Plain, Washington Property Taxes
The median property tax rate in PLAIN, 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 PLAIN, the typical annual property tax bill comes to $1,372, falling below the national median of $2,690. Property taxes in PLAIN are based on the tax assessed value, which often is less than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding PLAIN's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of PLAIN 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
Plain, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$1,547
$1,511
Ownwell’s Plain Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Plain with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plain 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 Plain, Washington
Property taxes in Plain, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Plain is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Plain set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plain 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 Plain's effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 98826 has both the highest and lowest median property tax rate of 0.81%. Understanding how these areas compare with Plain provides valuable insights into the varying tax landscape across Chelan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Plain Tax Rate
0.81%
Average Chelan County Tax Rate
0.83%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plain, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98826 | 0.76% | 0.79% | 0.81% | 0.87% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Plain, Washington
In PLAIN, 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 Chelan 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 PLAIN, 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 PLAIN 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 $1372 in the 98826 zip code, while the lowest is also $1372 in the same zip code.
Average Plain Assessed Value
$191,014
Average Chelan County Assessed Value
$334,049
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Plain, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98826 | $47,434 | $114,832 | $191,014 | $351,575 | $443,036 |
Source: Ownwell
Property Tax Bills Across Plain, Washington
Property tax bills in Plain, located in Chelan County, WA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and is meant to reflect the market value of the property. Homeowners in Plain experience a range of tax bills, with the 25th percentile paying around $409 and the 75th percentile paying approximately $2,497 annually. For those at the 90th percentile, the tax bill can reach up to $3,590. These tax bills are influenced by various factors, including property size, location, and improvements. The local tax rate in Plain, when compared to the national median property tax rate of 0.99%, can significantly impact homeowners. High property taxes can influence housing affordability and overall cost of living, while lower taxes might make homeownership more attractive. Understanding how these elements come together helps homeowners anticipate their annual financial obligations and plan accordingly.
Average Plain Tax Bill
$1,372
Average Chelan County Tax Bill
$2,713
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Plain, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98826 | N/A | $409 | $1,372 | $2,497 | $3,590 |
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 |
Links | |
|---|---|
| Chelan Tax Assessor | |
| Website | pacs.co.chelan.wa.us |