E, Washington Property Taxes
The median property tax rate in E, WA is 0.72%, notably lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in E at $540,575, the typical annual property tax bill reaches $3,878, significantly higher than the national median of $2,690. Property taxes in E are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding E'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 E 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
E, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.72%
Estimate Property Tax Bill
$3,892
$3,802
Ownwell’s E Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in E with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in E to provide an accurate property tax bill estimate. This insightful tool helps you understand potential tax liabilities and make informed decisions. For those interested in more granular details, you can scroll down to find neighborhood-level trends. Your property’s assessed value, determined by the county, is used for property tax calculations and accounts for any applicable exemptions.
Property Tax Rates Across E, Washington
Property taxes in {city_name:E}, Washington, are essential for funding critical local services, including public schools, road maintenance, and emergency services. The median tax rate in {city_name} is 0.72%, which is lower than the U.S. national median of 0.99%. Local government entities within {city_name} set these rates annually, and they can vary significantly across different neighborhoods. Each year, {city_name} 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 {city_name}'s effective property tax rate to other counties in Washington and the national median. For comparison, the {highest_median_tax_rate.zip_code} has the highest median property tax rate of 0.72%, while {lowest_median_tax_rate.zip_code} has the lowest median tax rate of 0.72%. Understanding how these cities compare with {city_name} provides valuable insights into the varying tax landscape across {county_name:53045}, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average E Tax Rate
0.72%
Average Mason County Tax Rate
0.86%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across E, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 106 | 0.72% | 0.72% | 0.72% | 0.72% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across E, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in E, Mason County, WA. 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 local 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. 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 E helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Mason County, the highest median tax bill is $3878 in zip code 106, while the lowest is also $3878 in the same zip code.
Average E Assessed Value
$540,575
Average Mason County Assessed Value
$304,420
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across E, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 106 | $540,575 | $540,575 | $540,575 | $540,575 | $540,575 |
Source: Ownwell
Property Tax Bills Across E, Washington
In E, located in Mason 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 tax rate to determine the annual tax bill. For instance, with a median home price of $540,575, homeowners in E can expect a median property tax bill of $3,878. This figure is consistent across various percentiles, indicating a uniform tax rate application. Several factors influence the assessed value, including the property's market value, improvements, and overall condition. The local tax rate is applied uniformly, ensuring that homeowners pay a proportionate amount based on their property's assessed value. Compared to the national median property tax rate of 0.99%, the property tax rate in E results in a relatively predictable tax bill for homeowners. This stability helps homeowners plan their finances more effectively, knowing that their property tax bills will be consistent and manageable.
Average E Tax Bill
$3,878
Average Mason County Tax Bill
$2,654
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across E, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 106 | $3,878 | $3,878 | $3,878 | $3,878 | $3,878 |
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 | |
|---|---|
| Mason Tax Assessor | |
| Website | property.masoncountywa.gov |