California homeowners pay property tax on the "assessed value", i.e. of the home. This value generally starts at the purchase price and then goes up with the lo

California homeowners pay property tax on the "assessed value", i.e. of the home. This value generally starts at the purchase price and then goes up with the lower of either inflation or 2%. The tax rate is the same for everyone but will be on different values. The rate is 1%, going to the State of California, and usually additional, but lesser, local taxes.