Review of Huntington Beach, California

Clean fun vibe but expensive
Star Rating - 4/13/2019
Lived here for a couple months now. Love the beach and the weather. Nice boardwalk to walk or ride your bike. Overall nice clean feel and vibe.

Only move here if you have a great income. Median home price is 812k. We rent a small 2 bedroom condo for 2500 a month. Would love to buy, but hoping for crash in the real estate market. Property taxes and all tax in CA is too high. Thank liberals for that.
Adam | Huntington Beach, CA
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Property tax in Huntington Beach is remarkably low compared to the rest of the USA; 0.69%. It might seem high if you've not done any research because property prices are very high compared to most of the USA. There is no sales tax on groceries. So, go ahead, thank the Liberals for keeping property tax low and sales tax restricted. You can now thank the 1%ers or wannabe 1%ers for hiking up property prices and making it that the minimum annual income needed for a single person to live acceptably (not palatially) in Huntington Beach to be almost $100,000.
H | Huntington Beach, CA | Report Abuse

Property taxes in California are governed statewide by Proposition 13, passed in 1978. The tax rate is 1.0% (plus voter-approved bonded indebtedness) and assessed on the acquisition cost of an asset. It can be increased no more than 2.0% annually. The result is that over time, assuming housing costs increase, property taxes as a percent of market value decrease. If a property is "underwater" relative to acquisition cost, the assessment can be appealed/reduced. The reason property taxes in California may appear high is that the average and median home prices are high relative to most parts of the US. This is particularly true for homes that were recently purchased. But homes that were purchased several years ago have property tax bills that are low relative to market value, thanks to Prop 13 protections. A good comparison with California's property taxes is Texas and New Jersey. TX relies heavily on property taxes as it doesn't have a personal income tax. It isn't unusual for property taxes as a percent of market value to exceed 2.5-3.0%. In NJ, property tax rates are among the highest in the country, and often exceed 2.5% or more of market value. California may have high taxes in some respects, but property taxes are a bargain. May God forever bless Howard Jarvis and Paul Gann!
Bernie | Huntington Beach, CA | Report Abuse
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