Buckley, Washington Property Taxes
The median property tax rate in Buckley, WA is 0.96%, slightly lower than the national median of 0.99% but higher than the Washington state median of 0.88%. With a median home value of $505,350, the typical annual property tax bill in Buckley reaches $4,791, significantly surpassing the national median of $2,690. Property taxes in Buckley are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Buckley'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 Buckley 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
Buckley, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$4,851
$4,739
$1,148
Average Buckley, Washington Tax Savings
Ownwell’s Buckley Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Buckley with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Buckley 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 Buckley. 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 Pierce County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Buckley, Washington
Property taxes in Buckley, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Buckley is 0.96%, slightly below the Washington state median and the U.S. national median of 0.99%. Local government entities within Buckley set these rates annually, and they can vary significantly across different neighborhoods. Each year, Buckley 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 Buckley's effective property tax rate to other areas in Washington and the national median. For comparison, the 98388 zip code has the highest median property tax rate of 1.01%, while the 98321 zip code has the lowest median tax rate of 0.96%. Understanding how these cities compare with Buckley provides valuable insights into the varying tax landscape across Pierce County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Buckley Tax Rate
0.96%
Average Pierce County Tax Rate
1.02%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Buckley, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98321 | 0.71% | 0.91% | 0.96% | 1.02% | 1.06% |
| 98388 | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% |
Source: Ownwell
$1,148
Average Buckley Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Buckley, Washington
In Buckley, 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 Pierce County Assessor-Treasurer 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 Buckley, 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. For example, the highest median tax bill in Buckley is $4,791 in zip code 98321, while the lowest is $4,154 in zip code 98388. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Buckley Assessed Value
$505,350
Average Pierce County Assessed Value
$465,900
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Buckley, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98321 | $251,120 | $384,025 | $505,450 | $633,500 | $807,180 |
| 98388 | $413,100 | $413,100 | $413,100 | $413,100 | $413,100 |
Source: Ownwell
$1,148
Average Buckley Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Buckley, Washington
In Buckley, Pierce County, WA, property tax bills are determined by multiplying the assessed value of the home by the local tax rate. With a median home price of $505,350, homeowners can expect varying tax bills depending on their property's specific assessment. For instance, the 25th percentile tax bill is around $3,465, while the 75th percentile reaches $6,056, and the 90th percentile can go up to $7,695. The highest median tax bill in the area is $4,791 in the 98321 zip code, whereas the lowest is $4,154 in the 98388 zip code. These figures are influenced by factors such as property location, home improvements, and local government budgets. Ownwell helps homeowners in Buckley reduce their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property's assessed value and ensuring it aligns with market conditions, Ownwell can identify potential over-assessments and work to correct them, potentially saving you thousands of dollars annually.
Average Buckley Tax Bill
$4,791
Average Pierce County Tax Bill
$4,693
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Buckley, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98321 | $1,312 | $3,466 | $4,791 | $6,057 | $7,695 |
| 98388 | $4,154 | $4,154 | $4,154 | $4,154 | $4,154 |
Source: Ownwell
$1,148
Average Buckley Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 26 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| Pierce Tax Assessor | |
| Phone | (253) 798-6111 |
| Website | atip.piercecountywa.gov |
| pcatr@piercecountywa.gov | |
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