Klickitat, Washington Property Taxes
The median property tax rate in Klickitat, WA is 1.09%, which is higher than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $65,900 in Klickitat, the typical annual property tax bill amounts to $699, which is significantly lower than the national median of $2,690. Property taxes in Klickitat are determined based on the assessed value, which is often less than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Klickitat's property tax system, exploring the available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Klickitat or another part of the county, a thorough understanding of the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Klickitat, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$718
$702
Ownwell’s Klickitat Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Klickitat with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Klickitat 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 Klickitat, Washington
Property taxes in Klickitat, WA, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Klickitat is 1.09%, higher than the U.S. national median of 0.99%. Local government entities within Klickitat set these rates annually, and they can vary significantly across different neighborhoods. Each year, Klickitat 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 Klickitat's effective property tax rate to other regions in Washington and the national median. For comparison, the 98635 zip code has the highest median property tax rate of 1.64%, while the 98628 zip code has the lowest median tax rate of 1.09%. Understanding how these areas compare with Klickitat provides valuable insights into the varying tax landscape across the county, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Klickitat Tax Rate
1.09%
Average Klickitat County Tax Rate
1.07%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Klickitat, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98628 | 0.76% | 0.96% | 1.09% | 1.20% | 1.43% |
| 98635 | 1.64% | 1.64% | 1.64% | 1.64% | 1.64% |
| 98670 | 0.95% | 1.04% | 1.20% | 1.31% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Klickitat, Washington
In Klickitat, 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 county 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 Klickitat, 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 Klickitat helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $903 in the 98670 zip code, while the lowest is $307 in the 98635 zip code.
Average Klickitat Assessed Value
$65,900
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 Klickitat, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98628 | $23,490 | $49,630 | $65,930 | $98,900 | $150,910 |
| 98635 | $18,700 | $18,700 | $18,700 | $18,700 | $18,700 |
| 98670 | $54,448 | $57,775 | $63,320 | $134,160 | $176,664 |
Source: Ownwell
Property Tax Bills Across Klickitat, Washington
In Klickitat, WA, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Various factors such as property size, location, and market conditions influence the assessed value. For instance, the median home price in Klickitat is $65,900. Homeowners in Klickitat experience a range of property tax bills. At the 25th percentile, the tax bill is $457, while at the 75th percentile, it rises to $1,005. The 90th percentile sees tax bills as high as $1,535. The highest median tax bill in the county is $903, found in zip code 98670, whereas the lowest median tax bill is $307, located in zip code 98635. Compared to the national median property tax rate of 0.99%, Klickitat's tax rates can vary significantly, impacting homeowners differently based on their property's assessed value and location within the county.
Average Klickitat Tax Bill
$699
Average Klickitat County Tax Bill
$1,272
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Klickitat, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98628 | $193 | $456 | $698 | $1,007 | $1,501 |
| 98635 | $307 | $307 | $307 | $307 | $307 |
| 98670 | $680 | $764 | $903 | $1,357 | $1,630 |
Source: Ownwell