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East Contra Costa News

Saturday, April 19, 2025

Effective property tax rate in Contra Costa County were lower than the national average in Q2 2024

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Property owners in Contra Costa County paid 0.8% of the value of their homes in property taxes in the second quarter of 2024, which is less than 0.7 times the national average, according to the real estate analysis posted by East Contra Costa News.

The median sales price of a Contra Costa County home in the second quarter of 2024 was $838,000, based on data from the 2,555 properties sold during that time. In 2024, the median tax bill for the county was $6,913, 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 Contra Costa County real estate data showed homeowners in Oakley (Unincorporated) and Lafayette (Unincorporated) paid the highest rates.

The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2023 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 Oakley (Unincorporated) with some other cities belonging to Contra Costa County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2024.

CityQ2 2024 SalesQ2 2024 Median PriceMedian tax 2024Effective tax rate
Oakley (Unincorporated)6$385,000$4,6071.2%
Lafayette (Unincorporated)3$1,200,000$12,8961.1%
Brentwood169$785,000$7,6021%
Hercules49$697,500$7,2861%
Richmond165$633,000$6,5181%
Discovery Bay (Unincorporated)58$839,750$8,4521%
Oakley84$670,000$6,1160.9%
Pinole30$705,500$6,2130.9%
San Pablo15$500,000$4,7210.9%
El Sobrante (Unincorporated)22$675,000$5,7790.9%
Bay Point (Unincorporated)15$479,000$4,1110.9%
Martinez (Unincorporated)29$615,000$5,3870.9%
Crockett (Unincorporated)9$675,000$5,9100.9%
Antioch254$610,000$4,6830.8%
Clayton34$1,099,500$8,7520.8%
Richmond (Unincorporated)15$770,000$6,0910.8%
San Pablo (Unincorporated)27$635,000$4,8150.8%
Kensington14$1,480,000$11,5200.8%
Rodeo (Unincorporated)16$697,000$5,7130.8%
Concord308$760,000$5,4350.7%
El Cerrito66$1,170,000$8,4510.7%
Martinez113$832,500$6,2070.7%
Orinda54$2,125,500$15,1380.7%
Pittsburg85$580,000$3,9490.7%
Pleasant Hill95$1,025,000$7,0270.7%
San Ramon172$1,637,500$11,9090.7%
Walnut Creek161$1,175,000$8,1510.7%
Danville (Unincorporated)68$2,370,000$16,4760.7%
Concord (Unincorporated)3$729,000$5,3880.7%
San Ramon (Unincorporated)4$3,802,500$27,7250.7%
Danville153$1,800,000$11,2570.6%
Lafayette65$2,400,000$13,7620.6%
Moraga45$1,750,000$10,6800.6%
Alamo (Unincorporated)47$2,800,000$16,5970.6%
Pleasant Hill (Unincorporated)3$1,500,000$9,7000.6%
Walnut Creek (Unincorporated)42$1,587,500$9,9860.6%

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