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East SBV Times

Sunday, November 17, 2024

Analysis: San Bernardino County effective property tax rates were lower than the national average in Q2 2023

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Property owners in San Bernardino County paid 0.8% of the value of their homes in property taxes in the second quarter of 2023, which is less than 0.7 times the national average, according to the real estate analysis posted by East SBV Times.

The median sales price of a San Bernardino County home in the second quarter of 2023 was $470,000, based on data from the 5,182 properties sold during that time. In 2023, the median tax bill for the county was $3,659, 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 San Bernardino County real estate data showed homeowners in Searles Valley and Spring Valley Lake paid the highest rates.

The above article calculates the effective property tax rate for 2023 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 Searles Valley with some other cities belonging to San Bernardino County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2023.

CityQ2 2023 SalesQ2 2023 Median PriceMedian tax 2023Effective tax rate
Searles Valley22$37,000$4881.3%
Spring Valley Lake41$422,273$4,0581%
Big Bear City148$379,500$3,4830.9%
Silver Lakes61$344,000$3,1440.9%
Yucaipa129$540,000$4,6620.9%
Highland116$500,000$4,3230.9%
Mentone7$500,000$4,4850.9%
Fontana289$600,000$5,0950.8%
Big Bear Lake97$610,000$4,8660.8%
Adelanto85$369,000$2,8400.8%
Chino162$680,000$5,2380.8%
Yucca Valley108$377,000$3,2010.8%
Needles16$147,500$1,2240.8%
Apple Valley298$385,000$3,0050.8%
Oak Hills44$540,000$4,3890.8%
Redlands156$569,500$4,3830.8%
Grand Terrace8$554,500$4,1870.8%
Riverside4$492,500$4,0150.8%
Running Springs45$355,000$2,6900.8%
Loma Linda35$580,000$4,4230.8%
Crestline84$356,000$2,7740.8%
Victorville327$390,000$2,7830.7%
Rialto116$522,500$3,6430.7%
Chino Hills138$900,000$6,5520.7%
Rancho Cucamonga354$724,000$5,3460.7%
Piñon Hills32$397,000$2,8100.7%
Phelan60$403,500$2,7800.7%
Upland148$778,500$5,2870.7%
San Bernardino419$442,500$2,9010.7%
Lake Arrowhead120$643,750$4,5610.7%
Ontario260$611,000$3,7720.6%
Barstow83$225,000$1,3830.6%
Mountain View Acres9$395,000$2,2530.6%
Hesperia296$401,500$2,5970.6%
Colton111$460,000$2,9090.6%
San Antonio Heights13$1,165,000$7,0920.6%
Twentynine Palms97$280,000$1,7820.6%
Homestead Valley20$219,500$1,3690.6%
Wrightwood38$474,500$3,0220.6%
Montclair44$642,000$3,4500.5%
Joshua Tree46$387,500$2,1290.5%
Lucerne Valley31$300,000$1,6080.5%
Muscoy14$442,500$2,3920.5%
Lenwood22$242,500$1,1870.5%
Morongo Valley17$320,000$1,7510.5%
Bloomington81$1,200,000$3,4640.3%

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