Chico, CA — income, home value, property tax, and sales tax.
In ZIP code 95929, part of Chico, the county-level effective property tax rate is 0.69%, so a home's assessed value drives the annual bill more than the rate itself. Higher home prices mean a larger dollar amount owed each year, which can squeeze buyers whose earnings have not climbed at the same pace. Sales tax here combines to 9.25%, adding cost to everyday purchases and further shaping what households can set aside. Together, the property tax and sales tax draw on income in different ways, and the gap between local wages and home values is what ultimately decides how comfortably residents can buy and hold property in this area.