Quantcast

West OC Times

Tuesday, April 22, 2025

Analysis: Orange County effective property tax rates were lower than the national average in Q4 2024

Webp fumrd8mcufjxudrsdgqofpusuqpx

Hugh Nguyen, Clerk & Recorder of Orange County | https://www.ocrecorder.com/

Hugh Nguyen, Clerk & Recorder of Orange County | https://www.ocrecorder.com/

Property owners in Orange County paid 0.6% of the value of their homes in property taxes in the fourth quarter of 2024, which is less than 0.5 times the national average, according to the real estate analysis posted by West OC Times.

The median sales price of a Orange County home in the fourth quarter of 2024 was $1,290,000, based on data from the 3,664 properties sold during that time. In 2024, the median tax bill for the county was $7,054, 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 Orange County real estate data showed homeowners in Ladera Ranch, Tustin, and Las Flores 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 U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following table compares Ladera Ranch with some other cities belonging to Orange County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2024.

CityQ4 2024 SalesQ4 2024 Median PriceMedian tax 2024Effective tax rate
Ladera Ranch23$1,730,000$15,2850.9%
Tustin62$1,328,250$8,7990.7%
Las Flores7$1,420,000$9,3390.7%
Los Alamitos16$1,357,500$7,7140.6%
Buena Park107$880,000$5,3460.6%
Placentia83$1,050,000$6,3800.6%
Dana Point87$1,831,000$10,0740.6%
Fullerton183$1,025,000$6,5070.6%
Westminster99$1,085,000$6,0910.6%
Cypress61$1,105,000$6,0990.6%
Orange179$1,175,000$6,5060.6%
Anaheim297$960,000$5,8760.6%
Brea61$1,145,000$7,3490.6%
Yorba Linda138$1,466,000$9,4550.6%
Garden Grove143$975,000$5,9170.6%
Rancho Santa Margarita58$1,272,500$7,1430.6%
Coto de Caza39$1,900,000$11,7230.6%
La Habra64$896,500$5,4190.6%
Stanton33$849,000$5,1590.6%
Seal Beach40$1,615,000$9,5600.6%
Midway City5$1,040,000$6,4150.6%
Villa Park20$2,067,500$12,2050.6%
Santa Ana171$920,000$4,7520.5%
Huntington Beach281$1,435,000$7,3240.5%
Newport Beach186$3,833,250$18,3470.5%
Lake Forest108$1,273,000$6,7410.5%
Fountain Valley78$1,352,500$6,1230.5%
North Tustin24$1,970,000$10,8230.5%
San Clemente121$1,699,000$9,3210.5%
Irvine165$1,950,000$10,5470.5%
Laguna Hills33$1,585,000$8,0220.5%
Costa Mesa152$1,550,000$7,4440.5%
Mission Viejo168$1,217,500$6,2510.5%
Laguna Niguel92$1,600,000$8,4530.5%
Laguna Beach73$2,807,000$13,9490.5%
Aliso Viejo26$1,490,000$7,5550.5%
La Palma23$1,120,000$6,0130.5%
Rossmoor19$1,699,000$9,1630.5%
San Juan Capistrano62$1,787,500$7,4720.4%

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