Brewster, Washington Property Taxes
The median property tax rate in Brewster, WA is 1.34%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Brewster at $148,950, the typical annual property tax bill reaches $1,931, exceeding the national median of $2,690. Property taxes in Brewster 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 Brewster'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 Brewster 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
Brewster, Washington Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,760
Ownwell’s Brewster Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brewster with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brewster 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 Brewster, Washington
Property taxes in Brewster, Washington, play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Brewster is 1.34%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Brewster set these rates annually, and they can vary across different neighborhoods. Each year, Brewster 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 Brewster's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 98812 within Brewster has the highest median property tax rate of 1.34%, while the same zip code also has the lowest median tax rate of 1.34%. Understanding how these figures compare with Brewster provides valuable insights into the varying tax landscape across Okanogan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brewster Tax Rate
1.34%
Average Okanogan County Tax Rate
1.08%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brewster, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98812 | 1.17% | 1.24% | 1.34% | 1.39% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Brewster, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Brewster, Washington. 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 Okanogan 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 Brewster, 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 Brewster 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 region are both $1931.00, with the zip code 98812 having this value.
Average Brewster Assessed Value
$148,950
Average Okanogan County Assessed Value
$128,000
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brewster, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98812 | $49,900 | $100,950 | $148,950 | $216,100 | $334,430 |
Source: Ownwell
Property Tax Bills Across Brewster, Washington
In Brewster, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Brewster is $148,950. Once the assessed value is established, local tax rates are applied to calculate the annual tax bill. Factors such as local levies, school district funding, and municipal services all influence the final tax rate. For homeowners in Brewster, property tax bills can vary significantly. The 25th percentile tax bill is $1,125, while the 75th percentile tax bill is $2,943, and the 90th percentile tax bill can be as high as $4,551. The highest median tax bill in Brewster is $1,931, which is higher than the national median property tax rate of 0.99%. These taxes contribute to essential services such as education, public safety, and infrastructure, directly impacting the quality of life for residents. Understanding these factors helps homeowners anticipate their financial responsibilities and the benefits they receive in return.
Average Brewster Tax Bill
$1,931
Average Okanogan County Tax Bill
$1,302
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Brewster, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98812 | $460 | $1,125 | $1,931 | $2,943 | $4,551 |
Source: Ownwell