Larkspur, Marin County, California Property Taxes
Property Taxes in Larkspur, California
Median Larkspur, California effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, and higher than the California state median of 1.21%.
Median Larkspur, California home value: $1,067,834
Median annual Larkspur, California tax bill: $14,782, $12,382 higher than the national median property tax bill of $2,400.
How are property taxes in Marin calculated?
Property taxes in Larkspur, California 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 April 13, 2026
Larkspur, Marin County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.34%
Estimate Property Tax Bill
$14,309
$13,278
How Does the Larkspur Property Tax Calculator Work?
Use this Larkspur property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Larkspur's median effective tax rate of 1.34% — based on actual property records in Marin County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Larkspur's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Larkspur: rates range from 1.34% in 94939 to 1.34% in 94939, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Larkspur.
About Larkspur Property Taxes
About Property Taxes in Larkspur, Marin, California
Larkspur's median effective property tax rate of 1.34% is higher than the California state median of 1.21% and higher than the national median of 1.02%. This rate reflects the Marin County levy and local assessments that shape what homeowners pay across the city.
Property tax rates are not uniform across Larkspur. Homeowners in the 94939 ZIP code carry a median effective rate of 1.34%, and the same ZIP also posts the city’s median tax bill of $14,811. That concentration shows how local boundaries and assessments can influence what you owe.
Larkspur homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the December 1, 2026 deadline each year.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Larkspur, Marin County, California
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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.
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
1.34%
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 Marin County Tax Rate
1.39%
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 |
|---|---|---|---|---|---|
| 94939 | 1.17% | 1.24% | 1.34% | 1.60% | 2.22% |
Source: Ownwell
Property Tax Assessment Values Across Larkspur, Marin County, California
When examining property taxes in Larkspur, California, 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. Marin County 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 assessed value is the figure used to calculate your property taxes, or the amount multiplied by your tax rate to get your tax bill.
Assessment notices are sent in the spring each year and typically reach your mailbox by the middle of the month. Each property owner receives a notice that contains both the market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Larkspur is $1,067,834, with tax bills ranging significantly across the county. Zip code 94939 has the highest median home price at $1,070,290.
Property Tax Assessment Values Across Larkspur, Marin County, California
Source: Ownwell
$430,892
$1,472,162
$2,513,431
Median Larkspur Market Value
$1,067,834
Median Marin County Market Value
$841,979
Median California Market Value
$427,605
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 |
|---|---|---|---|---|---|
| 94939 | $272,108 | $526,566 | $1,070,290 | $2,021,750 | $2,901,260 |
Source: Ownwell
Property Tax Bills Across Larkspur, Marin County, California
Property tax bills in Larkspur are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners, that means the tax bill depends on both the value of the home and the tax rate set by local taxing authorities.
With a median home price of $1,067,834, property taxes can be substantial. The median tax bill in the city is $14,811, which is far above the national median property tax bill of $2,400. Bills also vary widely across homeowners, with the 25th percentile at $7,482, the 75th percentile at $24,985, and the 90th percentile reaching $34,855.
These differences show how property taxes can affect household budgets in Larkspur. A higher assessed value generally leads to a higher tax bill, so homeowners with more valuable properties often pay more each year.
Median Larkspur Tax Bill
$14,782
Median Marin County Tax Bill
$11,574
Median California Tax Bill
$5,134
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 |
|---|---|---|---|---|---|
| 94939 | $5,476 | $7,482 | $14,811 | $24,996 | $34,860 |
Source: 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 | |
|---|---|
| Marin Tax Assessor | |
| Website | apps.marincounty.org |