Boistfort, Washington Property Taxes
The median property tax rate in Boistfort, WA is 0.73%, which is significantly lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $172,400, the typical annual property tax bill in Boistfort is $1,310, well below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Boistfort's property tax system and exploring available exemptions, homeowners and real estate investors can uncover opportunities for substantial annual savings. Whether residing in Boistfort or investing in its real estate market, a thorough grasp of the local property tax landscape is essential for maximizing financial benefits.
Last Updated June 14, 2024
Boistfort, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$1,259
$1,229
Ownwell’s Boistfort Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Boistfort with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Boistfort to estimate your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, further localized information is available below. Your property’s assessed value is determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Boistfort, Washington
Property taxes in Boistfort, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Boistfort is 0.73%, lower than the U.S. national median of 0.99%. Local government entities within Boistfort set these rates annually, and they can vary significantly across different neighborhoods. Each year, Boistfort 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 Boistfort's effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 98532 has the highest median property tax rate of 0.73%, while the same zip code also has the lowest median tax rate of 0.73%. Understanding how these cities compare with Boistfort provides valuable insights into the varying tax landscape across Lewis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Boistfort Tax Rate
0.73%
Average Lewis County Tax Rate
0.75%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Boistfort, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98532 | 0.68% | 0.69% | 0.73% | 0.73% | 0.74% |
Source: Ownwell
Property Tax Assessment Values Across Boistfort, Washington
In Boistfort, 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 Lewis 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 Boistfort, 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 Boistfort helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,310, located in the zip code 98532.
Average Boistfort Assessed Value
$172,400
Average Lewis County Assessed Value
$301,900
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Boistfort, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98532 | $64,640 | $93,200 | $177,300 | $261,850 | $423,580 |
Source: Ownwell
Property Tax Bills Across Boistfort, Washington
In Boistfort, located in Lewis County, WA, property tax bills are calculated based on the assessed value of a home. The local tax authorities assess properties to determine their market value, which serves as the basis for the tax calculation. The median home price in Boistfort is $172,400. Homeowners in this area can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $631, while at the 75th percentile, it rises to $1827. The tax bill for the 90th percentile reaches up to $3084. These figures indicate that property taxes in Boistfort can have a considerable range, impacting homeowners differently based on their property's assessed value. Compared to the national median property tax rate of 0.99%, Boistfort's property taxes can be seen as relatively moderate but still significant for higher-valued homes. This variability in tax bills underscores the importance of understanding local property assessments and tax rates for homeowners in Boistfort.
Average Boistfort Tax Bill
$1,310
Average Lewis County Tax Bill
$2,229
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Boistfort, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98532 | $460 | $631 | $1,310 | $1,827 | $3,084 |
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 | |
|---|---|
| Lewis Tax Assessor | |
| Website | parcels.lewiscountywa.gov |