Rosalia, Washington Property Taxes
The median property tax rate in Rosalia, WA is 0.81%, 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 Rosalia at $287,590, the typical annual property tax bill is $2,221, falling below the national median of $2,690. Property taxes in Rosalia are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Rosalia'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 Rosalia 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
Rosalia, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$2,329
$2,276
$1,148
Average Rosalia, Washington Tax Savings
Ownwell’s Rosalia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rosalia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rosalia 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 Rosalia. 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 Rosalia, Washington
Property taxes in Rosalia, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rosalia is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Rosalia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rosalia 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 Rosalia's effective property tax rate to other areas in Spokane County and the national median. For comparison, the zip code 99170 has both the highest and lowest median property tax rate of 0.81%. Understanding how these cities compare with Rosalia provides valuable insights into the varying tax landscape across Spokane County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rosalia Tax Rate
0.81%
Average Spokane County Tax Rate
0.93%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rosalia, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99170 | 0.28% | 0.76% | 0.81% | 0.89% | 0.94% |
Source: Ownwell
$1,148
Average Rosalia Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Rosalia, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Rosalia, WA. 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 Spokane 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 Rosalia, 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 Rosalia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Rosalia are both $2,221, found in the 99170 zip code.
Average Rosalia Assessed Value
$287,590
Average Spokane County Assessed Value
$369,800
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rosalia, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99170 | $89,980 | $222,410 | $287,590 | $397,880 | $600,130 |
Source: Ownwell
$1,148
Average Rosalia Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Rosalia, Washington
In Rosalia, Spokane County, WA, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to calculate the tax bill. For example, with a median home price of $287,590, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. The tax bill can range significantly, with the 25th percentile at $1,001 and the 90th percentile reaching up to $3,629. Factors such as property improvements, neighborhood developments, and market trends can impact the assessed value, thereby affecting the tax bill. High property taxes can be a burden for homeowners, but Ownwell can help by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value and comparable properties, Ownwell can identify potential savings and assist in appealing over-assessments, ensuring you pay only your fair share.
Average Rosalia Tax Bill
$2,221
Average Spokane County Tax Bill
$3,417
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Rosalia, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99170 | $270 | $1,001 | $2,221 | $3,050 | $3,629 |
Source: Ownwell
$1,148
Average Rosalia Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Appeal Deadline | July 1 |
Tax Bill | |
Issued | February 10 |
Due Date #1 | April 30 |
Due Date #2 | October 31 |
Links | |
---|---|
Spokane Tax Assessor | |
Phone | (509) 477-3698 |
Website | cp.spokanecounty.org |
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