Beaver, Washington Property Taxes
The median property tax rate in Beaver, 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 Beaver at $179,998, the typical annual property tax bill is $1,296, falling below the national median of $2,690. Property taxes in Beaver are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Beaver'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 Beaver 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
Beaver, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$1,458
$1,424
Ownwell’s Beaver Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Beaver with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beaver to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in more localized insights, explore neighborhood-level trends by scrolling down. Your property’s assessed value is determined by the county for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Beaver, Washington
Property taxes in Beaver, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beaver is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Beaver set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beaver 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 Beaver's effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 98305 has the highest median property tax rate of 0.81%, while the same zip code also has the lowest median tax rate of 0.81%. Understanding how these cities compare with Beaver provides valuable insights into the varying tax landscape across Clallam County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Beaver Tax Rate
0.81%
Average Clallam County Tax Rate
0.81%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beaver, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98305 | 0.75% | 0.80% | 0.81% | 0.82% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Beaver, Washington
In Beaver, 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 Clallam County Assessor 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 Beaver, 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. For instance, the median home price in Beaver is $179,998, with tax bills ranging from the 25th percentile at $321 to the 90th percentile at $3946. The zip code 98305 has the highest and lowest median tax bill at $1296. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Beaver Assessed Value
$179,998
Average Clallam County Assessed Value
$360,554
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beaver, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98305 | $15,897 | $65,519 | $179,998 | $297,860 | $499,552 |
Source: Ownwell
Property Tax Bills Across Beaver, Washington
Property tax bills in Beaver, located in Clallam County, WA, are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value. This assessed value is then multiplied by the local tax rate to calculate the tax bill. Homeowners in Beaver experience a wide range of tax bills. The 25th percentile tax bill is $321, while the 75th percentile reaches $2,247, and the 90th percentile goes up to $3,946. The median home price in Beaver is $179,998, which helps in understanding these variations. Compared to the national median property tax rate of 0.99%, Beaver's tax rates can significantly impact homeowners depending on their property's assessed value and specific location within the city. Understanding these factors is crucial for homeowners to anticipate their property tax obligations and plan their finances accordingly. Accurate assessments and awareness of local tax rates ensure that homeowners can manage their tax responsibilities effectively.
Average Beaver Tax Bill
$1,296
Average Clallam County Tax Bill
$3,024
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Beaver, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98305 | $29 | $321 | $1,296 | $2,247 | $3,946 |
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 | |
|---|---|
| Clallam Tax Assessor | |
| Website | websrv22.clallam.net |