Lind, Washington Property Taxes
The median property tax rate in Lind, WA is 1.10%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Lind at $94,200, the typical annual property tax bill reaches $987, which is below the national median of $2,690. Property taxes in Lind 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 Lind'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 Lind or another part of Adams County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lind, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$1,036
$1,012
Ownwell’s Lind Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lind with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lind 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 Lind, Washington
Property taxes in Lind, Washington, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lind is 1.10%, higher than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Lind set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lind 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 Lind's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 99341 has the highest median property tax rate of 1.10%, while the same zip code also has the lowest median tax rate of 1.10%. Understanding how these cities compare with Lind provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lind Tax Rate
1.10%
Average Adams County Tax Rate
1.18%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lind, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99341 | 0.96% | 1.03% | 1.10% | 1.15% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Lind, Washington
In Lind, Washington, 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 Adams County Assessor 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 Lind, 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 Lind helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Lind is $94,200, with tax bills ranging from $578 at the 25th percentile to $1,477 at the 75th percentile. Notably, the highest and lowest median tax bill is $987 in the zip code 99341.
Average Lind Assessed Value
$94,200
Average Adams County Assessed Value
$142,200
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lind, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99341 | $31,160 | $61,600 | $94,200 | $134,300 | $180,300 |
Source: Ownwell
Property Tax Bills Across Lind, Washington
In Lind, located in Adams County, WA, property tax bills are calculated based on the assessed value of a property and the local tax rate. The median home price in Lind is $94,200, which serves as a baseline for determining property taxes. The assessed value is multiplied by the tax rate to determine the annual tax bill. For example, with a median property tax rate of 0.99%, homeowners in Lind can expect an average tax bill around $931. Several factors influence the final tax bill, including property size, location, and any applicable exemptions or deductions. In Lind, the 25th percentile tax bill is $578, while the 75th percentile reaches $1,477, and the 90th percentile can go up to $1,917. These variations reflect differences in property values and individual circumstances. Higher property taxes can impact homeowners by increasing the overall cost of homeownership, while lower taxes can make owning a home more affordable. Understanding these factors can help homeowners plan and budget more effectively.
Average Lind Tax Bill
$987
Average Adams County Tax Bill
$1,715
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Lind, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99341 | $174 | $578 | $987 | $1,477 | $1,917 |
Source: Ownwell