Clarkston, Washington Property Taxes
The median property tax rate in Clarkston, WA is 1.20%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Clarkston at $135,506, the typical annual property tax bill reaches $1,615, which is below the national median of $2,690. Property taxes in Clarkston 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 Clarkston'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 Clarkston 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
Clarkston, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,626
$1,589
Ownwell’s Clarkston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clarkston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clarkston 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 Clarkston, Washington
Property taxes in Clarkston, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clarkston is 1.20%, higher than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Clarkston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clarkston 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 Clarkston's effective property tax rate to other counties in Washington and the national median. For comparison, the 99403 zip code has the highest median property tax rate of 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with Clarkston provides valuable insights into the varying tax landscape across Asotin, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clarkston Tax Rate
1.20%
Average Whitman County Tax Rate
1.48%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarkston, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99403 | 1.12% | 1.12% | 1.20% | 1.28% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Clarkston, Washington
In Clarkston, 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 Whitman 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. 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, in Clarkston, the median home price is $135,506, with tax bills ranging from $1,291 at the 25th percentile to $2,240 at the 75th percentile. The highest and lowest median tax bills are both $1,615, found in the 99403 zip code. 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 Clarkston Assessed Value
$135,506
Average Whitman County Assessed Value
$117,153
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clarkston, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99403 | $56,251 | $101,214 | $135,506 | $200,271 | $300,082 |
Source: Ownwell
Property Tax Bills Across Clarkston, Washington
Property tax bills in Clarkston, Whitman County, WA, are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Clarkston is $135,506, and the property tax rate is compared to the national median rate of 0.99%. Factors such as property improvements, market conditions, and neighborhood changes can influence the assessed value. Homeowners in Clarkston can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is $1,291, while the 75th percentile tax bill is $2,240, and the 90th percentile tax bill reaches up to $3,356. These variations highlight the impact of property value assessments on tax liabilities. Understanding these factors is crucial for homeowners as property taxes can significantly affect their annual expenses and overall financial planning.
Average Clarkston Tax Bill
$1,615
Average Whitman County Tax Bill
$1,573
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarkston, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99403 | $718 | $1,291 | $1,615 | $2,240 | $3,356 |
Source: Ownwell