George, Washington Property Taxes
The median property tax rate in George, WA is 0.99%, aligning with the national median of 0.99% but higher than the Washington state median of 0.88%. With the median home value in George, the typical annual property tax bill reaches $236, which is significantly lower than the national median of $2,690. Property taxes in George are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding George'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 George 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
George, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$238
$232
Ownwell’s George Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in George with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in George 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 George, Washington
Property taxes in George, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in George is 0.99%, which aligns with the U.S. national median of 0.99%. Local government entities within George set these rates annually, and they can vary significantly across different neighborhoods. Each year, George 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 George's effective property tax rate to other areas in Grant County and the national median. For comparison, the 98824 zip code has the highest median property tax rate of 1.07%, while the 98848 zip code has the lowest median tax rate of 0.99%. Understanding how these areas compare with George provides valuable insights into the varying tax landscape across Grant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average George Tax Rate
0.99%
Average Grant County Tax Rate
1.20%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across George, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98824 | 0.95% | 0.97% | 1.07% | 1.17% | 1.20% |
| 98848 | 0.25% | 0.95% | 0.99% | 0.99% | 6.74% |
Source: Ownwell
Property Tax Assessment Values Across George, Washington
In George, 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 Grant 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 George, 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 George helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $867 in the 98824 zip code, while the lowest is $236 in the 98848 zip code.
Average George Assessed Value
$24,000
Average Grant County Assessed Value
$135,922
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across George, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98824 | $34,108 | $49,271 | $83,490 | $111,389 | $115,176 |
| 98848 | $24,000 | $24,000 | $24,000 | $24,000 | $33,471 |
Source: Ownwell
Property Tax Bills Across George, Washington
Property tax bills in George, located in Grant County, WA, are calculated based on the assessed value of a property and the local tax rate. The median home price in George is $24,000, and the local tax rate is applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value, leading to variations in tax bills. In George, the property tax bills can vary significantly. At the 25th percentile, homeowners pay around $236, while those at the 75th percentile see bills closer to $947. For properties in the 90th percentile, tax bills can reach up to $2,167. The highest median tax bill in the area is $867, found in the 98824 zip code, whereas the lowest is $236 in the 98848 zip code. These property taxes are crucial for funding local services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Homeowners should be aware of these factors and consider them when budgeting for property-related expenses.
Average George Tax Bill
$236
Average Grant County Tax Bill
$1,560
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across George, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98824 | $378 | $589 | $867 | $1,109 | $1,256 |
| 98848 | $39 | $236 | $236 | $442 | $2,161 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| Grant Tax Assessor | |
| Website | grantwa-taxsifter.publicaccessnow.com |