California Homestead Exemption Savings Calculator

Estimate how much the California homestead exemption could save you each year. The example numbers are placeholders; enter your own from your assessment notice or tax bill.

Across California, Census ACS 2020-2024 counts 7,567,568 owner-occupied homes (55.9% ownership). Use the calculator with figures from your assessment notice; the exemption math comes from the official source cited below.

The calculator models California’s Homeowners' Exemption. Official benefit summary: Reduces the taxable value of an owner-occupied home by $7,000. Filing path from the source: File form BOE-266 once with your county assessor, no later than February 15 for the full exemption.

Population and housing figures: U.S. Census Bureau, ACS 2020-2024 5-year (state FIPS 06). Exemption figures checked against the official page on 2026-11-04.

How the exemption works

• California's Constitution provides a $7,000 reduction in the taxable value of a qualifying owner-occupied home.
• The home must be your principal place of residence; you file once with your county assessor.

Assumptions

• Savings = $7,000 × your total tax rate (the percentage on your bill).

Source: California State Board of Equalization. Figures checked against the official page on 2026-11-04.

See also: California homestead exemption overview · general estimator

How much does the California homestead exemption save?

Multiply the exemption by your local tax rate. Savings = $7,000 × your total tax rate (the percentage on your bill).

Is this calculator official?

No. It is an estimate based on figures from the official state source cited on this page.