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Richmond, Contra Costa County, California Property Taxes

  • Median Richmond, CA effective property tax rate: 1.89%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.

  • Median Richmond, CA home value: $302,428

  • Median annual Richmond, CA tax bill: $5,890, $3,490 higher than the national median property tax bill of $2,400.

How are property taxes in Contra Costa calculated?

Property taxes in Richmond, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Richmond’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Richmond, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Richmond, Contra Costa County, California Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.89%

Estimate Property Tax Bill

$5,716

$5,304

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Richmond Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Richmond with just two data points. By entering your property's estimated assessed value, our calculator applies Richmond’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Contra Costa County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Richmond, Contra Costa County, California

Local government entities in Richmond, located in Contra Costa County, set property tax rates that can vary widely within California. Each year, the county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

Richmond's effective property tax rate can be compared to other cities in California and the median property tax rates across the state and the U.S. Richmond's effective tax rate is 1.89%, which is significantly higher than the national median property tax rate of 1.02%. Within Richmond, the highest median tax rate is 1.94% in the 94801 ZIP code, while the lowest is 1.81% in the 94805 ZIP code. These variations highlight the importance of understanding local property tax rates, especially when considering property investments or relocations. Comparing local rates to state and national medians provides valuable insight into the tax landscape, helping property owners make informed decisions.

Property Tax Rates Across Richmond, Contra Costa County, California

Source: Ownwell

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1.08%

1.51%

1.95%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Richmond Tax Rate

1.89%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Contra Costa County Tax Rate

1.36%

Median Effective California Tax Rate

1.21%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Richmond, Contra Costa County, California

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
948011.54%1.68%1.94%2.56%3.72%
94802N/AN/AN/AN/AN/A
94803N/AN/AN/AN/AN/A
948041.64%1.72%1.90%2.35%3.35%
948051.47%1.63%1.81%2.16%2.84%
94806N/AN/AN/AN/AN/A
94807N/AN/AN/AN/AN/A

Source: Ownwell

Property Tax Assessment Values Across Richmond, Contra Costa County, California

When examining property taxes in Richmond, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Contra Costa County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Contra Costa County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Richmond. For example, the median home price in Richmond is $302,428, with tax bills ranging significantly across the county. Zip code 94805 has the highest median home price at $339,508.

Property Tax Assessment Values Across Richmond, Contra Costa County, California

Source: Ownwell

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$147,170

$1,068,104

$1,989,037

Median Richmond Market Value

$302,428

Median Contra Costa County Market Value

$485,124

Median California Market Value

$378,421

Median United States Market Value

$235,294

Property Tax Assessment Values Across Richmond, Contra Costa County, California

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
94801$58,828$118,338$251,968$464,308$700,094
94802N/AN/AN/AN/AN/A
94803N/AN/AN/AN/AN/A
94804$76,941$167,081$312,898$508,553$668,100
94805$93,284$200,659$339,508$567,634$765,000
94806N/AN/AN/AN/AN/A
94807N/AN/AN/AN/AN/A

Source: Ownwell

Property Tax Bills Across Richmond, Contra Costa County, California

In Richmond, Contra Costa County, CA, property tax bills are calculated based on the assessed value of a home, typically pegged to its market value. With a median home price of $302,428, the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as local levies and special assessments can also influence the final amount. The median property tax bill in Richmond is notably higher than the national median of $2,400, with the 25th percentile tax bill at $3,720 and the 75th percentile reaching $8,829. This significant range highlights the impact of varying property values and tax rates on homeowners. Homeowners in Richmond, particularly those in the 94805 zip code, face one of the highest median tax bills at $6,187. Ownwell assists homeowners by navigating the complexities of property tax appeals and exemptions, potentially reducing their tax burden. By leveraging expertise and local knowledge, Ownwell helps clients achieve significant savings on their property tax bills.

Property Tax Bills Across Richmond, Contra Costa County, California

Source: Ownwell

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$2,978

$13,116

$23,253

Median Richmond Tax Bill

$5,890

Median Contra Costa County Tax Bill

$6,706

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Richmond, Contra Costa County, California

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
94801$1,946$3,084$5,308$8,324$11,971
94802N/AN/AN/AN/AN/A
94803N/AN/AN/AN/AN/A
94804$2,599$3,898$6,084$8,857$11,185
94805$2,663$4,245$6,187$9,359$11,912
94806N/AN/AN/AN/AN/A
94807N/AN/AN/AN/AN/A

Source: Ownwell

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