Union Gap, Washington Property Taxes
The median property tax rate in Union Gap, WA is 1.02%, slightly above the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $105,600 in Union Gap, the typical annual property tax bill amounts to $1,125, which is lower than the national median of $2,690. Property taxes in Union Gap are based on the assessed value, which often falls below market value due to exemptions like primary residence and agricultural exemptions. Understanding Union Gap'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 Union Gap 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
Union Gap, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$1,077
$1,052
Ownwell’s Union Gap Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Union Gap with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Union Gap 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 Union Gap, Washington
Property taxes in Union Gap, Washington, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Union Gap is 1.02%, slightly higher than the U.S. national median of 0.99%. Local government entities within Union Gap set these rates annually, and they can vary significantly across different neighborhoods. Each year, Union Gap 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 Union Gap's effective property tax rate to other areas in Yakima County and the national median. For comparison, the 98937 zip code has the highest median property tax rate of 1.02%, while the 98903 zip code has the lowest median tax rate of 1.02%. Understanding how these areas compare with Union Gap 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 Union Gap Tax Rate
1.02%
Average Yakima County Tax Rate
1.10%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Union Gap, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98901 | N/A | N/A | N/A | N/A | N/A |
| 98903 | 0.76% | 1.00% | 1.02% | 1.03% | 1.08% |
| 98932 | N/A | N/A | N/A | N/A | N/A |
| 98937 | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Union Gap, Washington
In Union Gap, 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 Assessor's Office 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 Union Gap, 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 Union Gap helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1928 in zip code 98937, while the lowest is $1140 in zip code 98903.
Average Union Gap Assessed Value
$105,600
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 Union Gap, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98901 | N/A | N/A | N/A | N/A | N/A |
| 98903 | $5,000 | $24,525 | $105,700 | $150,250 | $198,550 |
| 98932 | N/A | N/A | N/A | N/A | N/A |
| 98937 | $175,110 | $180,225 | $188,750 | $197,275 | $202,390 |
Source: Ownwell
Property Tax Bills Across Union Gap, Washington
In Union Gap, 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 property's market value, which is then multiplied by the local tax rate to calculate the annual tax bill. Several factors influence this calculation, including the home's location, size, and any improvements made to the property. For homeowners in Union Gap, the median home price is $105,600. The tax bills can vary significantly, with the 25th percentile tax bill at $240 and the 75th percentile tax bill at $1,614. At the 90th percentile, homeowners can expect to pay around $2,127. The highest median tax bill within Yakima County is $1,928, found in the 98937 zip code, while the lowest is $1,140 in the 98903 zip code. These property taxes fund essential services such as schools, emergency services, and infrastructure, directly impacting the quality of life for Union Gap residents.
Average Union Gap Tax Bill
$1,125
Average Yakima County Tax Bill
$2,273
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Union Gap, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98901 | N/A | N/A | N/A | N/A | N/A |
| 98903 | $98 | $248 | $1,140 | $1,617 | $2,135 |
| 98932 | N/A | N/A | N/A | N/A | N/A |
| 98937 | $1,789 | $1,841 | $1,928 | $2,015 | $2,067 |
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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