Northgate, Washington Property Taxes
The median property tax rate in Northgate, 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 Northgate, the typical annual property tax bill reaches $948, significantly below the national median of $2,690. Property taxes in Northgate are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Northgate'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 Northgate 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
Northgate, Washington Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,760
Ownwell’s Northgate Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Northgate with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Northgate 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 Northgate, Washington
Property taxes in Northgate, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Northgate is 0.86%, which is lower than the U.S. national median of 0.99%. Local government entities within Northgate set these rates annually, and they can vary across different neighborhoods. Each year, Northgate 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 Northgate's effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 98125 has both the highest and lowest median property tax rate of 0.86%. Understanding how these areas compare with Northgate provides valuable insights into the varying tax landscape across Mason County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Northgate Tax Rate
0.86%
Average Mason County Tax Rate
0.86%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Northgate, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98125 | 0.86% | 0.86% | 0.86% | 0.86% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Northgate, Washington
In Northgate, 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 Mason County Appraisal District 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 Northgate, 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 Northgate helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Northgate are both $948, found in the 98125 zip code.
Property Tax Assessment Values Across Northgate, Washington
Source: Ownwell
$110,185
$623,515
$1,136,845
Average Northgate Assessed Value
$110,185
Average Mason County Assessed Value
$304,420
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Northgate, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98125 | $110,185 | $110,185 | $110,185 | $110,185 | $110,185 |
Source: Ownwell
Property Tax Bills Across Northgate, Washington
In Northgate, located in Mason County, WA, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value and then applies an assessment ratio to arrive at the taxable value. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the property's size, location, and condition, as well as recent sales of comparable properties in the area. In Northgate, homeowners can expect a median property tax bill of $948, which is notably lower than the national median property tax rate of 0.99%. This relatively modest tax burden can make homeownership more affordable and attractive in the region. The consistency in tax bills, with the 25th, 75th, and 90th percentiles all at $948, indicates a stable and predictable tax environment for residents.
Average Northgate Tax Bill
$948
Average Mason County Tax Bill
$2,654
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Northgate, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98125 | $948 | $948 | $948 | $948 | $948 |
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 | |
|---|---|
| Mason Tax Assessor | |
| Website | property.masoncountywa.gov |