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Marin Leader

Thursday, April 10, 2025

Analysis: Marin County effective property tax rate were lighter than the national average in Q1 2023

Webp realestate5

Property owners in Marin County paid 0.8% of the value of their homes in property taxes in the first quarter of 2023, which is less than 0.7 times the national average, according to the real estate analysis posted by the Marin Leader.

The median sales price of a Marin County home in the first quarter of 2023 was $1,261,300, based on data from the 303 properties sold during that time. In 2021 the median tax bill for the county was $9,852, which is 0.8% of the median value of the homes that were taxed.

This is 0.7 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Marin County real estate data showed homeowners in San Geronimo and Fairfax paid the highest rates.

The following table compares San Geronimo with some other cities belonging to Marin County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2023.

CityQ1 2023 SalesQ1 2023 Median PriceMedian tax 2023Effective tax rate
San Geronimo 1$425,000$8,3862%
Fairfax12$994,500$10,9931.1%
San Rafael62$1,090,000$10,4041%
Ross4$2,650,000$26,2231%
San Anselmo12$1,308,500$12,4481%
Tiburon7$1,735,000$17,1361%
Sausalito (unincorporated)3$900,000$8,9201%
Larkspur25$1,281,000$11,8100.9%
Mill Valley18$1,742,500$15,7010.9%
Lagunitas 1$718,000$6,7860.9%
Belvedere10$4,312,500$33,2210.8%
Novato104$1,011,500$8,1090.8%
Corte Madera8$1,495,500$12,2530.8%
Kentfield 10$2,756,500$21,4290.8%
Sausalito11$2,110,000$13,1450.6%
San Rafael (unincorporated)5$1,600,000$10,3000.6%
Woodacre (unincorporated)2$1,075,000$6,4870.6%
San Anselmo (unincorporated)1$2,400,000$15,1170.6%
Tiburon (unincorporated)2$3,387,500$16,8950.5%
Bolinas 2$1,662,500$8,7770.5%
Dillon Beach1$1,800,000$9,5540.5%
Inverness2$1,330,000$7,0730.5%

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