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Oakland City Wire

Saturday, December 21, 2024

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

Realestate1

Property owners in Alameda County paid 0.7% of the value of their homes in property taxes in the second quarter of 2024, which is less than 0.6 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 second quarter of 2024 was $1,150,000, based on data from the 2,665 properties sold during that time. In 2024, the median tax bill for the county was $7,885, 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 Alameda County real estate data showed homeowners in Emeryville 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 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 second quarter of 2024.

CityQ2 2024 SalesQ2 2024 Median PriceMedian tax 2024Effective tax rate
Emeryville24$528,750$5,7541.1%
Albany40$1,000,000$10,1971%
Ashland16$635,000$5,7200.9%
Piedmont35$2,385,000$20,5690.9%
Oakland703$847,000$7,9290.9%
Berkeley190$1,400,000$11,6300.8%
Alameda115$1,200,000$9,3630.8%
San Leandro176$848,000$6,4430.8%
Dublin96$1,362,500$10,2400.8%
Cherryland13$775,000$5,8120.7%
San Lorenzo23$850,000$5,8340.7%
Fairview12$1,100,000$7,2510.7%
Livermore221$1,170,000$7,7910.7%
Hayward61$1,065,000$6,3710.6%
Union City93$1,265,000$7,9700.6%
Castro Valley71$1,200,000$7,6180.6%
Newark77$1,385,000$6,4230.5%
Pleasanton181$1,735,000$9,2690.5%
Fremont384$1,550,000$8,1170.5%

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