The typical Californian is taxed at a rate of 0.74% for property, a maximum of 13.30% for income and up to 7.25% for sales. Compared to the national averages California earns a score of good 👍 for property taxes, poor 👎 for income taxes and poor 👎 for combined local and state sales tax. Quick links to regions of California with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of California
California has approximately 39,296,476 residents. A common term for people in California is "Californiac". Within this population there are around 487,916 births and 273,977 deaths per year. Approximately 50.3% of this population speaks English exclusively. Conversely, 0.8% of this population has no verbal English skill. On average, real estate listings in California are on the market for 61 days. The Market Health Index for California is 8.82. California has one of the top ten largest income disparities between the wealthiest and poorest counties. Santa Clara is the wealthiest of all counties in California. The least wealthy of all counties in California is Trinity.
Daily state facts: At a maximum of over 13%, California has the highest state income tax rates in the nation. The federal government owns over a 45% of California. California was also ranked in the bottom three states by the CATO Institude on a combined measure of personal and economic freedom.
According to the Bureau of Labor Statistics, California employment in October 2022 was 19,279,503, unemployment was 776,609 or 4.0% of total jobs.