Kingston, Washington Property Taxes
The median property tax rate in Kingston, WA is 0.89%, slightly lower than the national median of 0.99% but just above the Washington state median of 0.88%. With the median home value in Kingston at $537,270, the typical annual property tax bill amounts to $4,617, significantly higher than the national median of $2,690. Property taxes in Kingston are calculated based on the tax assessed value, which often falls below market value due to various exemptions like primary residence and agricultural exemptions. Understanding Kingston'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 Kingston 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
Kingston, Washington Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,760
$612
$1,148
Average Kingston, Washington Tax Savings
Ownwell’s Kingston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kingston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kingston to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Kingston. 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 Kingston, Washington
Property taxes in Kingston, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kingston is 0.89%, which is lower than the U.S. national median of 0.99%. Local government entities within Kingston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kingston 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 Kingston's effective property tax rate to other areas in Kitsap County and the national median. For comparison, the zip code 98346 has both the highest and lowest median property tax rate of 0.89%. Understanding how these cities compare with Kingston provides valuable insights into the varying tax landscape across Kitsap County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kingston Tax Rate
0.89%
Average Kitsap County Tax Rate
0.86%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kingston, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98346 | 0.79% | 0.85% | 0.89% | 0.90% | 0.92% |
Source: Ownwell
$1,148
Average Kingston Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Kingston, Washington
In Kingston, 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 Kitsap 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 Kingston, 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 Kingston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Kingston has a median home price of $537,270, with the highest median tax bill of $4,617 found in zip code 98346.
Average Kingston Assessed Value
$537,270
Average Kitsap County Assessed Value
$467,930
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kingston, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98346 | $279,260 | $393,288 | $537,270 | $738,702 | $981,381 |
Source: Ownwell
$1,148
Average Kingston Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Kingston, Washington
In Kingston, Kitsap County, WA, property tax bills are calculated based on the assessed value of your home and the local tax rate. With a median home price of $537,270, homeowners in Kingston can expect their property tax bill to vary significantly. The 25th percentile tax bill is around $3,259, while the 75th percentile reaches up to $6,436, and the 90th percentile can be as high as $8,516. These figures highlight the financial impact property taxes can have on homeowners, especially when compared to the national median property tax rate of 0.99%. Factors such as market value, improvements to the property, and local tax levies all play a role in determining the final tax bill. For homeowners feeling the pinch, Ownwell offers valuable services to help reduce property tax bills. By appealing assessed values and securing exemptions, Ownwell can potentially save homeowners hundreds to thousands of dollars annually, ensuring their property tax bills are more manageable.
Average Kingston Tax Bill
$4,617
Average Kitsap County Tax Bill
$3,994
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Kingston, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98346 | $1,837 | $3,259 | $4,617 | $6,436 | $8,516 |
Source: Ownwell
$1,148
Average Kingston Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Appeal Deadline | August 23 |
Tax Bill | |
Issued | February 10 |
Due Date #1 | April 30 |
Due Date #2 | October 31 |
Links | |
---|---|
Kitsap Tax Assessor | |
Website | psearch.kitsapgov.com |
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