Quilcene, Washington Property Taxes
The median property tax rate in Quilcene, WA is 0.80%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Quilcene at $278,292, the typical annual property tax bill is $2,173, falling below the national median of $2,690. Property taxes in Quilcene are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Quilcene'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 Quilcene 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
Quilcene, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$2,226
$2,175
Ownwell’s Quilcene Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Quilcene with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Quilcene 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 Quilcene, Washington
Property taxes in Quilcene, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Quilcene is 0.80%, lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Quilcene set these rates annually, and they can vary significantly across different neighborhoods. Each year, Quilcene 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 Quilcene's effective property tax rate to other counties in Washington and the national median. For comparison, the 98376 zip code has the same median property tax rate of 0.80%. Understanding how these cities compare with Quilcene 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 Quilcene Tax Rate
0.80%
Average Jefferson County Tax Rate
0.82%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Quilcene, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98376 | 0.78% | 0.79% | 0.80% | 0.82% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Quilcene, Washington
In Quilcene, 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 Quilcene, 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 Quilcene helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Quilcene is $278,292, with the highest median tax bill of $2,173 found in the 98376 zip code.
Average Quilcene Assessed Value
$278,292
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 Quilcene, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98376 | $87,075 | $161,055 | $278,292 | $449,205 | $648,415 |
Source: Ownwell
Property Tax Bills Across Quilcene, Washington
In Quilcene, located in Jefferson County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessment reflects the market value of the property. The tax rate is then applied to this assessed value to determine the annual tax bill. Factors that influence the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. For homeowners in Quilcene, the tax bills vary significantly. The 25th percentile tax bill is $1,151, while the 75th percentile reaches $3,535, and the 90th percentile can go up to $5,087. The median home price in Quilcene is $278,292, and the median property tax bill is $2,173, which is higher than the national median property tax rate of 0.99%. These property taxes can impact homeowners by influencing their monthly mortgage payments and overall housing affordability, making it essential for residents to understand how their tax bills are determined.
Average Quilcene Tax Bill
$2,173
Average Jefferson County Tax Bill
$3,190
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Quilcene, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98376 | $544 | $1,151 | $2,173 | $3,535 | $5,087 |
Source: Ownwell