Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - Because Proposition  13 (197 8) h olds property taxes relatively constant in real terms over time, these homeowners pay less in property taxes, on average, than younger homeowners. For example, in 2016, homeowners aged 62 t o   71 p aid median property taxes of $3,050, compared to homeowners aged 42 t o 51, who paid median property taxes of $4,450.
https://lao.ca.gov/Publications/Report/3885