Marin Leader

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

The median sales price of a Marin County home in the fourth quarter of 2023 was $1,366,600, based on data from the 422 properties sold during that time. In 2023, the median tax bill for the county was $11,231, 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 Fairfax and Tiburon paid the highest rates.

The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

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

City	Q4 2023 Sales	Q4 2023 Median Price	Median tax 2023	Effective tax rate
Fairfax	11	$1,125,000	$10,993	1%
Tiburon	9	$1,750,000	$17,136	1%
Belvedere	5	$3,500,000	$33,221	0.9%
San Anselmo	32	$1,417,500	$12,448	0.9%
Mill Valley	37	$1,980,000	$15,701	0.8%
Novato	107	$1,000,000	$8,109	0.8%
San Rafael	94	$1,250,000	$10,404	0.8%
Ross	3	$3,100,000	$26,223	0.8%
San Rafael (unincorporated)	24	$1,365,000	$10,300	0.8%
Larkspur	33	$1,650,000	$11,810	0.7%
Sausalito	20	$1,850,000	$13,145	0.7%
Corte Madera	11	$1,700,000	$12,253	0.7%
Kentfield	11	$3,400,000	$21,429	0.6%
Dillon Beach	3	$1,600,000	$9,554	0.6%
Sausalito (unincorporated)	2	$1,383,050	$8,920	0.6%
Lagunitas	2	$1,219,500	$6,786	0.6%
Greenbrae	3	$2,600,000	$15,508	0.6%
Bolinas	2	$1,600,000	$8,777	0.5%
San Anselmo (unincorporated)	4	$3,135,000	$15,117	0.5%
Stinson Beach (unincorporated)	3	$6,000,000	$15,088	0.3%