Riverside, CA — income, home value, property tax, and sales tax.
In ZIP code 92509, near Riverside, homes carry a median value of $540,100 while households bring in a median of $95,355 a year. The county's 0.78% effective property tax rate works out to roughly $4,200 annually on a home at that median value — a meaningful line item, though one that many local households can absorb given their earnings. Per-capita income sits lower, at $30,318, which hints at a range of financial situations across the area. Add an 8.75% combined sales tax on purchases, and the overall cost of living here reflects both the housing market's strength and the taxes that come with it.
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