Spangle, Washington Property Taxes
The median property tax rate in Spangle, 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 Spangle at $383,460, the typical annual property tax bill reaches $2,972, slightly above the national median of $2,690. Property taxes in Spangle are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Spangle'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 Spangle 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
Spangle, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$3,106
$3,034
$1,148
Average Spangle, Washington Tax Savings
Ownwell’s Spangle Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Spangle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Spangle 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 Spangle. 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 Spangle, Washington
Property taxes in Spangle, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Spangle is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Spangle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Spangle 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 Spangle's effective property tax rate to other areas in Spokane County and the national median. For comparison, the zip code 99031 has both the highest and lowest median property tax rate of 0.81%. Understanding how these areas compare with Spangle 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 Spangle 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 Spangle, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99031 | 0.64% | 0.77% | 0.81% | 0.83% | 0.86% |
Source: Ownwell
$1,148
Average Spangle Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Spangle, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Spangle, Washington. The market value reflects 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 Spangle, 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. For example, the median home price in Spangle is $383,460, with tax bills ranging from $1,639 at the 25th percentile to $6,180 at the 90th percentile. The highest median tax bill is $2,972 in the 99031 zip code, which also has the lowest median tax bill of the same amount. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Spangle Assessed Value
$383,460
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 Spangle, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99031 | $101,002 | $231,640 | $383,460 | $574,820 | $783,102 |
Source: Ownwell
$1,148
Average Spangle Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Spangle, Washington
Property tax bills in Spangle, located in Spokane County, WA, are calculated based on the assessed value of your property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. Spokane County's property tax rate is influenced by various factors, including local government budgets and public service funding needs. For homeowners, this means a median home price of $383,460 could result in a property tax bill ranging from $1,639 at the 25th percentile to $6,180 at the 90th percentile. Ownwell assists homeowners in reducing their property tax bills by providing expert property tax appeal and exemption services. By thoroughly reviewing your property's assessed value and comparing it with market trends, Ownwell can identify discrepancies and file appeals on your behalf. This can significantly lower your tax burden, ensuring you only pay your fair share. With Ownwell's expertise, homeowners in Spangle can potentially save hundreds or even thousands of dollars on their property tax bills.
Average Spangle Tax Bill
$2,972
Average Spokane County Tax Bill
$3,417
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Spangle, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99031 | $436 | $1,639 | $2,972 | $4,531 | $6,180 |
Source: Ownwell
$1,148
Average Spangle 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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