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East SBV Times

Monday, December 23, 2024

San Bernardino County effective property tax rate in Q4 2023 was lower than the national average

Realestate2

Property owners in San Bernardino County paid 0.8% of the value of their homes in property taxes in the fourth 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 fourth quarter of 2023 was $480,000, based on data from the 4,190 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 eight cities paid the highest tax rate of 0.9%.

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 Big Bear Lake 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 fourth quarter of 2023.

CityQ4 2023 SalesQ4 2023 Median PriceMedian tax 2023Effective tax rate
Big Bear Lake93$525,000$4,8660.9%
Yucca Valley87$370,000$3,2010.9%
Big Bear City130$397,000$3,4830.9%
Needles14$142,500$1,2240.9%
Spring Valley Lake34$458,500$4,0580.9%
Highland102$490,000$4,3230.9%
Searles Valley7$55,500$4880.9%
Mentone14$519,000$4,4850.9%
Fontana230$620,000$5,0950.8%
Adelanto68$370,000$2,8400.8%
Apple Valley205$390,000$3,0050.8%
Oak Hills31$550,000$4,3890.8%
Silver Lakes40$382,500$3,1440.8%
Yucaipa106$567,500$4,6620.8%
Jurupa Valley4$216,000$1,6780.8%
Riverside2$500,000$4,0150.8%
Running Springs51$327,000$2,6900.8%
Loma Linda22$551,250$4,4230.8%
Lake Arrowhead154$602,000$4,5610.8%
Crestline79$350,000$2,7740.8%
Wrightwood20$363,000$3,0220.8%
Victorville239$400,000$2,7830.7%
Rialto88$530,000$3,6430.7%
Chino130$701,500$5,2380.7%
Colton93$425,000$2,9090.7%
Chino Hills130$978,250$6,5520.7%
Rancho Cucamonga271$775,000$5,3460.7%
Piñon Hills25$390,000$2,8100.7%
Phelan57$417,000$2,7800.7%
Upland127$759,000$5,2870.7%
Redlands136$600,000$4,3830.7%
Twentynine Palms58$250,000$1,7820.7%
Oak Glen5$1,066,500$7,0530.7%
Grand Terrace10$632,500$4,1870.7%
Ontario188$640,000$3,7720.6%
Montclair51$615,000$3,4500.6%
Mountain View Acres3$398,000$2,2530.6%
Hesperia218$421,000$2,5970.6%
San Antonio Heights11$1,100,000$7,0920.6%
Joshua Tree25$345,000$2,1290.6%
San Bernardino335$450,000$2,9010.6%
Muscoy18$406,250$2,3920.6%
Homestead Valley15$242,000$1,3690.6%
Barstow71$264,500$1,3830.5%
Lucerne Valley22$321,250$1,6080.5%
Lenwood14$257,250$1,1870.5%
Morongo Valley18$332,500$1,7510.5%
Bloomington18$774,500$3,4640.4%

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