Countywide property tax roll reaches $369B
Property values throughout Riverside County rose nearly 10% last year to $369.61 billion, with houses and commercial structures making up the largest share of the valuation, according to a report released Wednesday, July 13, by the Assessor-Clerk-Recorder’s Office.“With such an active and appreciating real estate market this past year, our roll reflects the market conditions for property owners in Riverside County,” Assessor-Clerk-Recorder Peter Aldana said. “As values go up, the tax base grows, which helps keep our county financially strong.”The county’s property tax assessment roll for the most recent base year, valued as of Jan. 1, was 9.26% higher than in 2021, when the roll totaled $338.28 billion, according to the Assessor-Clerk-Recorder’s Office.The assessm