Stinson Beach, California Property Taxes
The median property tax rate in Stinson Beach, CA is 1.12%, which is higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Stinson Beach at $1,630,364, the typical annual property tax bill reaches $17,016, significantly exceeding the national median of $2,690. Property taxes in Stinson Beach 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 Stinson Beach'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 Stinson Beach 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
Stinson Beach, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$18,260
$17,247
Ownwell’s Stinson Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stinson Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stinson Beach to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Stinson Beach, California
Property taxes in Stinson Beach, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stinson Beach is 1.12%, which is significantly higher than both the California state median and the U.S. national median of 0.99%. Local government entities within Stinson Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stinson Beach 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 of setting property tax rates. The data below compares Stinson Beach's effective property tax rate to other areas in California and the national median. For comparison, the zip code 94970 has the highest median property tax rate of 1.12%, while the same zip code also has the lowest median tax rate of 1.12%. Understanding how these areas compare with Stinson Beach 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 Stinson Beach Tax Rate
1.12%
Average Marin County Tax Rate
1.38%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stinson Beach, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94970 | 1.06% | 1.08% | 1.12% | 1.20% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Stinson Beach, California
In Stinson Beach, 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 Stinson Beach, 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. 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 Stinson Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 94970 has a median tax bill of $17,016, reflecting the local property values and tax rates.
Property Tax Assessment Values Across Stinson Beach, California
Source: Ownwell
$37,528
$1,404,773
$2,772,017
Average Stinson Beach Assessed Value
$1,630,364
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 Stinson Beach, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94970 | $232,228 | $700,492 | $1,630,364 | $3,246,215 | $5,060,494 |
Source: Ownwell
Property Tax Bills Across Stinson Beach, California
In Stinson Beach, located in Marin County, CA, property tax bills are calculated based on the assessed value of the property, which is typically determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Stinson Beach stands at $1,630,364. Homeowners in this area can expect property tax bills to vary significantly, with the 25th percentile of tax bills at $7,517 and the 75th percentile at $32,733. At the higher end, the 90th percentile tax bill reaches $52,223. The median property tax bill in the 94970 zip code is $17,016, which is considerably higher than the national median property tax rate of 0.99%. These property taxes fund essential local services such as schools, infrastructure, and emergency services, making them a critical component of community well-being. However, the relatively high property tax bills can significantly impact homeowners, particularly those on fixed incomes or with limited financial flexibility.
Average Stinson Beach Tax Bill
$17,016
Average Marin County Tax Bill
$10,481
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Stinson Beach, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94970 | $3,098 | $7,517 | $17,016 | $32,733 | $52,223 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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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 | |
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Marin Tax Assessor | |
Website | apps.marincounty.org |