Question:

What is the property tax rate in Bakersfield, CA. Also, how much do you pay on average for propertyinsurance?

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looking to buy a home for $120,000

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  1. Property taxes in CA are pegged under Prop 13 at no more than 1.25% of the purchase price and may rise no more than 2% per year.  Shop around for the best price on homeowner's insurance; rates are all over the chart.


  2. The rate is 1%, not 1.25% of the purchase price increasing by no more than 2% per year plus any bonded indebtedness.

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