Riverside, CA — income, home value, property tax, and sales tax.
Households in ZIP code 92506, part of Riverside, bring in a median income of $121,459, with per-capita earnings of $53,234. Home values here sit at a median of $669,500, and the county-level property tax rate of 0.78% translates into roughly $5,222 a year for a home at that price. Sales tax adds 8.75% to purchases made in the area. With earnings this high, that property tax bill takes up a smaller share of annual income than it would in many places, leaving households here with more flexibility in how they allocate the rest of their spending.
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