Taxes in Monterey Park, California
Complete tax guide for Monterey Park, CA. State income tax up to 9.3%, 0.77% property tax, 8.98% sales tax. Calculate your total tax burden.
State Income Tax
9.3%
California
Property Tax
0.77%
Effective rate
Sales Tax
8.98%
Combined rate
Tax Burden
High
Monterey Park, CA Tax Overview
Population
60,269
Median Income
$84,100
Cost of Living
159.4 (100 = avg)
State Income Tax
9.3%
Median Home Price
$842,000
Monterey Park Tax Calculator
Pre-filled with Monterey Park median: $84,100
Total Tax Burden in Monterey Park
$24,371
Take-Home: $59,729 · Effective Rate: 28.98%
Federal Tax
$10,116
12.03% eff.
CA State
$7,821
9.30% eff.
FICA
$6,434
7.65% eff.
Take-Home
$59,729
71.02% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $84,100.00 | $7,008.33 |
| Federal Income Tax | -$10,116.00 | -$843.00 |
| California State Tax | -$7,821.30 | -$651.78 |
| Social Security (6.2%) | -$5,214.20 | -$434.52 |
| Medicare (1.45%) | -$1,219.45 | -$101.62 |
| Take-Home Pay | $59,729.05 | $4,977.42 |
Property Tax in Monterey Park
Median Home
$842,000
Annual Tax
$6,483
Monthly Tax
$540
Effective Rate
0.77%
Sales Tax in Monterey Park
Combined Rate
8.98%
State Portion
~6.5%
Local Portion
~2.5%
The combined sales tax rate in Monterey Park is 8.98%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.98 in sales tax.
Tax Burden Comparison
| Tax Type | Monterey Park | California Avg | National Avg |
|---|---|---|---|
| Income Tax | 9.3% | 9.3% | 4.6% |
| Property Tax | 0.77% | ~0.77% | 1.1% |
| Sales Tax | 8.98% | ~8.98% | 7.12% |
| Overall Burden | High | — | Moderate |
Tax Saving Tips for Monterey Park Residents
- California's income tax rate of 9.3% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
- Property tax in Monterey Park (0.77%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- The combined sales tax rate of 8.98% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in California
Los Angeles
Very HighSan Diego
Very HighSan Jose
Very HighSan Francisco
Very HighFresno
Very HighSacramento
Very HighLong Beach
Very HighOakland
Very HighBakersfield
Very HighAnaheim
Very HighStockton
Very HighRiverside
Very HighCalculate Your Full California Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Monterey Park, CA?
Monterey Park, California has a state income tax rate up to 9.3%. The property tax rate is 0.77% and the combined sales tax rate is 8.98%.
How much is property tax in Monterey Park?
The effective property tax rate in Monterey Park is 0.77%. On the median home price of $842,000, this equals approximately $6,483 per year or $540 per month. This is below the national average of 1.1%.
What is the sales tax rate in Monterey Park?
The combined sales tax rate in Monterey Park is 8.98%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does Monterey Park's tax burden compare to other cities?
Monterey Park has a high overall tax burden. The effective total tax rate for a median-income household is approximately 35%. The combination of 9.3% state income tax, 0.77% property tax, and 8.98% sales tax determines the total burden. Cost of living index is 159.4 (100 = national average).
Are there any local taxes in Monterey Park?
Monterey Park does not impose a separate local or city income tax. Residents pay the state income tax of 9.3%, federal income tax, and FICA (Social Security and Medicare).