Hatton, Washington Property Taxes
The median property tax rate in Hatton, WA is 1.19%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Hatton at $35,500, the typical annual property tax bill reaches $499, which is significantly lower than the national median of $2,690. Property taxes in Hatton 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 Hatton'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 Hatton or another part of Adams County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hatton, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$422
$413
Ownwell’s Hatton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hatton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hatton 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 Hatton, Washington
Property taxes in Hatton, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hatton is 1.19%, significantly higher than the U.S. national median of 0.99%. Local government entities within Hatton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hatton 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 Hatton's effective property tax rate to other areas in Adams County and the national median. For comparison, the zip code 99344 in Adams County has the highest median property tax rate of 1.19%, while the same zip code also has the lowest median tax rate of 1.19%. Understanding how these cities compare with Hatton provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hatton Tax Rate
1.19%
Average Adams County Tax Rate
1.18%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hatton, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99344 | 1.00% | 1.03% | 1.19% | 1.70% | 2.26% |
Source: Ownwell
Property Tax Assessment Values Across Hatton, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Hatton, Washington. 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 Adams 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 in Hatton 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Hatton are both $499.00, found in zip code 99344.
Average Hatton Assessed Value
$35,500
Average Adams County Assessed Value
$142,200
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hatton, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99344 | $6,640 | $9,875 | $35,500 | $68,250 | $95,530 |
Source: Ownwell
Property Tax Bills Across Hatton, Washington
In Hatton, Adams County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is a percentage of the property's market value. For homeowners in Hatton, the median home price is $35,500, and the property tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. In Hatton, the tax bills can vary significantly. For instance, at the 25th percentile, homeowners might pay around $112 annually, while those at the 75th percentile could see bills as high as $839. The 90th percentile tax bill can reach up to $1,354, reflecting the variability in property values and local tax rates. This variability affects homeowners differently, with some benefiting from lower taxes due to lower assessed values, while others may face higher bills. Understanding these factors is crucial for homeowners to anticipate and manage their property tax obligations effectively.
Average Hatton Tax Bill
$499
Average Adams County Tax Bill
$1,715
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Hatton, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99344 | $60 | $112 | $499 | $839 | $1,354 |
Source: Ownwell