Startup, Washington Property Taxes
The median property tax rate in STARTUP, WA is 0.80%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in STARTUP being $356,950, the typical annual property tax bill reaches $2,817, slightly above the national median of $2,690. Property taxes in STARTUP are calculated based on the assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding STARTUP'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 STARTUP 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
Startup, Washington Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,760
$612
$1,148
Average Startup, Washington Tax Savings
Ownwell’s STARTUP Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in STARTUP with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in STARTUP 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 STARTUP. 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 Startup, Washington
Property taxes in STARTUP, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in STARTUP is 0.80%, lower than both the Washington state median of 0.93% and the U.S. national median of 0.99%. Local government entities within STARTUP set these rates annually, and they can vary significantly across different neighborhoods. Each year, STARTUP 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 STARTUP's effective property tax rate to other counties in Washington and the national median. For comparison, the 98293 zip code has both the highest and lowest median property tax rate of 0.80%. Understanding how these cities compare with STARTUP provides valuable insights into the varying tax landscape across Snohomish County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Startup Tax Rate
0.80%
Average Snohomish County Tax Rate
0.79%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Startup, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98293 | 0.78% | 0.79% | 0.80% | 0.81% | 0.84% |
Source: Ownwell
$1,148
Average Startup Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Startup, Washington
In STARTUP, 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 Snohomish County 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. In STARTUP, 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 STARTUP helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in STARTUP are both $2817, found in zip code 98293.
Average Startup Assessed Value
$356,950
Average Snohomish County Assessed Value
$668,100
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Startup, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98293 | $160,180 | $232,550 | $356,950 | $458,775 | $541,550 |
Source: Ownwell
$1,148
Average Startup Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Startup, Washington
In STARTUP, located in Snohomish County, WA, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine your annual property tax bill. The median home price in STARTUP is $356,950, and homeowners can expect tax bills ranging from $1,815 at the 25th percentile to $4,041 at the 90th percentile. The highest median tax bill in the area is $2,817, which is significantly above the national median property tax rate of 0.99%. Several factors influence your property tax bill, including the assessed value of your property, local tax rates, and any applicable exemptions. High property taxes can be a burden for homeowners, but that's where Ownwell comes in. Ownwell specializes in property tax appeals and exemption services, helping homeowners potentially lower their tax bills. By leveraging their expertise, Ownwell can assist you in navigating the complexities of property tax assessments, ensuring you pay only what is fair and potentially saving you a significant amount on your annual tax bill.
Average Startup Tax Bill
$2,817
Average Snohomish County Tax Bill
$5,180
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Startup, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98293 | $1,068 | $1,815 | $2,817 | $3,277 | $4,041 |
Source: Ownwell
$1,148
Average Startup Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 20 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| Snohomish Tax Assessor | |
| Phone | (425) 388-3433 |
| Website | www.snoco.org |
| Contact.Assessor@snoco.org | |
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