What happens to property tax when you buy in Marin County, California?
Why your bill can jump at purchase
California uses an acquisition-value basis (California Proposition 13 (BOE)): your assessed value is set at purchase and grows under an annual cap of 2%.
Current owners here pay a typical bill of about $10,001/yr (on the $1,507,300 county-median home).
Estimated bill by your purchase price
| Purchase price | Estimated annual tax | vs typical bill |
|---|---|---|
| $1,507,300 | $10,001/yr | +$0/yr |
| $1,884,125 | $12,501/yr | +$2,500/yr |
| $2,260,950 | $15,001/yr | +$5,000/yr |
Effective rate: 0.6635% · Tier 1 · Confidence: Medium. Reassessment toward the sale price modeled from the jurisdiction's assessment basis.
Source, method & confidence
Data as of 2024-12-31 (data version 2024.1).
Sources: U.S. Census Bureau, American Community Survey (ACS) 5-year, table B25103; U.S. Census Bureau, American Community Survey (ACS) 5-year, table B25077; California State Board of Equalization, Proposition 13.
How we model reassessment (methodology) · Marin County property tax overview