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In California, Dreamers Contribute $111 Million in Property Taxes

The American Dream: taxes. 

 

Immigrants! They get the job done. And, having gotten the job done, they buy houses—and pay hundreds of millions of dollars in property taxes.

That’s according to a new study by Zillow, an online real estate database company, which found that an estimated 123,000 Dreamers—undocumented immigrants brought to the country as children—own houses across the country. There are an estimated 800,000 Dreamers in the United States as a whole, many of whom are now entering their 20s and entering the real estate market for the first time.

We're far and away the state with the largest number of Dreamer homeowners: Texas, at number two, has about 20,000, and the numbers drop sharply from there.

In California, an estimated 31,000 Dreamers now own their own homes, and are paying property taxes, estimated at $111 million per year. That’s enough to fund the salaries of 1,500 elementary school teachers. Or, for comparison, the state of California recently pledged to spend $30 million to help Dreamers with legal services and financial aid. 

And, although Zillow doesn’t mention it, because the California Dreamers would have bought their houses recently, under Proposition 13, they are paying taxes on property valuations more closely reflective of the actual market value of their homes, unlike longer-term residents of California, whose property tax bills are based on the value of the home at the time of purchase.

Across the country, Dreamers kick in about $380 million in total property taxes. Wonder how much Donald Trump pays?

 

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