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Automatically apply the Kern County expense standards, and California income standards to your means test calculation.

As of Jan 1. 2021, The California's Homestead Amount Depends on the County You Live In

California Homestead Exemption New! California Homestead Exemption Calculator - 2021 Exemption Amounts By County

How much of your home equity is protected if you file for bankruptcy in California?

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Updated: 2021-01-03 by

Summary

$300,000 to $600,000 depending on county, and median sale price for a home in prior calendar year.

2021 California Homestead Caclulator (by County)

Amount Joint amount

$300,000 to 600,000, depending on county

$300,000 to 600,000, depending on county

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California residents saw a more generous homestead exemption, as of January 1, 2021, when the standard Homestead exemption increased from $75,000 to a range from $300,000 to  $600,000 depending on your county.

LegalConsumer.com has added a California Exemption Calculator to help you quickly find what the exemption amount is in your county.

The new law states that the homestead exemption amount is based on:

  • the median county-wide sale price for a home
  • in the previous calendar year
  • But not less than $300,000
  • and not more than $600,000.

The California Homestead calculator shows you the 2020 overall median sales price for every county in California county based on available numbers from the California Realtors Association. Those numbers may change slightly when the official numbers are finalized for the year 2020. As of this update, Mar 1, 2020, the numbers you see in the calculator are based on the 12 month average of monthly median numbers for January 2020 through December 2020. 



 

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Connect With a California Bankruptcy Attorney

Enter Your Zip Code or Call (855) 410-1378 to Connect with a Lawyer In Your Area

Automatically apply the Kern County expense standards, and California income standards to your means test calculation.

ADVERTISEMENT

Connect With a California Bankruptcy Attorney

Enter Your Zip Code or Call (855) 410-1378 to Connect with a Lawyer In Your Area

ADVERTISEMENT

Connect With a California Bankruptcy Attorney

Enter Your Zip Code or Call (855) 410-1378 to Connect with a Lawyer In Your Area

Bakersfield, CA: Law