California’s property tax revenues up 7.3% in Q4 2024 compared to same quarter of the previous year

Malia M. Cohen, California Controller
Malia M. Cohen, California Controller
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California collected $897 million in property taxes during the fourth quarter of 2024, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This represents a 7.3% increase over the same quarter the previous year, when property tax revenues were $836 million.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by state governments.

Overall, California collected $63.7 billion in combined tax revenues in Q4.

Q4 California Tax Collections
Type of TaxAmount (millions)
Income Taxes$37,757
Sales and Gross Receipts Taxes$19,372
License Taxes$3,510
Other Taxes$2,150
Property Taxes$897
Information in this article was obtained from the U.S. Census Bureau. The source data can be found here.



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