The value of land in San Diego County continues to tick up, despite economic and real estate pressures.
San Diego County’s assessed value of all taxable property — including residential, commercial and industrial land — is now $806 billion, the Assessor’s Office recently said. That is an increase of 4.95% from Jan. 1, 2024, to Jan. 1, 2025. It was down from a 5.58% jump last year, and 7.1% two years ago.
The value of San Diego County land has climbed almost every year for 30 years, except for three decreases during the Great Recession in the late 2000s. Taxes are used to pay for schools, libraries, parks, public safety and other government services.
Residential properties make up the vast majority of taxable land in the county with 1,020,253 parcels. They are followed by 55,478 busi