The assessed value of San Diego properties has never been higher. Pictured: Pacific Beach and Mission Bay in 2023. San Diego County’s assessed value of all taxable property — including residential, commercial and industrial land — is now $768 billion, the Assessor’s Office said this week. The figure represents an increase of 5.58 percent between Jan. 1, 2023, and Jan. 1, 2024, and is the highest in county history.
Residential properties make up the vast majority of taxable land in the county with 1,017,929 parcels. They are followed by 56,839 business properties, 14,852 boats and 1,576 aircraft. “The 2024 tax roll shows that San Diego County is the gold standard in fairness, transparency, and putting taxpayers first,” he said.
In terms of specific areas, the city of San Diego had the highest assessed land value at $369 billion. It was followed by Carlsbad at $46.4 billion, Chula Vista at $43.1 billion and Oceanside at $34.4 billion. The lowest assessed values were in Imperial Beach and Lemon Grove, both at $3.4 billion.