The median sales price of a Santa Clara County home in the second quarter of 2022 was $1,525,000, based on data from the 5,122 properties sold during that time. In 2021 the median tax bill for the county was $8,207, which is 0.5% of the median value of the homes that were taxed.
This is 0.5 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Santa Clara County real estate data showed homeowners in Stanford, Burbank, and Gilroy paid the highest rates.
The following table compares Stanford with some other cities belonging to Santa Clara County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2022.
City | Q2 2022 Sales | Q2 2022 Median Price | Median tax 2022 | Effective tax rate |
---|---|---|---|---|
Stanford | 3 | $1,559,000 | $11,872 | 0.8% |
Burbank | 8 | $979,000 | $7,355 | 0.8% |
Gilroy | 187 | $1,065,000 | $7,323 | 0.7% |
San Jose | 2,430 | $1,430,000 | $8,082 | 0.6% |
Monte Sereno | 15 | $3,800,000 | $21,346 | 0.6% |
Lexington Hills | 14 | $1,210,000 | $7,184 | 0.6% |
Morgan Hill | 180 | $1,389,500 | $8,160 | 0.6% |
San Martin | 11 | $1,250,000 | $7,957 | 0.6% |
East Foothills | 17 | $1,500,000 | $9,018 | 0.6% |
Sunnyvale | 392 | $1,861,500 | $8,490 | 0.5% |
Campbell | 148 | $1,794,000 | $9,142 | 0.5% |
Los Gatos | 119 | $2,550,000 | $12,639 | 0.5% |
Los Altos Hills | 26 | $5,740,500 | $31,191 | 0.5% |
Mountain View | 224 | $1,895,000 | $9,970 | 0.5% |
Milpitas | 221 | $1,385,000 | $7,616 | 0.5% |
Fruitdale | 2 | $1,350,000 | $7,260 | 0.5% |
Alum Rock | 13 | $1,100,000 | $5,767 | 0.5% |
Cupertino | 94 | $2,610,000 | $12,000 | 0.5% |
Loyola | 11 | $4,900,000 | $22,280 | 0.5% |
Palo Alto | 171 | $3,300,000 | $13,501 | 0.4% |
Saratoga | 96 | $3,800,000 | $17,042 | 0.4% |
Santa Clara | 47 | $2,070,000 | $7,753 | 0.4% |
Cambrian Park | 12 | $2,292,500 | $8,665 | 0.4% |
Los Altos | 78 | $4,130,500 | $17,409 | 0.4% |