Coulee Dam, Washington Property Taxes
The median property tax rate in Coulee Dam, WA is 0.80%, 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 Coulee Dam at $183,050, the typical annual property tax bill amounts to $1,404, falling below the national median of $2,690. Property taxes in Coulee Dam are calculated based on the assessed value, which often comes in lower than the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Coulee Dam'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 Coulee Dam 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
Coulee Dam, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$1,464
$1,431
Ownwell’s Coulee Dam Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Coulee Dam with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Coulee Dam 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 Coulee Dam, Washington
Property taxes in Coulee Dam, Washington, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Coulee Dam is 0.80%, lower than the U.S. national median of 0.99%. Local government entities within Coulee Dam set these rates annually, and they can vary significantly across different neighborhoods. Each year, Coulee Dam 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 Coulee Dam's effective property tax rate to other counties in Washington and the national median. For comparison, the 99116 zip code has both the highest and lowest median property tax rate of 0.80%. Understanding how these areas compare with Coulee Dam provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Coulee Dam Tax Rate
0.80%
Average Douglas County Tax Rate
0.99%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Coulee Dam, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99116 | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Coulee Dam, Washington
In Coulee Dam, 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 Douglas 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 Coulee Dam, 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 Coulee Dam helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Coulee Dam is $183,050, with tax bills ranging from $1,169 at the 25th percentile to $2,589 at the 90th percentile. The highest and lowest median tax bills are both $1,404 in the 99116 zip code.
Average Coulee Dam Assessed Value
$183,050
Average Douglas County Assessed Value
$332,000
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Coulee Dam, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99116 | $135,310 | $150,250 | $183,050 | $230,550 | $325,430 |
Source: Ownwell
Property Tax Bills Across Coulee Dam, Washington
In Coulee Dam, Douglas County, WA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value and adjusts it according to state guidelines. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. For homeowners in Coulee Dam, the median home price is $183,050. Tax bills can vary significantly; at the 25th percentile, homeowners might pay around $1,169, while those at the 75th percentile could see bills as high as $1,834. At the 90th percentile, tax bills can reach up to $2,589. Compared to the national median property tax rate of 0.99%, the tax rates in Coulee Dam can result in substantial variations in annual tax bills, directly impacting homeowners' budgets. These taxes fund essential local services such as schools, public safety, and infrastructure, making them a crucial part of community funding.
Average Coulee Dam Tax Bill
$1,404
Average Douglas County Tax Bill
$3,320
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Coulee Dam, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99116 | $1,014 | $1,169 | $1,404 | $1,834 | $2,589 |
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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