Ephrata, Washington Property Taxes
The median property tax rate in Ephrata, WA is 0.86%, 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 Ephrata, the typical annual property tax bill is $119, significantly below the national median of $2,690. Property taxes in Ephrata are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Ephrata'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 Ephrata or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ephrata, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$127
$124
Ownwell’s Ephrata Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ephrata with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ephrata 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 Ephrata, Washington
Property taxes in Ephrata, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ephrata is 0.86%, which is lower than the U.S. national median of 0.99%. Local government entities within Ephrata set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ephrata 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 Ephrata's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 98823 has both the highest and lowest median property tax rate of 0.86%. Understanding how these cities compare with Ephrata 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 Ephrata Tax Rate
0.86%
Average Douglas County Tax Rate
0.99%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ephrata, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98823 | 0.65% | 0.65% | 0.86% | 0.96% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Ephrata, Washington
In Ephrata, 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'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 Ephrata, 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 Ephrata helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Ephrata is $14,750, with the highest and lowest median tax bills both recorded at $119 in the 98823 zip code.
Average Ephrata Assessed Value
$14,750
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 Ephrata, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98823 | $8,130 | $10,050 | $14,750 | $20,725 | $28,090 |
Source: Ownwell
Property Tax Bills Across Ephrata, Washington
In Ephrata, located in Douglas County, WA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor's office. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. Factors such as the property's location, size, and condition can influence its assessed value. Homeowners in Ephrata can expect varying tax bills depending on where their property falls within the value spectrum. For example, those in the 25th percentile might see tax bills around $76, while those in the 75th percentile could face bills up to $166. At the 90th percentile, tax bills can reach approximately $227. The median home price in Ephrata is $14,750, which is significantly lower than the national median, resulting in generally lower tax bills compared to other regions. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents. Understanding how these taxes are calculated can help homeowners better manage their finances and plan for future expenses.
Average Ephrata Tax Bill
$119
Average Douglas County Tax Bill
$3,320
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Ephrata, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98823 | $63 | $76 | $119 | $166 | $227 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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Appeal Deadline | July 1 |
Tax Bill | |
Issued | February 10 |
Due Date #1 | April 30 |
Due Date #2 | October 31 |
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