Los Angeles County Assessment Roll Grows 3.91 Percent

The cumulative assessed value of California’s largest county grew 3.91 percent in the past year, marking the 15^th consecutive year of growth, Los Angeles County Assessor Jeff Prang announced August 4.

The growth of roughly $82 billion brings the county’s total roll value to more than $2 trillion.

“The 2025 Assessment Roll’s growth translates to $2.176 trillion in total net value that will put more than $20 billion in property tax dollars towards public services such as public education, first responders and healthcare workers, as well as other County, municipal and public education services,” Prang’s office said in a news release.

“As I said when I presented the forecast to the Board of Supervisors in May, this has been a very challenging year, highlighted by the devastation of the January wildfires that laid to waste large sections of Altadena and the Pacific Palisades,” Prang said. “The wildfires impacted more than 23,000 property parcels, including the total loss of over 10,000 homes, which significantly decreased property tax revenue. However, we are committed to ensuring property owners

receive the assessment relief they are entitled in a timely manner.”

Prang said that while the housing market has shown signs of slowing, median home sales prices remained robust, reaching a high of $950,000, and property transfers were the most significant factor contributing to the roll growth, adding $51 billion in value.

The 2 percent inflation adjustment resulted in a $41 billion increase to the roll, while new construction added $8 billion to the roll, the assessor reported.

The Los Angeles County roll consists of 2,398,007 taxable real property parcels, 160,367 business property assessments, 32,733 boats, and 3,037 aircraft.

Of the 36 counties that have reported their assessment roll data publicly or responded to CalTax’s outreach to county assessors, the average percentage increase is 4.77 percent.

While the average suggests moderate but consistent appreciation across California, individual county performances range significantly. These variations reflect local economic conditions and regional development patterns that shape California’s property tax landscape.