Milpitas property owners paid 0.7% of their home’s value in property taxes during the fourth quarter of 2025, a rate that is under 0.8 times the average across the country, BlockShopper.com reports.
For the fourth quarter of 2025, the median home sales price in Milpitas was $1,280,000, drawn from sales of 85 properties in that time frame. Milpitas’s median tax bill in 2025 was $8,613, reflecting 0.7% of the median taxable home value.
The nationwide average effective property tax rate was 0.888% in 2024.
Within Santa Clara County, Gilroy registered the highest property tax rate.
This article determines Milpitas’s 2025 effective property tax rate using inflation projections and county tax data from 2021. Actual rates may differ in specific cases.
According to Redfin data, U.S. home prices continued rising in 2025, and the national median climbed to roughly $447,000 in June, a 1.13% increase from the year before. A notable supply-demand gap was also present, with 36% more homes for sale than buyers (an excess of 508,715 homes). Redfin defines a balanced housing market as one where the number of sellers and buyers are within 10% of each other.
The table below compares median effective property tax rates among Gilroy and several other Santa Clara County cities, using home sale and property tax data for the fourth quarter of 2025.
| City | Q4 2025 Sales | Q4 2025 Median Price | Median tax 2025 | Effective tax rate |
|---|---|---|---|---|
| Gilroy | 85 | $950,000 | $8,281 | 0.9% |
| Lexington Hills | 4 | $1,014,000 | $8,124 | 0.8% |
| Burbank | 8 | $1,075,000 | $8,317 | 0.8% |
| Morgan Hill | 86 | $1,207,000 | $9,228 | 0.8% |
| Los Altos Hills | 24 | $5,095,000 | $35,273 | 0.7% |
| Milpitas | 85 | $1,280,000 | $8,613 | 0.7% |
| Alum Rock | 8 | $965,000 | $6,521 | 0.7% |
| East Foothills | 13 | $1,500,000 | $10,197 | 0.7% |
| San Jose | 1,343 | $1,400,000 | $9,139 | 0.7% |
| Mountain View | 134 | $1,705,000 | $11,275 | 0.7% |
| Fruitdale | 2 | $1,247,500 | $8,209 | 0.7% |
| Campbell | 69 | $1,680,000 | $10,338 | 0.6% |
| Los Gatos | 66 | $2,222,500 | $14,293 | 0.6% |
| Monte Sereno | 10 | $4,277,500 | $24,139 | 0.6% |
| San Martin | 7 | $1,500,000 | $8,998 | 0.6% |
| Loyola | 11 | $4,300,000 | $25,195 | 0.6% |
| Palo Alto | 138 | $3,200,000 | $15,267 | 0.5% |
| Sunnyvale | 173 | $1,830,000 | $9,601 | 0.5% |
| Saratoga | 62 | $4,137,500 | $19,271 | 0.5% |
| Cupertino | 73 | $2,850,000 | $13,570 | 0.5% |
| Cambrian Park | 4 | $2,300,000 | $9,799 | 0.4% |
| Los Altos | 56 | $4,562,500 | $19,687 | 0.4% |
| Santa Clara | 26 | $2,225,000 | $8,768 | 0.4% |
