Wenatchee, Washington Property Taxes
The median property tax rate in Wenatchee, WA is 0.97%, slightly lower than the national median of 0.99% but higher than the Washington state median of 0.88%. With the median home value in Wenatchee, the typical annual property tax bill reaches $408, significantly below the national median of $2,690. Property taxes in Wenatchee 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 Wenatchee'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 Wenatchee 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
Wenatchee, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$409
$399
Ownwell’s Wenatchee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wenatchee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wenatchee 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 Wenatchee, Washington
Property taxes in Wenatchee, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wenatchee is 0.97%, slightly below the U.S. national median of 0.99%. Local government entities within Wenatchee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wenatchee 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 Wenatchee's effective property tax rate to other counties in Washington and the national median. For comparison, the 98801 zip code has the highest median property tax rate of 0.97%, while the same zip code also has the lowest median tax rate of 0.97%. Understanding how these cities compare with Wenatchee 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 Wenatchee Tax Rate
0.97%
Average Douglas County Tax Rate
0.99%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wenatchee, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98801 | 0.96% | 0.96% | 0.97% | 1.02% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Wenatchee, Washington
In Wenatchee, 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 Wenatchee, 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. The highest and lowest median tax bills in Wenatchee are both $408.00 in the 98801 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Wenatchee Assessed Value
$42,150
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 Wenatchee, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98801 | $13,630 | $19,525 | $42,150 | $132,875 | $261,350 |
Source: Ownwell
Property Tax Bills Across Wenatchee, Washington
Property tax bills in Wenatchee, located in Douglas County, WA, are calculated based on the assessed value of a property. The county assessor determines this value, which is then multiplied by the local property tax rate to calculate the tax bill. Various factors influence the assessed value, including the property's market value, size, location, and condition. Homeowners in Wenatchee typically see tax bills ranging from $191 at the 25th percentile to $2,883 at the 90th percentile, with a median home price of $42,150. The tax rate in Wenatchee is relatively low compared to the national median property tax rate of 0.99%. For instance, the highest median tax bill in the area is $408, which is significantly lower than many other regions. This lower tax burden can be beneficial for homeowners, making it more affordable to own property in Wenatchee. However, it's essential for homeowners to stay informed about their property's assessed value and any changes in local tax rates that might affect their annual tax bill.
Average Wenatchee Tax Bill
$408
Average Douglas County Tax Bill
$3,320
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Wenatchee, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98801 | $132 | $191 | $408 | $1,410 | $2,883 |
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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