YOU ARE INCORRECT ABOUT CALIFORNIA PROPERTY TAX.
Prop 13 limits the property tax at 1% of purchase value since 1978. If you have been in your house since 1977 it is 1% of the value in 77. If the house was 50,000. Your tax is 500. If you buy a 500,000 house now, your tax would be 5,000 per year.
Cities are allowed to raise the taxes a small amount over time. After 42 years most tax rates around the state are about 1.17% A small increase from 1% in 1978.
The democrats are constantly trying to get around prop 13, but they have been beaten back. The current attempt is to raise commercial property taxes. But one of the positives in CAL is the low rate of property taxes and if you stay in your home in the long term you’re getting a real break over other states and people who move around frequently.
The state also allows seniors to move within the same county and transfer their old tax to the new property (Prop 60). 7 counties allow you to transfer from other counties (prop 90).
Is that the tax rate for a single taxing entity or does it include all property taxes, i.e. city, county, school, utility district, etc.? When you get your statement at the end of the year for Federal Income tax filing, what percentage of the property value is that number. I can’t believe it is 1% or California would not have been in the group of states crying like a baby when the Trump tax cuts limited the deduction for property taxes and mortgage interest.