1. What is California Property Tax Increase?

In California, property taxes can increase annually based on Proposition 13 limitations (typically 2% maximum) plus any voter-approved assessments. This calculator helps estimate your new property tax based on the increase rate.

2. How Does the Calculator Work?

The calculator uses the property tax increase formula:

Where:

• Old Tax — Current property tax amount in USD
• Rate — Percentage increase rate

Explanation: The equation calculates the new tax amount after applying the percentage increase to the original tax.

3. Importance of Property Tax Calculation

Details: Understanding potential tax increases helps homeowners budget for housing costs and assess affordability, especially important in California's high-cost housing market.

4. Using the Calculator

Tips: Enter your current property tax amount and the expected increase rate (typically 2% under Prop 13, but may be higher with local assessments). Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What's the maximum annual increase under Prop 13?
A: Generally 2% maximum, unless there are voter-approved local assessments or property improvements.

Q2: When do property taxes increase in California?
A: Annual increases typically take effect on July 1st (the start of the fiscal year).

Q3: Are there exemptions to property tax increases?
A: Yes, seniors (55+), disabled persons, and veterans may qualify for exemptions or transfers.

Q4: How is the base year value determined?
A: It's the purchase price when you bought the property, adjusted annually by inflation (max 2%).

Q5: Can I appeal my property tax assessment?
A: Yes, you can file an appeal with your county assessor's office if you believe your assessment is incorrect.