Dayton, Washington Property Taxes
The median property tax rate in Dayton, Washington is 1.11%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Dayton at $139,700, the typical annual property tax bill reaches $1,452, exceeding the national median of $2,690. Property taxes in Dayton 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 Dayton'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 Dayton 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
Dayton, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$1,551
$1,515
Ownwell’s Dayton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dayton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dayton 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 Dayton, Washington
Property taxes in Dayton, Washington, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Dayton is 1.11%, higher than the U.S. national median of 0.99%. Local government entities within Dayton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dayton 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 Dayton's effective property tax rate to other areas in Columbia County and the national median. For comparison, the 99328 zip code has the highest median property tax rate of 1.11%, while the 99238 zip code has the lowest median tax rate of 1.04%. Understanding how these areas compare with Dayton provides valuable insights into the varying tax landscape across Columbia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dayton Tax Rate
1.11%
Average Columbia County Tax Rate
1.11%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dayton, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99238 | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% |
| 99328 | 1.04% | 1.11% | 1.11% | 1.14% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Dayton, Washington
In Dayton, 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 to 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 Columbia 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 Dayton, 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 Dayton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in Dayton is $1,456 in zip code 99328, while the lowest is $1,363 in zip code 99238.
Average Dayton Assessed Value
$139,700
Average Columbia County Assessed Value
$131,885
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dayton, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99238 | $130,600 | $130,600 | $130,600 | $130,600 | $130,600 |
| 99328 | $9,778 | $53,198 | $139,815 | $217,485 | $301,154 |
Source: Ownwell
Property Tax Bills Across Dayton, Washington
In Dayton, located in Columbia County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Dayton is $139,700, and the property tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the assessed value, including the home's market value, its condition, and comparable property sales in the area. Homeowners in Dayton can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $456, while the 75th percentile tax bill reaches $2,465. The 90th percentile tax bill can go up to $3,485. These variations reflect differences in property values and specific assessments. Compared to the national median property tax rate of 0.99%, homeowners in Dayton experience a diverse range of tax bills. The highest median tax bill in Columbia County is $1,456 in the 99328 zip code, while the lowest is $1,363 in the 99238 zip code. This variability underscores the importance of understanding local property tax assessments and their impact on homeowners' finances.
Average Dayton Tax Bill
$1,452
Average Columbia County Tax Bill
$1,310
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Dayton, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99238 | $1,363 | $1,363 | $1,363 | $1,363 | $1,363 |
| 99328 | $97 | $456 | $1,456 | $2,466 | $3,486 |
Source: Ownwell