Tax Rates for Topaz, Mono, CA

Sales Tax
Topaz City Sales Tax0.0%
Mono County Sales Tax1.25%
California State Sales Tax6.0%
Combined Sales Tax7.25%
Property Tax
Mono County Property Tax1.14%
California State Property Tax0.0%
Income Tax
Local Income Tax0%
California State Income Tax1% (<$7,850) to 13.30% (> $1m)

Source(s): http://www.boe.ca.gov

Sales Tax in Topaz, CA

While the State of California only charges a 6% sales tax, there's also a state mandated 1.25% local rate, bringing the minimum sales tax rate in the state up to 7.25%.

As you would imagine, with a combined city/county sales tax rate of 1.25%, Topaz comes in on the low end for sales taxes in California. In fact, there are 1314 cities (out of 1782) that charge a higher rate on items sold with their borders.

Property Tax in Mono County

Mono County has one of the higher property tax rates in the state, at around 1.14%. 46 out of 58 counties have lower property tax rates. 11 counties have higher tax rates. Note that 1.14% is an effective tax rate estimate. Actual property tax rates vary slightly from property to property within cities and counties due to special property tax boundaries.

California has one of the lowest property tax rates in the country, thanks primarily to Proposition 13, a 1978 amendment to California's Constitution. Proposition 13 limits property taxes (which are determined by local governments) to at most 1% of the property's cash value. In addition, annual increases due to property value appreciation are limited to 2% per year. A property's value can only be reassessed for tax purposes if the property changes owners or if there is construction done to the property. Despite the 1% ad valorem tax limit, almost all effective property tax rates in California actually end up exceeding 1%. How can that happen? Proposition 13 allows local governments to charge additional fixed amount special assessments. Those special assessments can be earmarked for anything from funding schools to mosquito abatement. Local governments are also allowed to sell taxpayer approved bonds, which are repaid by additional property taxes not subject to the 1% limit.

Income Tax in California

California is one of 36 states that don't have any local (city or county level) income taxes. It does, however, have the highest top tax bracket in the country of 13.3% on income over $1 million, as well as a pretty high effective rate for middle class workers.

Other Tax Rates

London, Tulare, CA

Durham, Greene, NY

Olema, Marin, CA

Nassau, Rensselaer, NY

Guadalupe, Santa Barbara, CA

Santa Margarita, San Luis Obispo, CA

Walnut Park, Los Angeles, CA

Southport, Chemung, NY

West Turin, Lewis, NY

Castella, Shasta, CA

North Tonawanda, Niagara, NY

Busti, Chautauqua, NY

Dos Rios, Mendocino, CA

Mira Vista, Contra Costa, CA

Avery, Calaveras, CA

Pondosa, Siskiyou, CA

Wawayanda, Orange, NY

San Luis Obispo, San Luis Obispo, CA

Caroline, Tompkins, NY

Niland, Imperial, CA

Lenwood, San Bernardino, CA

Bolinas, Marin, CA

Harrisburg, Lewis, NY

Selma, Fresno, CA

Princetown, Schenectady, NY

Lagunitas, Marin, CA

Edison, Kern, CA

Benton, Yates, NY

Romulus, Seneca, NY

Santa Ysabel, San Diego, CA

Philo, Mendocino, CA

Mineral King, Tulare, CA

Toms Place, Mono, CA

Pioneer, Amador, CA

Somes Bar, Siskiyou, CA

El Cerrito, Contra Costa, CA

Mill Creek, Tehama, CA

Wolcott, Wayne, NY

Hermon, St Lawrence, NY

Wildomar, Riverside, CA

Hopkinton, St Lawrence, NY

Fleming, Cayuga, NY

Five Points, Fresno, CA

Delano, Kern, CA

Pembroke, Genesee, NY

Annsville, Oneida, NY

Watsonville, Santa Cruz, CA

Summit, San Bernardino, CA

San Anselmo, Marin, CA

Henrietta, Monroe, NY

Topanga, Los Angeles, CA

Ledyard, Cayuga, NY

Loleta, Humboldt, CA

Vandenberg A.F.B, Santa Barbara, CA

Bovina, Delaware, NY

Meadowbrook, Riverside, CA

Maryland, Otsego, NY

Cherry Valley, Riverside, CA

Applegate, Placer, CA

Brooks, Yolo, CA

Jacumba, San Diego, CA

Smoke Tree (Twentynine Palms), San Bernardino, CA

Truckee, Nevada, CA

Arcadia, Los Angeles, CA

Naval Training Center (San Diego), San Diego, CA

La Habra, Orange, CA

Terra Bella, Tulare, CA

Palo Alto, Santa Clara, CA

Echo Park (Los Angeles), Los Angeles, CA

Livingston, Columbia, NY

Evans, Erie, NY

Starkey, Yates, NY

Mamaroneck, Westchester, NY

Bear Valley, Alpine, CA

Sawyers Bar, Siskiyou, CA

Penngrove, Sonoma, CA

Volney, Oswego, NY

Rutherford, Napa, CA

College City, Colusa, CA

Wishon, Madera, CA

Auburn, Cayuga, NY

Forestport, Oneida, NY

Loma Rica, Yuba, CA

Lake City, Nevada, CA

Westfield, Chautauqua, NY

Ashland, Greene, NY

Amador City, Amador, CA

Badger, Tulare, CA

Anderson, Shasta, CA

Pallett, Los Angeles, CA

Kelseyville, Lake, CA

Camp Nelson, Tulare, CA

San Leandro, Alameda, CA

Cima, San Bernardino, CA

Naval Supply Center (Oakland), Alameda, CA

La Verne, Los Angeles, CA

Caruthers, Fresno, CA

Iowa Hill, Placer, CA

Giant Forest, Tulare, CA

Greenwich, Washington, NY

Dunnigan, Yolo, CA

Phillipsville, Humboldt, CA

Watertown, Jefferson, NY

Nuevo, Riverside, CA

Selby, Contra Costa, CA

Rye, Westchester, NY

Yountville, Napa, CA

Pauma Valley, San Diego, CA

Helendale, San Bernardino, CA

Portola Valley, San Mateo, CA

Gasquet, Del Norte, CA

Albany, Albany, NY

Whispering Pines, Lake, CA

Lone Pine, Inyo, CA

Jerusalem, Yates, NY

Pinetree, Los Angeles, CA

Stockholm, St Lawrence, NY

Putnam, Washington, NY

Diamond Springs, El Dorado, CA

Campo, San Diego, CA

Top Articles

8 Things That Can Affect Your Mortgage Rate

8 Reasons Why Credit Cards are Better than Cash

A Brief History of Credit Cards

Main Types of Investment Assets

Homeownership as an Investment

Is Marriage Good for Taxes?

Investing for Retirement

8 Individual Tax Breaks You Might Not Know About