Nordland, Washington Property Taxes
The median property tax rate in Nordland, WA is 0.76%, considerably lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Nordland, the typical annual property tax bill reaches $4,040, exceeding the national median of $2,690. Property taxes in Nordland 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 Nordland'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 Nordland or another part of Jefferson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nordland, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$4,123
$4,027
Ownwell’s Nordland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Nordland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Nordland 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 Nordland, Washington
Property taxes in Nordland, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Nordland is 0.76%, lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Nordland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Nordland 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 Nordland's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 98358 has both the highest and lowest median property tax rate of 0.76%. Understanding how these cities compare with Nordland provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Nordland Tax Rate
0.76%
Average Jefferson County Tax Rate
0.82%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nordland, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98358 | 0.75% | 0.75% | 0.76% | 0.77% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Nordland, Washington
In Nordland, 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 Jefferson 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 Nordland, 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 Nordland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 98358 has both the highest and lowest median tax bill, standing at $4,040, highlighting the uniformity in tax assessments within this area.
Average Nordland Assessed Value
$542,454
Average Jefferson County Assessed Value
$406,419
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Nordland, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98358 | $230,849 | $355,950 | $542,454 | $799,660 | $1,074,839 |
Source: Ownwell
Property Tax Bills Across Nordland, Washington
In Nordland, Jefferson County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors such as the home's location, market conditions, and any improvements made to the property can influence its assessed value. For homeowners in Nordland, the median home price is $542,454. Depending on the assessed value, tax bills can vary significantly. For instance, the 25th percentile tax bill is $2,541, while the 75th percentile tax bill reaches $5,974, and the 90th percentile tax bill can go up to $8,089. The highest and lowest median tax bill in the area is $4,040, both occurring in the 98358 zip code. Compared to the national median property tax rate of 0.99%, Nordland's property tax bills can be quite varied, impacting homeowners differently depending on their property's assessed value.
Average Nordland Tax Bill
$4,040
Average Jefferson County Tax Bill
$3,190
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Nordland, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98358 | $1,473 | $2,541 | $4,040 | $5,974 | $8,089 |
Source: Ownwell