Orient, Washington Property Taxes
The median property tax rate in Orient, WA is 0.75%, which is lower than both the national median of 0.99% and Washington's state median of 0.88%. With a median home value of $75,100 in Orient, the typical annual property tax bill amounts to $530, significantly below the national median of $2,690. Property taxes in Orient are determined based on the tax assessed value, which is often lower than the market value due to exemptions such as primary residence and agricultural exemptions. By understanding Orient's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners can achieve substantial annual savings. Whether you're residing in Orient or another part of Ferry County, gaining a clear understanding of the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Orient, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$563
$550
Ownwell’s Orient Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orient with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orient 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 Orient, Washington
Property taxes in Orient, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orient is 0.75%, which is lower than the U.S. national median of 0.99%. Local government entities within Orient set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orient 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 Orient's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 99160 has both the highest and lowest median property tax rate of 0.75%. Understanding how these areas compare with Orient provides valuable insights into the varying tax landscape across Ferry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Orient Tax Rate
0.75%
Average Ferry County Tax Rate
0.93%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orient, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99160 | 0.72% | 0.73% | 0.75% | 0.76% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Orient, Washington
In Orient, 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 Ferry County Appraisal District 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 Orient, 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 Orient helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Orient are both $530, found in the 99160 zip code.
Average Orient Assessed Value
$75,100
Average Ferry County Assessed Value
$101,200
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Orient, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99160 | $9,200 | $42,650 | $75,100 | $115,300 | $150,420 |
Source: Ownwell
Property Tax Bills Across Orient, Washington
In Orient, located in Ferry County, WA, property tax bills are calculated based on the assessed value of the home and the local tax rate. The median home price in Orient is $75,100, which serves as a baseline for determining tax obligations. The assessed value is multiplied by the local tax rate to calculate the annual tax bill. For instance, homeowners at the 25th percentile pay around $321 annually, while those at the 75th percentile face a tax bill of about $771. At the 90th percentile, the tax bill can reach up to $1,062. Several factors influence these tax bills, including property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Orient's tax rates are relatively modest, making it an appealing location for homeowners seeking lower property taxes. These tax bills significantly impact homeowners by affecting their annual financial planning and the overall cost of homeownership in the region.
Average Orient Tax Bill
$530
Average Ferry County Tax Bill
$850
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Orient, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99160 | $65 | $321 | $530 | $771 | $1,062 |
Source: Ownwell