So, what's the average real estate tax rate in California? Well, it's around 0.85% of the property's value, which is actually pretty low compared to other states. But, here's the thing, it can range from 0.6% to 1.25% depending on the county and city you're in.
For instance, if you're buying a $500,000 home in San Diego, your annual property tax would be around $4,250. Not too bad, right? But, if you're buying a $1 million mansion in Beverly Hills, your annual property tax would be around $8,500. That's a big difference!
