Get CA BOE-266 - San Luis Obispo County 2014-2024

What is the sales tax rate in San Luis Obispo, California? The minimum combined 2023 sales tax rate for San Luis Obispo, California is 8.75%.

Tax Savings Program for Homeowners​ This is a free program; however, an application is required. You must be a property owner, co-owner or a purchaser named in a contract of sale. You must occupy your home as your principal place of residence as of 12:01 a.m., January 1 each year.

Effective April 1, 2021, California Proposition 19 allows any person who is at least 55 years of age, any severely disabled person, or any victim of a wildfire or natural disaster, to transfer the base year value from their original principal residence to a replacement property anywhere in California.

California Property Tax Rates CountyMedian Home ValueAverage Effective Property Tax RateSan Luis Obispo County$605,2000.80%San Mateo County$1,163,1000.73%Santa Barbara County$610,3000.75%Santa Clara County$1,061,9000.85%54 more rows

Description. Proposition 13, approved by California voters in 1978, regulates property taxation in the state, including limitations on increases in assessed property values. Proposition 13 also sets the taxation rate at 1% of assessed values (not including special assessments or voter-approved bonds).

Homeowners' Exemption The California Constitution provides a $7,000 reduction in the taxable value for a qualifying owner-occupied home. The home must have been the principal place of residence of the owner on the lien date, January 1st.

What is a homeowners' exemption? If you own and occupy your home as your principal place of residence, you may apply for an exemption of up to $7,000 off the assessed value. This reduces your property tax by about $70.00 per year.

California Property Tax Rates CountyMedian Home ValueAverage Effective Property Tax RateSan Luis Obispo County$605,2000.80%San Mateo County$1,163,1000.73%Santa Barbara County$610,3000.75%Santa Clara County$1,061,9000.85%54 more rows