San Francisco Property Tax by Neighborhood

San Francisco's ad-valorem rate is about 1.17% of assessed value — the 1% Proposition 13 base plus voter-approved debt. Your bill is that rate times your assessed value, which under Proposition 13 is generally what you paid when you bought, rising no more than 2% a year. Assessed values vary widely by neighborhood: the median single-family assessed value runs from $403,774 in Mission Bay to $3.62 million in Pacific Heights (2025-26).

By median single-family assessed value — the base the tax is charged on — Pacific Heights is the highest at about $3.62 million, and Mission Bay the lowest at about $403,774 (2025-26). Because San Francisco applies one countywide ad-valorem rate, a higher assessed value means a proportionally higher bill. These are Proposition 13 assessed values for existing owners, not current market prices.

It is a measure of Proposition 13 lock-in: how long the typical owner in a neighborhood has held their property. Longer-held neighborhoods — Visitacion Valley leads for single-family homes at about 22 years — tend to have assessed values well below market because the 2% annual cap has held them down since the last sale. Neighborhoods that turn over faster reset closer to market value.

No. The figures here are Proposition 13 assessed values — what owners are actually taxed on — which are generally set at the last purchase price and rise no more than 2% a year. They are typically well below current market/sale prices, especially in long-held neighborhoods. Use them to understand the tax base, not to price a home.

It is the share of parcels in that neighborhood and property type claiming California's $7,000 homeowners' exemption, which only owner-occupants can claim. It works as a rough proxy for owner-occupancy: a high share means mostly owner-occupied homes, a low share means more rentals or investor-owned units.