Lagunitas, Marin County, California Property Taxes
Median Lagunitas, CA effective property tax rate: 1.30%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Lagunitas, CA home value: $524,446
Median annual Lagunitas, CA tax bill: $6,860, $4,460 higher than the national median property tax bill of $2,400.
How are property taxes in Marin calculated?
Property taxes in Lagunitas, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Lagunitas’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lagunitas, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lagunitas, Marin County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.3%
Estimate Property Tax Bill
$6,818
$6,327
Property Tax Rates Across Lagunitas, Marin County, California
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Lagunitas, located in Marin County, the effective property tax rate is notably higher than the national median of 1.02%. This places a greater burden on homeowners when compared to the average American household. The median property tax rate in California is also higher than the national average, reflecting the state's diverse economic landscape.
Lagunitas stands out with its consistent tax rate, which is among the highest in the state. This consistency can be attributed to the county's budgeting strategies and the high value of properties in the area. As a homeowner in Lagunitas, understanding these dynamics is crucial for financial planning and property investment decisions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Lagunitas Tax Rate
1.30%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Marin County Tax Rate
1.38%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lagunitas, Marin County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94938 | 1.14% | 1.21% | 1.30% | 1.47% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Lagunitas, Marin County, California
When examining property taxes in Lagunitas, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Marin County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Marin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Lagunitas. For example, the median home price in Lagunitas is $524,446, with tax bills ranging significantly across the county. Zip code 94938 has the highest median home price at $524,446.
Property Tax Assessment Values Across Lagunitas, Marin County, California
Source: Ownwell
$403,706
$1,390,435
$2,377,164
Median Lagunitas Market Value
$524,446
Median Marin County Market Value
$766,131
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lagunitas, Marin County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94938 | $194,888 | $289,623 | $524,446 | $891,042 | $1,236,701 |
Source: Ownwell
Property Tax Bills Across Lagunitas, Marin County, California
Median Lagunitas Tax Bill
$6,860
Median Marin County Tax Bill
$10,481
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Lagunitas, Marin County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 94938 | $2,969 | $4,306 | $6,860 | $10,070 | $13,879 |
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 |