Wilkeson, Washington Property Taxes
The median property tax rate in Wilkeson, WA is 0.89%, slightly lower than the national median of 0.99% but just above the Washington state median of 0.88%. With a median home value in Wilkeson of $372,500, the typical annual property tax bill amounts to $3,264, surpassing the national median of $2,690. Property taxes in Wilkeson are calculated based on the assessed value, which is often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Wilkeson'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 Wilkeson 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
Wilkeson, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$3,315
$3,239
$1,148
Average Wilkeson, Washington Tax Savings
Ownwell’s Wilkeson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wilkeson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wilkeson 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 Wilkeson. 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 Wilkeson, Washington
Property taxes in Wilkeson, Washington, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Wilkeson is 0.89%, which is lower than the U.S. national median of 0.99%. Local government entities within Wilkeson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wilkeson 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 Wilkeson's effective property tax rate to other areas in Pierce County and the national median. For comparison, the 98323 zip code has the highest median property tax rate of 0.92%, while the 98396 zip code has the lowest median tax rate of 0.89%. Understanding how these areas compare with Wilkeson 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 Wilkeson Tax Rate
0.89%
Average Pierce County Tax Rate
1.02%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilkeson, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98323 | 0.92% | 0.92% | 0.92% | 0.92% | 0.92% |
| 98396 | 0.83% | 0.87% | 0.89% | 0.91% | 0.96% |
Source: Ownwell
$1,148
Average Wilkeson Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Wilkeson, Washington
In Wilkeson, 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 Wilkeson, 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 instance, the highest median tax bill in Pierce County is $3,266 in the 98396 zip code, while the lowest is $599 in the 98323 zip code. Being aware of these valuation processes in Wilkeson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Wilkeson, Washington
Source: Ownwell
$21,400
$1,254,100
$2,486,800
Average Wilkeson Assessed Value
$372,500
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 Wilkeson, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98323 | $59,740 | $61,750 | $65,100 | $68,450 | $70,460 |
| 98396 | $196,880 | $299,850 | $372,900 | $449,400 | $631,940 |
Source: Ownwell
$1,148
Average Wilkeson Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Wilkeson, Washington
Property tax bills in Wilkeson, Pierce County, WA, are calculated based on the assessed value of a property, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as property size, location, and market conditions play a significant role in determining the assessed value. For homeowners in Wilkeson, the tax burden can vary widely. The 25th percentile tax bill is around $2,574, while the 75th percentile tax bill reaches up to $4,039. Some homeowners even face tax bills as high as $6,042. These figures highlight the substantial financial impact property taxes can have on homeowners. Ownwell offers a solution to help homeowners reduce their property tax bills. By leveraging expert knowledge and experience in property tax appeals and exemptions, Ownwell can identify potential savings and guide homeowners through the appeal process. This can lead to significant reductions in property tax obligations, providing financial relief and peace of mind.
Average Wilkeson Tax Bill
$3,264
Average Pierce County Tax Bill
$4,693
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilkeson, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98323 | $550 | $569 | $599 | $630 | $648 |
| 98396 | $1,406 | $2,594 | $3,266 | $4,052 | $6,114 |
Source: Ownwell
$1,148
Average Wilkeson 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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