Menlo Park, San Mateo County, California Property Taxes
Median Menlo Park, CA effective property tax rate: 1.27%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Menlo Park, CA home value: $1,148,326
Median annual Menlo Park, CA tax bill: $14,755, $12,355 higher than the national median property tax bill of $2,400.
How are property taxes in San Mateo County calculated?
Property taxes in Menlo Park, 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 Menlo Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Menlo Park, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Menlo Park, San Mateo County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.27%
Estimate Property Tax Bill
$14,584
$13,533
$1,102
Average Tax Savings
Property Tax Rates Across Menlo Park, San Mateo County, California
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 Menlo Park Tax Rate
1.27%
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 San Mateo County Tax Rate
1.26%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Menlo Park, San Mateo County, California
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94025 | 1.15% | 1.19% | 1.27% | 1.49% | 2.08% |
Source: Ownwell
$1,102
Average Menlo Park Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Menlo Park, San Mateo County, California
When examining property taxes in Menlo Park, 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 San Mateo 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 San Mateo 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 Menlo Park. For example, the median home price in Menlo Park is $1,148,326, with tax bills ranging significantly across the county. Zip code 94025 has the highest median home price at $1,148,357.
Property Tax Assessment Values Across Menlo Park, San Mateo County, California
Source: Ownwell

$377,686
$1,981,044
$3,584,402
Median Menlo Park Market Value
$1,148,326
Median San Mateo County Market Value
$685,382
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Menlo Park, San Mateo County, California
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94025 | $198,346 | $507,183 | $1,148,357 | $2,141,843 | $3,445,500 |
Source: Ownwell
$1,102
Average Menlo Park Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Menlo Park, San Mateo County, California
In Menlo Park, located in San Mateo County, CA, property tax bills are calculated based on the assessed value of the property, which is often lower than the market value. The local tax rate is applied to this assessed value to determine the annual tax bill. With a median home price of $1,148,326, Menlo Park homeowners face significant property tax bills. The median tax bill in the area is notably higher than the national median of $2,400, with figures reaching $14,758, reflecting the region's high property values.
Factors such as property location, improvements, and exemptions can influence the assessed value, impacting the overall tax bill. For homeowners, these taxes can represent a substantial financial burden. However, Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell helps homeowners potentially reduce their tax bills, ensuring they pay only their fair share. This service can result in significant savings, alleviating the financial pressure of high property taxes.
Property Tax Bills Across Menlo Park, San Mateo County, California
Source: Ownwell

$4,534
$22,825
$41,115
Median Menlo Park Tax Bill
$14,755
Median San Mateo County Tax Bill
$8,692
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Menlo Park, San Mateo County, California
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
94025 | $4,209 | $7,588 | $14,758 | $25,858 | $39,837 |
Source: Ownwell
$1,102
Average Menlo Park 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 | December 1 |
Tax Bill | |
Issued | October 1 |
Due Date #1 | December 10 |
Due Date #2 | April 10 |
Links | |
---|---|
San Mateo Tax Assessor | |
Website | county-taxes.net |
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