Seabeck, Washington Property Taxes
The median property tax rate in Seabeck, WA is 0.85%, slightly below the state median of 0.88% and the national median of 0.99%. With the median home value in Seabeck at $181,225, the typical annual property tax bill amounts to $1,546, which is lower than the national median of $2,690. Property taxes in Seabeck are based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Seabeck's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners can achieve significant annual savings. Whether you're in the heart of Seabeck or another part of Mason County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Seabeck, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.85%
Estimate Property Tax Bill
$1,540
$1,505
Ownwell’s Seabeck Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Seabeck with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Seabeck 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 Seabeck, Washington
Property taxes in Seabeck, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Seabeck is 0.85%, which is lower than the U.S. national median of 0.99%. Local government entities within Seabeck set these rates annually, and they can vary across different neighborhoods. Each year, Seabeck 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 Seabeck's effective property tax rate to other counties in Washington and the national median. For comparison, the 98380 zip code has both the highest and lowest median property tax rate of 0.85%. Understanding how these areas compare with Seabeck 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 Seabeck Tax Rate
0.85%
Average Mason County Tax Rate
0.86%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Seabeck, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98380 | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Seabeck, Washington
In Seabeck, 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 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 Seabeck, 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 Seabeck helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 98380 has both the highest and lowest median tax bills, each valued at $1,546.
Average Seabeck Assessed Value
$181,225
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 Seabeck, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98380 | $181,225 | $181,225 | $181,225 | $181,225 | $181,225 |
Source: Ownwell
Property Tax Bills Across Seabeck, Washington
In Seabeck, located in Mason County, WA, property tax bills are calculated based on the assessed value of the property, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $181,225, homeowners in Seabeck face a median tax bill of $1,546, which is consistent across the 25th, 75th, and 90th percentiles. This suggests a uniformity in tax rates within the area. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Seabeck's tax rate translates to a relatively moderate tax burden for homeowners. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. For Seabeck homeowners, understanding these factors can help in financial planning and ensuring that they are prepared for their annual property tax obligations.
Average Seabeck Tax Bill
$1,546
Average Mason County Tax Bill
$2,654
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Seabeck, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98380 | $1,546 | $1,546 | $1,546 | $1,546 | $1,546 |
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 |