Quantcast

East SBV Times

Sunday, December 22, 2024

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

Re 8

Property owners in San Bernardino 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 East SBV Times.

The median sales price of a San Bernardino County home in the first quarter of 2024 was $480,000, based on data from the 3,860 properties sold during that time. In 2024, the median tax bill for the county was $3,787, 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 Lytle Creek, Searles Valley, and Needles 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 Lytle Creek 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 first quarter of 2024.

CityQ1 2024 SalesQ1 2024 Median PriceMedian tax 2024Effective tax rate
Lytle Creek3$180,000$2,6911.5%
Searles Valley8$36,000$5051.4%
Needles9$100,000$1,2671.3%
Fontana258$600,000$5,2740.9%
Yucca Valley78$382,500$3,3130.9%
Big Bear City122$388,500$3,6050.9%
Silver Lakes38$365,000$3,2550.9%
Yucaipa92$536,000$4,8260.9%
Spring Valley Lake42$460,000$4,2010.9%
Oak Glen3$825,000$7,3010.9%
Highland76$499,500$4,4750.9%
Big Bear Lake90$615,000$5,0370.8%
Adelanto65$385,000$2,9400.8%
Rancho Cucamonga204$715,000$5,5340.8%
Apple Valley246$400,000$3,1100.8%
Phelan64$382,500$2,8780.8%
Oak Hills25$550,000$4,5430.8%
Redlands114$562,500$4,5360.8%
Running Springs40$339,500$2,7840.8%
Loma Linda22$541,500$4,5790.8%
Lake Arrowhead108$586,500$4,7210.8%
Mentone11$570,000$4,6420.8%
Crestline76$339,000$2,8720.8%
Victorville253$390,000$2,8810.7%
Rialto98$550,000$3,7710.7%
Chino103$730,000$5,4220.7%
Bloomington27$500,000$3,5860.7%
Chino Hills131$958,000$6,7820.7%
Piñon Hills25$415,000$2,9080.7%
Lucerne Valley19$239,000$1,6640.7%
Upland106$758,500$5,4720.7%
San Bernardino351$445,000$3,0030.7%
Twentynine Palms59$260,000$1,8450.7%
Grand Terrace7$600,000$4,3340.7%
Wrightwood21$425,000$3,1280.7%
Ontario198$632,500$3,9040.6%
Montclair32$645,000$3,5720.6%
Barstow72$251,250$1,4320.6%
Hesperia178$426,500$2,6880.6%
Colton63$484,500$3,0110.6%
Joshua Tree25$365,000$2,2040.6%
Lenwood14$207,500$1,2280.6%
Homestead Valley23$220,000$1,4170.6%
Morongo Valley7$290,000$1,8120.6%
Mountain View Acres9$425,000$2,3320.5%
San Antonio Heights8$1,431,000$7,3400.5%
Muscoy12$495,000$2,4760.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS