Goldendale, Washington Property Taxes
The median property tax rate in Goldendale, WA is 1.13%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Goldendale at $95,300, the typical annual property tax bill reaches $1,020, exceeding the national median of $2,690. Property taxes in Goldendale are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Goldendale'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 Goldendale 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
Goldendale, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$1,077
$1,052
Ownwell’s Goldendale Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Goldendale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Goldendale 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 Goldendale, Washington
Property taxes in Goldendale, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Goldendale is 1.13%, higher than the U.S. national median of 0.99%. Local government entities within Goldendale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Goldendale 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 Goldendale's effective property tax rate to other areas in Klickitat County and the national median. For comparison, the 98613 zip code has the highest median property tax rate of 1.62%, while the 9861 zip code has the lowest median tax rate of 0.94%. Understanding how these areas compare with Goldendale provides valuable insights into the varying tax landscape across Klickitat County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Goldendale Tax Rate
1.13%
Average Klickitat County Tax Rate
1.07%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Goldendale, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 9861 | 0.94% | 0.94% | 0.94% | 0.94% | 0.94% |
| 98613 | 1.62% | 1.62% | 1.62% | 1.62% | 1.62% |
| 98619 | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% |
| 98620 | 0.91% | 1.03% | 1.13% | 1.27% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Goldendale, Washington
In Goldendale, 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 Klickitat 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. 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 highest median tax bill in Goldendale is $1,036 in zip code 98620, while the lowest median tax bill is $241 in zip code 98619. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Goldendale Assessed Value
$95,300
Average Klickitat County Assessed Value
$126,140
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Goldendale, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 9861 | $85,015 | $85,038 | $85,055 | $85,088 | $85,137 |
| 98613 | $55,400 | $55,400 | $55,400 | $55,400 | $55,400 |
| 98619 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 |
| 98620 | $24,674 | $50,160 | $96,700 | $169,620 | $255,000 |
Source: Ownwell
Property Tax Bills Across Goldendale, Washington
In Goldendale, WA, property tax bills are calculated based on the assessed value of the home and the tax rate set by local authorities. Homeowners in Goldendale, located in Klickitat County, experience a range of property tax bills depending on their property's assessed value. The median home price in Goldendale is $95,300, which serves as a baseline for calculating property taxes. Tax bills can vary significantly; for instance, the 25th percentile tax bill is around $525, while the 75th percentile tax bill is approximately $1,871. At the higher end, the 90th percentile tax bill reaches up to $2,745. Several factors influence these tax bills, including the property's location, improvements, and any applicable exemptions. For example, in the 98620 zip code, the highest median tax bill is $1,036, while in the 98619 zip code, the lowest median tax bill is $241. Compared to the national median property tax rate of 0.99%, Goldendale's property tax rates reflect the local economic conditions and funding requirements for public services. This variability in tax bills directly impacts homeowners' financial planning and overall cost of living.
Average Goldendale Tax Bill
$1,020
Average Klickitat County Tax Bill
$1,272
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Goldendale, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 9861 | $797 | $797 | $797 | $797 | $798 |
| 98613 | $899 | $899 | $899 | $899 | $899 |
| 98619 | $241 | $241 | $241 | $241 | $241 |
| 98620 | $252 | $537 | $1,036 | $1,890 | $2,764 |
Source: Ownwell