San Quentin, California Property Taxes
The median property tax rate in San Quentin, CA is 1.56%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in San Quentin at $502,243, the typical annual property tax bill reaches $7,337, exceeding the national median of $2,690. Property taxes in San Quentin are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding San Quentin's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of San Quentin or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
San Quentin, California Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$2,420
Ownwell’s San Quentin Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in San Quentin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in San Quentin to provide an estimate of your property tax bill. This valuable tool aids in understanding potential tax liabilities. For those interested in more detailed trends at a neighborhood level, additional localized information is available below. Your property’s assessed value is determined by the county for property tax purposes and includes any applicable exemptions.
Property Tax Rates Across San Quentin, California
Property taxes in San Quentin, California, are essential for funding critical local services, including public schools, road maintenance, and emergency services. The median tax rate in San Quentin is 1.56%, significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within San Quentin set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Quentin estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis for setting property tax rates. The data below compares San Quentin's effective property tax rate to other areas in Marin County and the national median. For comparison, the 94964 zip code in Marin County has the highest median property tax rate of 1.56%, while the same zip code also represents the lowest median tax rate of 1.56%. Understanding how these areas compare with San Quentin provides valuable insights into the varying tax landscape across Marin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average San Quentin Tax Rate
1.56%
Average Marin County Tax Rate
1.38%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Quentin, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94964 | 1.28% | 1.39% | 1.56% | 2.33% | 3.18% |
Source: Ownwell
Property Tax Assessment Values Across San Quentin, California
In San Quentin, California, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Marin County Assessor's Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In San Quentin, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the median home price stands at $502,243, with tax bills ranging significantly. The zip code with the highest median tax bill is 94964, amounting to $7,337. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in San Quentin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across San Quentin, California
Source: Ownwell
$37,528
$1,404,773
$2,772,017
Average San Quentin Assessed Value
$502,243
Average Marin County Assessed Value
$766,131
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across San Quentin, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94964 | $65,401 | $150,914 | $502,243 | $691,614 | $1,221,185 |
Source: Ownwell
Property Tax Bills Across San Quentin, California
In San Quentin, property tax bills are calculated based on the assessed value of a home, which is often determined by the market value at the time of purchase. The tax rate in Marin County, where San Quentin is located, is applied to this assessed value to determine the annual tax bill. Homeowners in San Quentin can expect a wide range of property tax bills. For instance, the 25th percentile tax bill is around $3,644, while the 75th percentile tax bill can reach up to $12,795. At the 90th percentile, the tax bill soars to approximately $15,866. These figures highlight the variability in property tax bills, influenced by the value of the property and the specific tax rate applied. Compared to the national median property tax rate of 0.99%, homeowners in San Quentin may find their tax bills significantly higher, reflecting the premium property values in the area. This can have a substantial impact on overall housing affordability and cost of living for residents.
Average San Quentin Tax Bill
$7,337
Average Marin County Tax Bill
$10,481
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across San Quentin, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94964 | $2,465 | $3,644 | $7,337 | $12,795 | $15,866 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Marin Tax Assessor | |
| Website | apps.marincounty.org |