Property owners in Los Angeles County paid 0.6% of the value of their homes in property taxes in the first quarter of 2024, which is less than 0.5 times the national average, according to the real estate analysis posted by West SGV News.
The median sales price of a Los Angeles County home in the first quarter of 2024 was $964,000, based on data from the 290 properties sold during that time. In 2024, the median tax bill for the county was $5,827, which is 0.6% of the median value of the homes that were taxed.
This is 0.5 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Los Angeles County real estate data showed homeowners in Santa Clarita Valley CDP paid the highest tax rate of 1.2%.
The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2022 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The following table compares Santa Clarita Valley CDP with some other cities belonging to Los Angeles County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2024.
| City | Q1 2024 Sales | Q1 2024 Median Price | Median tax 2024 | Effective tax rate |
|---|---|---|---|---|
| Santa Clarita Valley CDP | 3 | $835,000 | $9,868 | 1.2% |
| Lancaster | 6 | $457,500 | $4,578 | 1% |
| Palmdale | 7 | $476,000 | $4,844 | 1% |
| Santa Clarita | 13 | $640,000 | $6,691 | 1% |
| Downey | 2 | $699,000 | $5,777 | 0.8% |
| Compton | 3 | $590,000 | $4,874 | 0.8% |
| Cerritos | 2 | $712,000 | $5,742 | 0.8% |
| Azusa | 3 | $591,500 | $4,435 | 0.7% |
| Alhambra | 3 | $805,000 | $5,505 | 0.7% |
| Monterey Park | 2 | $810,000 | $5,821 | 0.7% |
| Santa Fe Springs | 3 | $680,000 | $4,742 | 0.7% |
| Long Beach | 15 | $790,000 | $5,423 | 0.7% |
| Lakewood | 6 | $830,000 | $5,520 | 0.7% |
| Antelope Valley CDP | 6 | $402,500 | $3,013 | 0.7% |
| Calabasas | 2 | $1,834,250 | $10,778 | 0.6% |
| San Gabriel | 2 | $1,077,500 | $6,893 | 0.6% |
| Beverly Hills | 2 | $3,492,500 | $22,056 | 0.6% |
| Whittier | 4 | $952,500 | $5,761 | 0.6% |
| Norwalk | 2 | $765,000 | $4,602 | 0.6% |
| Rancho Palos Verdes | 3 | $1,850,000 | $10,590 | 0.6% |
| Los Angeles | 122 | $1,122,500 | $6,029 | 0.5% |
| Glendale | 6 | $1,277,500 | $6,358 | 0.5% |
| Arcadia | 2 | $1,950,000 | $9,517 | 0.5% |
| Torrance | 9 | $1,345,000 | $6,973 | 0.5% |
| Altadena CDP | 4 | $1,300,000 | $6,440 | 0.5% |
| Hacienda Heights CDP | 2 | $1,129,500 | $5,665 | 0.5% |
| Pasadena | 4 | $1,647,500 | $6,638 | 0.4% |
| Temple City | 2 | $1,560,000 | $6,746 | 0.4% |
| West Whittier / Los Nietos CDP | 2 | $980,000 | $4,320 | 0.4% |
| Malibu | 3 | $7,912,500 | $23,021 | 0.3% |
| Manhattan Beach | 2 | $4,700,000 | $15,386 | 0.3% |
| Ladera Heights / Viewpark – Windsor Hills CDP | 2 | $2,462,500 | $7,534 | 0.3% |
| Burbank | 2 | $2,587,500 | $6,177 | 0.2% |
