Wilson Creek, Washington Property Taxes
The median property tax rate in Wilson Creek, WA is 0.92%, which is slightly lower than the national median of 0.99% but higher than the Washington state median of 0.88%. With a median home value of $38,365 in Wilson Creek, the typical annual property tax bill amounts to $324, significantly below the national median of $2,690. Property taxes in Wilson Creek are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Wilson Creek'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 Wilson Creek 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
Wilson Creek, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$353
$345
Ownwell’s Wilson Creek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wilson Creek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wilson Creek 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 Wilson Creek, Washington
Property taxes in Wilson Creek, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wilson Creek is 0.92%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Wilson Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wilson Creek 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 Wilson Creek's effective property tax rate to other areas in Grant County and the national median. For comparison, the zip code 98860 has the same median property tax rate of 0.92%. Understanding how these cities compare with Wilson Creek provides valuable insights into the varying tax landscape across Grant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Wilson Creek Tax Rate
0.92%
Average Grant County Tax Rate
1.20%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wilson Creek, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98860 | 0.52% | 0.68% | 0.92% | 1.09% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Wilson Creek, Washington
In Wilson Creek, 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 Grant 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 Wilson Creek, 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. The median home price in Wilson Creek is $38,365, with tax bills ranging from $46 at the 25th percentile to $1,446 at the 90th percentile. Notably, the zip code 98860 has both the highest and lowest median tax bill at $324. 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 Wilson Creek helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Wilson Creek Assessed Value
$38,365
Average Grant County Assessed Value
$135,922
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wilson Creek, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98860 | $5,000 | $6,580 | $38,365 | $69,525 | $140,787 |
Source: Ownwell
Property Tax Bills Across Wilson Creek, Washington
In Wilson Creek, WA, property tax bills are calculated based on the assessed value of a home and the tax rate set by local taxing authorities. The median home price in Wilson Creek is $38,365. Homeowners can expect their tax bills to vary significantly, with the 25th percentile tax bill at $46 and the 90th percentile tax bill reaching $1,446. This variation is due to factors such as property location, improvements, and exemptions. The tax rate in Wilson Creek is influenced by the needs of the local government and school districts, which rely on property taxes for funding. The highest median tax bill in the area is $324.00, which is significantly lower than the national median property tax rate of 0.99%. This relatively low tax burden can make homeownership more affordable, but it also means that local services and infrastructure might rely heavily on other forms of funding. For homeowners, understanding these factors is crucial for financial planning and anticipating future tax obligations.
Average Wilson Creek Tax Bill
$324
Average Grant County Tax Bill
$1,560
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Wilson Creek, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98860 | $33 | $46 | $324 | $766 | $1,446 |
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 | |
|---|---|
| Grant Tax Assessor | |
| Website | grantwa-taxsifter.publicaccessnow.com |