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West Contra Costa News

Saturday, April 19, 2025

Analysis: Contra Costa County effective property tax rates were lower than the national average in Q4 2024

Webp realestate4

Property owners in Contra Costa County paid 0.9% of the value of their homes in property taxes in the fourth quarter of 2024, which is less than 0.8 times the national average, according to the real estate analysis posted by West Contra Costa News.

The median sales price of a Contra Costa County home in the fourth quarter of 2024 was $775,000, based on data from the 2,172 properties sold during that time. In 2024, the median tax bill for the county was $6,913, which is 0.9% of the median value of the homes that were taxed.

This is 0.8 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Contra Costa County real estate data showed homeowners in Discovery Bay (Unincorporated) paid the highest tax rate of 1.1%.

The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2023 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following table compares Discovery Bay (Unincorporated) with some other cities belonging to Contra Costa County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2024.

CityQ4 2024 SalesQ4 2024 Median PriceMedian tax 2024Effective tax rate
Discovery Bay (Unincorporated)61$770,000$8,4521.1%
Brentwood133$769,000$7,6021%
Hercules37$695,000$7,2861%
Richmond162$625,000$6,5181%
Crockett (Unincorporated)10$605,000$5,9101%
East Contra Costa (Unincorporated)2$477,500$4,7541%
Oakley60$650,000$6,1160.9%
Pinole31$700,000$6,2130.9%
San Pablo30$505,000$4,7210.9%
Lafayette (Unincorporated)4$1,500,000$12,8960.9%
Pleasant Hill (Unincorporated)3$1,075,000$9,7000.9%
Oakley (Unincorporated)7$525,000$4,6070.9%
Antioch235$568,000$4,6830.8%
Clayton34$1,050,000$8,7520.8%
Martinez111$785,000$6,2070.8%
Orinda48$1,800,000$15,1380.8%
Pleasant Hill92$932,500$7,0270.8%
San Ramon121$1,470,000$11,9090.8%
El Sobrante (Unincorporated)23$735,000$5,7790.8%
Bay Point (Unincorporated)20$500,000$4,1110.8%
Martinez (Unincorporated)23$640,000$5,3870.8%
Concord236$731,000$5,4350.7%
Danville113$1,550,000$11,2570.7%
El Cerrito53$1,186,000$8,4510.7%
Lafayette49$1,875,000$13,7620.7%
Moraga42$1,592,500$10,6800.7%
Pittsburg92$555,000$3,9490.7%
Walnut Creek148$1,100,000$8,1510.7%
Richmond (Unincorporated)13$855,000$6,0910.7%
San Pablo (Unincorporated)20$669,500$4,8150.7%
Danville (Unincorporated)35$2,310,000$16,4760.7%
Alamo (Unincorporated)41$2,450,000$16,5970.7%
Kensington11$1,700,000$11,5200.7%
Walnut Creek (Unincorporated)53$1,380,000$9,9860.7%
Rodeo (Unincorporated)11$765,000$5,7130.7%
Concord (Unincorporated)4$912,500$5,3880.6%

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