The median sales price of a Santa Clara County home in the first quarter of 2024 was $1,460,000, based on data from the 2,432 properties sold during that time. In 2024, the median tax bill for the county was $9,685, which is 0.7% of the median value of the homes that were taxed.
This is 0.6 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Santa Clara County real estate data showed homeowners in Burbank and Gilroy 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 Burbank with some other cities belonging to Santa Clara 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 |
---|---|---|---|---|
Burbank | 4 | $1,057,500 | $8,111 | 0.8% |
Gilroy | 80 | $990,000 | $8,075 | 0.8% |
San Jose | 1,161 | $1,370,000 | $8,912 | 0.7% |
Lexington Hills | 8 | $1,166,000 | $7,923 | 0.7% |
Morgan Hill | 73 | $1,325,000 | $8,999 | 0.7% |
Alum Rock | 8 | $890,500 | $6,359 | 0.7% |
East Foothills | 16 | $1,370,000 | $9,945 | 0.7% |
Campbell | 68 | $1,792,500 | $10,082 | 0.6% |
Mountain View | 97 | $1,770,000 | $10,995 | 0.6% |
Milpitas | 83 | $1,360,000 | $8,399 | 0.6% |
San Martin | 4 | $1,541,500 | $8,775 | 0.6% |
Palo Alto | 104 | $2,866,250 | $14,889 | 0.5% |
Sunnyvale | 161 | $1,750,000 | $9,363 | 0.5% |
Los Gatos | 54 | $2,775,000 | $13,939 | 0.5% |
Saratoga | 52 | $4,000,000 | $18,794 | 0.5% |
Los Altos Hills | 11 | $6,401,000 | $34,398 | 0.5% |
Monte Sereno | 5 | $4,928,000 | $23,541 | 0.5% |
Cambrian Park | 5 | $1,950,000 | $9,556 | 0.5% |
Fruitdale | 2 | $1,539,000 | $8,006 | 0.5% |
Los Altos | 37 | $3,950,000 | $19,199 | 0.5% |
Loyola | 5 | $5,160,000 | $24,570 | 0.5% |
Santa Clara | 19 | $2,175,000 | $8,550 | 0.4% |
Cupertino | 68 | $3,010,500 | $13,234 | 0.4% |