The median sales price of a Marin County home in the second quarter of 2024 was $1,500,000, based on data from the 566 properties sold during that time. In 2024, the median tax bill for the county was $11,625, 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 Belvedere, Fairfax, and Greenbrae paid the highest rates.
The above article calculates the effective property tax rate for 2024 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 Belvedere with some other cities belonging to Marin County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2024.
| City | Q2 2024 Sales | Q2 2024 Median Price | Median tax 2024 | Effective tax rate |
|---|---|---|---|---|
| Belvedere | 7 | $3,423,000 | $34,366 | 1% |
| Fairfax | 22 | $1,190,000 | $11,378 | 1% |
| Greenbrae | 5 | $1,650,000 | $16,043 | 1% |
| Bolinas | 3 | $1,003,500 | $9,080 | 0.9% |
| Sausalito (unincorporated) | 3 | $1,050,000 | $9,227 | 0.9% |
| Lagunitas | 2 | $785,000 | $7,020 | 0.9% |
| Novato | 152 | $1,108,000 | $8,389 | 0.8% |
| San Rafael | 103 | $1,351,000 | $10,769 | 0.8% |
| Sausalito | 20 | $1,750,000 | $13,598 | 0.8% |
| San Anselmo | 37 | $1,575,000 | $12,884 | 0.8% |
| San Anselmo (unincorporated) | 5 | $1,995,000 | $15,638 | 0.8% |
| Mill Valley | 46 | $2,205,050 | $16,252 | 0.7% |
| Corte Madera | 18 | $1,775,000 | $12,683 | 0.7% |
| San Rafael (unincorporated) | 27 | $1,487,000 | $10,655 | 0.7% |
| San Geronimo | 5 | $1,255,000 | $8,675 | 0.7% |
| Kentfield | 26 | $3,100,000 | $22,168 | 0.7% |
| Stinson Beach (unincorporated) | 3 | $2,300,000 | $15,609 | 0.7% |
| Larkspur | 41 | $2,150,000 | $12,225 | 0.6% |
| Ross | 11 | $4,375,000 | $27,128 | 0.6% |
| Tiburon | 21 | $2,995,000 | $17,737 | 0.6% |
| Tiburon (unincorporated) | 3 | $2,800,000 | $17,488 | 0.6% |
| Forest Knolls | 2 | $1,385,000 | $7,192 | 0.5% |
| Inverness | 3 | $1,725,000 | $7,317 | 0.4% |
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