North Bonneville, Washington Property Taxes
The median property tax rate in North Bonneville, WA is 0.90%, 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 $333,700, the typical annual property tax bill in North Bonneville reaches $2,965, surpassing the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding North Bonneville'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 North Bonneville or another part of Skamania County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
North Bonneville, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$3,003
$2,934
Ownwell’s North Bonneville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in North Bonneville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North Bonneville 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 North Bonneville, Washington
Property taxes in North Bonneville, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in North Bonneville is 0.90%, which is below the U.S. national median of 0.99%. Local government entities within North Bonneville set these rates annually, and they can vary significantly across different neighborhoods. Each year, North Bonneville 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 North Bonneville's effective property tax rate to other counties in Washington and the national median. For comparison, the 98639 zip code has both the highest and lowest median property tax rate of 0.90%. Understanding how these cities compare with North Bonneville provides valuable insights into the varying tax landscape across Skamania County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average North Bonneville Tax Rate
0.90%
Average Skamania County Tax Rate
0.87%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across North Bonneville, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98639 | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across North Bonneville, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in North Bonneville, 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 Skamania 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 North Bonneville, 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 North Bonneville 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 $2,965, found in zip code 98639.
Property Tax Assessment Values Across North Bonneville, Washington
Source: Ownwell
$177,500
$346,500
$515,500
Average North Bonneville Assessed Value
$333,700
Average Skamania County Assessed Value
$323,050
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across North Bonneville, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98639 | $174,160 | $275,100 | $333,700 | $371,875 | $436,060 |
Source: Ownwell
Property Tax Bills Across North Bonneville, Washington
In North Bonneville, Skamania County, WA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. The median home price in North Bonneville stands at $333,700, which serves as a baseline for tax assessments. Homeowners in North Bonneville can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $2,285, while at the 75th percentile, it rises to $3,321. The 90th percentile tax bill reaches $3,848. These variations are influenced by factors such as property size, location, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, North Bonneville's property tax rates can result in a higher or lower annual tax bill depending on individual property assessments. Understanding these factors is crucial for homeowners to anticipate their financial obligations and plan accordingly.
Average North Bonneville Tax Bill
$2,965
Average Skamania County Tax Bill
$2,812
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across North Bonneville, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98639 | $971 | $2,285 | $2,965 | $3,321 | $3,848 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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Appeal Deadline | July 1 |
Tax Bill | |
Issued | February 10 |
Due Date #1 | April 30 |
Due Date #2 | October 31 |
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