State Tax Collections: T01 Property Taxes for California
This dataset tracks state tax collections: t01 property taxes for california over time.
Latest Value
918.00
Year-over-Year Change
17.24%
Date Range
1/1/1994 - 1/1/2025
Summary
This data series tracks quarterly property tax collections for the state of California. It is an important indicator of local government revenue and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The State Tax Collections: T01 Property Taxes for California data series measures the total quarterly property tax revenue collected by the state government of California. Property taxes are a major source of funding for public services and infrastructure at the local level.
Methodology
The data is collected directly from state fiscal records by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this data to assess the financial health of California's state and local governments.
Key Facts
- California is the most populous U.S. state.
- Property taxes account for over 25% of California's state and local government revenue.
- Quarterly property tax collections in California averaged $33 billion from 2010-2020.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total quarterly property tax revenue collected by the state government of California.
Q: Why is this trend relevant for users or analysts?
A: Property taxes are a major source of funding for state and local governments, so this data is an important indicator of their financial health and economic activity.
Q: How is this data collected or calculated?
A: The data is collected directly from state fiscal records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the financial condition of California's state and local governments and make informed decisions about budgets and public services.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the U.S. Census Bureau, with a typical 3-month delay between the end of the quarter and data publication.
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Citation
U.S. Federal Reserve, State Tax Collections: T01 Property Taxes for California (QTAXT01QTAXCAT3CANO), retrieved from FRED.