Presenting a single home index value for all of California or all of Texas is near pointless.
Good luck finding a house in Austin that's 315k paying 1.69% in property taxes.
Good luck finding a house in Austin that's 315k paying 1.69% in property taxes.
San Fransisco: $1,576,808 [0] * 1.18248499% [1] = $18,645.5179
Austin: $661,337 [2] * 2.2267% [3] = $14,725.991
[0]: https://www.zillow.com/san-francisco-ca/home-values/
[1]: https://sftreasurer.org/property/secured-property-taxes