Snowden, Washington Property Taxes
The median property tax rate in Snowden, WA is 1.06%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Snowden, the typical annual property tax bill reaches $1,222, exceeding the national median of $2,690. Property taxes in Snowden 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 Snowden'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 Snowden 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
Snowden, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$1,251
$1,222
Ownwell’s Snowden Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Snowden. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Snowden to provide an accurate estimate of your property tax bill. This user-friendly tool offers valuable insight into your potential tax liabilities, helping you make informed financial decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by Klickitat County for tax purposes and includes any applicable exemptions.
Property Tax Rates Across Snowden, Washington
Property taxes in Snowden, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Snowden is 1.25%, higher than both the Washington state median of 0.98% and the U.S. national median of 0.99%. Local government entities within Snowden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Snowden 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 Snowden's effective property tax rate to other counties in Washington and the national median. For comparison, 98620 has the highest median property tax rate of 1.34%, while 98672 has the lowest median tax rate of 1.03%. Understanding how these cities compare with Snowden provides valuable insights into the varying tax landscape across Klickitat County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Snowden Tax Rate
1.06%
Average Klickitat County Tax Rate
1.07%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Snowden, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Snowden, Washington
In Snowden, 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 Klickitat 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 Snowden, 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. For instance, the tax bill for the 25th percentile is $1,102, while the 75th percentile sees a tax bill of $1,342. 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 Snowden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Snowden Assessed Value
$118,000
Average Klickitat County Assessed Value
$126,140
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Snowden, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Snowden, Washington
In Snowden, located in Klickitat County, WA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local assessors who evaluate the property's market value. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. The median home price in Snowden is $118,000, which serves as a basis for these calculations. Several factors influence the tax bill, including property size, location, and any improvements made. For example, a home falling in the 25th percentile of tax bills pays around $1,102 annually, while those in the 75th percentile pay about $1,342. Homes in the 90th percentile face tax bills nearing $1,414. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting homeowners. Compared to the national median property tax rate of 0.99%, Snowden's rates reflect the local economic conditions and public service needs, making it crucial for homeowners to stay informed about their property assessments and potential exemptions.
Average Snowden Tax Bill
$1,222
Average Klickitat County Tax Bill
$1,272
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Snowden, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell