San Diego County Assessor Jordan Z. Marks: Tax Roll Shows San Diego County land has never been worth so much

Land in San Diego County has never been worth so much.

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The San Diego County Assessor-Recorder-County Clerk (ARCC) has announced the gross assessed value of all taxable properties in San Diego County – including residential, commercial and industrial land -- is at a record $845 billion, the highest amount in county history.

That billion-dollar figure represents an increase of 4.86%, or $39 billion over the previous year from Jan. 1, 2025, to Jan. 1, 2026, following certification by Jordan Z. Marks, San Diego County ARCC.

“The 2026 tax roll shows that San Diego County is the gold standard in fairness, transparency, and putting taxpayers first based on having received a 98.24% positive customer service rating from our customers,” said Marks. “My extraordinary San Diego Assessor team demonstrated leadership by meeting our commitment to closing the tax roll complete, on time and with exceptional 99.5% accuracy.

The ARCC office said the $845 billion figure will result in approximately $8.1 billion in property tax revenue to support key county, city, school, fire, water and other special district services, an increase of $366 million from last year.

It also includes a record-high $346 million in property tax savings for San Diego County homeowners, disabled veterans, seniors, museums, nonprofits, affordable housing and homeless service providers. The property tax savings represents a 7% increase over the previous year.

According to the Assessor's Office, homeowners received $31.5 million in property tax savings through the homeowners' exemption, while 22,817 disabled veterans and surviving spouses received $40.8 million in property tax relief.

Proposition 13 continued to limit annual assessed value increases for property owners. The Assessor’s Office said about 93%, or 950,652 properties, qualified for the constitutional tax protections in accordance with California’s landmark legislation that limits property tax increases to 2% of assessed value, while providing a stable and key source of revenue for local governments. The office said Proposition 13 protections contributed a record $14.9 billion to the 2026-27 assessment roll.

Marks said, “Thanks to Proposition 13, no homeowner should lose their home due to unaffordable property taxes, and our schools and local government agencies are receiving a stable and reliable record high revenue funding for the 14th year in a row.”

Marks said this is the 14th consecutive year the San Diego County Assessor’s Office has delivered record-high revenue for key government services and record-high property tax savings, making San Diego County a more affordable place to live and thrive.

San Diego County is the fifth largest assessment jurisdiction in the United States with 1,021,998 taxable real estate parcels, 54,454 business personal property accounts, 15,033 boats and 1,576 aircraft. Residential properties make up the vast majority of taxable land in the county.

“If we don’t close the tax roll on time, then county services will be interrupted, taxpayers impacted, and we will see a cascading effect that would impact revenues for public safety, schools, libraries, parks, and key government services,” Marks said.