San Marino, California Property Taxes
The median property tax rate in San Marino, CA is 1.30%, 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 Marino, the typical annual property tax bill reaches $2,436, slightly below the national median of $2,690. Property taxes in San Marino 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 Marino'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 Marino 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 Marino, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$2,381
$2,209
$1,148
Average Tax Savings
Ownwell’s San Marino Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in San Marino with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in San Marino to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in San Marino. 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 San Marino, California
Property taxes in San Marino, California, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in San Marino is 1.30%, higher than both the California state median of 0.74% and the U.S. national median of 0.99%. Local government entities within San Marino set these rates annually, and they can vary significantly across different neighborhoods. Each year, San Marino 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 San Marino's effective property tax rate to other counties in California and the national median. For comparison, the 92325 zip code has the highest median property tax rate of 1.46%, while the 92395 zip code has the lowest median tax rate of 1.25%. Understanding how these cities compare with San Marino provides valuable insights into the varying tax landscape across San Bernardino County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average San Marino Tax Rate
1.30%
Average San Bernardino County Tax Rate
1.20%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Marino, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92325 | 0.61% | 0.93% | 1.46% | 1.99% | 2.31% |
| 92335 | 1.24% | 1.25% | 1.28% | 1.31% | 1.33% |
| 92345 | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% |
| 92352 | 1.07% | 1.17% | 1.33% | 1.33% | 1.33% |
| 92391 | 1.28% | 1.28% | 1.28% | 1.28% | 1.28% |
| 92395 | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% |
Source: Ownwell
$1,148
Average San Marino Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across San Marino, California
In San Marino, 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 San Bernardino County Appraisal District 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 Marino, 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 zip code 92345 has the highest median tax bill at $4,541, while the zip code 92325 has the lowest median tax bill at $491. 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 Marino helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average San Marino Assessed Value
$183,120
Average San Bernardino County Assessed Value
$273,138
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across San Marino, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92325 | $31,569 | $39,908 | $53,805 | $67,702 | $76,041 |
| 92335 | $199,282 | $244,965 | $321,104 | $397,243 | $442,926 |
| 92345 | $344,381 | $344,381 | $344,381 | $344,381 | $344,381 |
| 92352 | $179,135 | $179,786 | $180,873 | $183,120 | $184,469 |
| 92391 | $260,395 | $260,395 | $260,395 | $260,395 | $260,395 |
| 92395 | $332,928 | $332,928 | $332,928 | $332,928 | $332,928 |
Source: Ownwell
$1,148
Average San Marino Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across San Marino, California
Property tax bills in San Marino, located in San Bernardino County, CA, are calculated based on the assessed value of a property. The assessed value is determined by the county assessor and typically reflects the market value of the home. The property tax rate in San Marino is applied to this assessed value to calculate the annual tax bill. For instance, with a median home price of $183,120, homeowners can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $1,916, while the 75th percentile tax bill reaches approximately $3,965. At the 90th percentile, tax bills can climb to $4,666. Homeowners in San Marino face higher property tax bills compared to the national median property tax rate of 0.99%. This financial burden can be alleviated with the help of Ownwell’s property tax consulting services. Ownwell assists homeowners in appealing their property assessments and securing exemptions, potentially saving them substantial amounts on their property tax bills. By leveraging expert knowledge and local data, Ownwell ensures homeowners pay a fair and accurate amount.
Average San Marino Tax Bill
$2,436
Average San Bernardino County Tax Bill
$3,260
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across San Marino, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92325 | $361 | $410 | $491 | $573 | $622 |
| 92335 | $2,616 | $3,146 | $4,030 | $4,913 | $5,444 |
| 92345 | $4,541 | $4,541 | $4,541 | $4,541 | $4,541 |
| 92352 | $1,921 | $2,101 | $2,401 | $2,436 | $2,456 |
| 92391 | $3,336 | $3,336 | $3,336 | $3,336 | $3,336 |
| 92395 | $4,174 | $4,174 | $4,174 | $4,174 | $4,174 |
Source: Ownwell
$1,148
Average San Marino Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| San Bernardino Tax Assessor | |
| Website | pat.bhamaps.com |
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