Larkspur, Marin County, California Property Taxes

Name: Property Tax Bills Across Larkspur, Marin County, California
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Larkspur, CA effective property tax rate: 1.44%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Larkspur, CA home value: $956,786
Median annual Larkspur, CA tax bill: $13,346, $10,946 higher than the national median property tax bill of $2,400.

How are property taxes in Marin calculated?

Property taxes in Larkspur, 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 Larkspur’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Larkspur, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Larkspur, Marin County, California Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.44%

Estimate Property Tax Bill

$13,778

$12,785

Ownwell’s Larkspur Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Larkspur with just two data points.

By entering your property's estimated assessed value, our calculator applies Larkspur’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Marin County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Larkspur, Marin County, California

Local government entities set tax rates, which can vary widely within a state. Annually, 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. Below, you can compare Larkspur’s effective property tax rate to other cities in California and the median property tax rates in California and the U.S. Larkspur, located in Marin County, has a median tax rate of 1.44%, which is higher than the national median of 1.02%. This indicates that property owners in Larkspur may face higher property tax bills compared to other parts of the country. However, when considering the local amenities and services funded by these taxes, residents can weigh the benefits against the costs. Understanding these dynamics can help property owners make informed decisions about their real estate investments.

Property Tax Rates Across Larkspur, Marin County, California

Source: Ownwell

1.12%

1.36%

1.60%

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 Larkspur Tax Rate

1.44%

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 Larkspur, Marin County, California

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
94924	N/A	N/A	N/A	N/A	N/A
94939	1.22%	1.29%	1.44%	1.75%	2.29%

Source: Ownwell

Property Tax Assessment Values Across Larkspur, Marin County, California

When examining property taxes in Larkspur, 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 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 April. 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 Larkspur. For example, the median home price in Larkspur is $956,786, with tax bills ranging significantly across the county. 94939 has the highest median home price at $959,202.

Property Tax Assessment Values Across Larkspur, Marin County, California

Source: Ownwell

$403,706

$1,390,435

$2,377,164

Median Larkspur Market Value

$956,786

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 Larkspur, Marin County, California

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
94924	N/A	N/A	N/A	N/A	N/A
94939	$239,427	$376,153	$959,202	$1,808,259	$2,696,405

Source: Ownwell

Property Tax Bills Across Larkspur, Marin County, California

In Larkspur, Marin County, California, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the market value of the property. Homeowners in Larkspur face a median property tax bill of $13,394, significantly higher than the national median of $2,400. The tax rate and assessed value together influence the final tax bill, and factors such as location, property size, and improvements can impact the assessed value. High property tax bills can be a financial burden for homeowners, making it crucial to explore ways to reduce them. Ownwell offers property tax appeal services to help homeowners in Larkspur potentially lower their tax bills. By analyzing property data and comparable home sales, Ownwell identifies opportunities for reassessment and appeals, assisting homeowners in saving on their property taxes. With expertise in local tax laws and procedures, Ownwell provides valuable support in navigating the property tax landscape.

Property Tax Bills Across Larkspur, Marin County, California

Source: Ownwell

$4,940

$17,197

$29,453

Median Larkspur Tax Bill

$13,346

Median Marin County Tax Bill

$10,481

Median California Tax Bill

$4,683

Median United States Tax Bill

$2,400

Property Tax Bills Across Larkspur, Marin County, California

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
94924	N/A	N/A	N/A	N/A	N/A
94939	$5,005	$6,780	$13,394	$23,154	$32,611

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