7%
San Lorenzo20$838,000$5,8340.7%
Castro Valley42$1,019,500$7,6180.7%
Fairview8$990,000$7,2510.7%
Livermore141$1,192,500$7,7910.7%
Hayward30$995,000$6,3710.6%
Newark56$1,165,000$6,4230.6%
Pleasanton80$1,630,000$9,2690.6%
Union City55$1,300,000$7,9700.6%
Fremont265$1,460,000$8,1170.6%

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