Naches, Washington Property Taxes
The median property tax rate in Naches, WA is 1.13%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Naches at $180,700, the typical annual property tax bill reaches $2,059, which is below the national median of $2,690. Property taxes in Naches 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 Naches'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 Naches 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
Naches, Washington Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,760
Ownwell’s Naches Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Naches with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Naches 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 Naches, Washington
Property taxes in Naches, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Naches is 1.13%, higher than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Naches set these rates annually, and they can vary significantly across different neighborhoods. Each year, Naches 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 Naches' effective property tax rate to other counties in Washington and the national median. For comparison, the 98901 zip code has the highest median property tax rate of 1.23%, while the 98937 zip code has the lowest median tax rate of 1.13%. Understanding how these cities compare with Naches provides valuable insights into the varying tax landscape across Yakima County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Naches Tax Rate
1.13%
Average Yakima County Tax Rate
1.10%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Naches, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98901 | 1.23% | 1.23% | 1.23% | 1.23% | 1.23% |
| 98937 | 1.04% | 1.07% | 1.13% | 1.17% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Naches, Washington
In Naches, 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 Yakima 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 Naches, 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 Naches helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Yakima County, the highest median tax bill is $5,319 in the 98901 zip code, while the lowest median tax bill is $2,059 in the 98937 zip code.
Average Naches Assessed Value
$180,700
Average Yakima County Assessed Value
$200,300
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Naches, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98901 | $433,200 | $433,200 | $433,200 | $433,200 | $433,200 |
| 98937 | $52,400 | $101,200 | $180,700 | $259,350 | $349,400 |
Source: Ownwell
Property Tax Bills Across Naches, Washington
In Naches, property tax bills are calculated based on the assessed value of a home, which is determined by the Yakima County Assessor's Office. The assessed value is a percentage of the market value, reflecting the property's worth as of a specific date. This value is then multiplied by the local property tax rate to determine the annual tax bill. Various factors influence the assessed value, including the property's size, location, and condition, as well as any recent improvements or renovations. Homeowners in Naches experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $1,123, while at the 75th percentile, it rises to $3,005. The tax bill at the 90th percentile reaches $4,162, indicating significant variability based on property characteristics. Compared to the national median property tax rate of 0.99%, the tax rates in Naches can result in substantial annual expenses for homeowners. Understanding these factors is crucial for homeowners to anticipate and manage their property tax obligations effectively.
Average Naches Tax Bill
$2,059
Average Yakima County Tax Bill
$2,273
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Naches, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98901 | $5,319 | $5,319 | $5,319 | $5,319 | $5,319 |
| 98937 | $569 | $1,123 | $2,059 | $3,001 | $4,160 |
Source: 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 |
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