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Over $11 billion in unclaimed property is currently held by the California State Controller’s Office.
More than 70 million individual unclaimed properties are currently listed.
Approximately 1 million properties are added to the California unclaimed property database every year.
California pays out about $350 million per year in successfully claimed property.
The average claim value is between $300–$600, though some individual claims exceed $100,000.
Over $1 million returned in a single claim to one individual.
Only about 40–45% of unclaimed property has ever been successfully claimed in California.
Over 100,000 businesses, banks, and institutions report unclaimed property annually.
Most property types are considered unclaimed after 3 years of inactivity.
Banks, insurance companies, corporations, courts, and government agencies.
Roughly 20–25% of claims involve deceased owners or heirs.
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