Property Tax & Income in Placer County, California
Placer County has an effective property tax rate of 0.84%. On the median home value of $688,100, that's roughly $5,812 per year. Median household income is $115,998.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Placer County | California (state context) |
|---|---|---|
| Effective property tax rate1 | 0.84% | 0.70% |
| Median home value1 | $688,100 | — |
| State income tax3 | top rate 13.30% | top rate 13.30% |
| State sales tax3 | 9.03% combined | 9.03% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Placer County, CA
In Placer County, buying a home means weighing a higher-than-average tax rate against the area's costs. The effective property tax rate of 0.845% sits above California's 0.698% median and ranks second among the state's 58 counties, so taxes take a bigger bite here than in most of the state. On a median-valued home of $688,100, that works out to about $5,812 a year in real-estate taxes. Households earning the median income of $115,998 would devote roughly 5% of that to property taxes, while per-capita income stands at $57,862. Home prices in Roseville, Rocklin, Auburn and the rest of the county are steep, and the tax bill adds to the carrying cost. Still, the county's rate edges past the national median of 0.794% only slightly, so the bigger affordability question is the purchase price itself.