Seaview, Washington Property Taxes
The median property tax rate in Seaview, WA is 0.76%, which is significantly lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Seaview at $289,300, the typical annual property tax bill amounts to $2,146, falling below the national median of $2,690. Property taxes in Seaview are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Seaview'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 Seaview 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
Seaview, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$2,199
$2,148
Ownwell’s Seaview Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Seaview with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Seaview to provide an estimate of your property tax bill. This valuable tool aids in understanding potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is determined by the county for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Seaview, Washington
Property taxes in Seaview, Washington, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Seaview is 0.76%, which is lower than the U.S. national median of 0.99%. Local government entities within Seaview set these rates annually, and they can vary significantly across different neighborhoods. Each year, Seaview 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 Seaview's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 98644 has both the highest and lowest median property tax rate of 0.76%. Understanding how these cities compare with Seaview provides valuable insights into the varying tax landscape across Pacific County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Seaview Tax Rate
0.76%
Average Pacific County Tax Rate
0.79%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Seaview, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98644 | 0.75% | 0.76% | 0.76% | 0.76% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Seaview, Washington
In Seaview, 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 Pacific 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. In Seaview, 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 Seaview helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Seaview are both $2,146, found in the 98644 zip code.
Average Seaview Assessed Value
$289,300
Average Pacific County Assessed Value
$192,200
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Seaview, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98644 | $156,360 | $220,500 | $289,300 | $354,300 | $463,940 |
Source: Ownwell
Property Tax Bills Across Seaview, Washington
In Seaview, property tax bills are calculated based on the assessed value of a home, which is determined by the Pacific County Assessor's Office. The assessed value typically reflects a percentage of the property's market value. For example, with a median home price of $289,300 in Seaview, the tax bill can vary significantly. Homeowners in the 25th percentile might see a tax bill of around $1,579, while those in the 75th percentile could pay approximately $2,667. At the 90th percentile, the tax bill can reach up to $3,498. These property tax rates are influenced by various factors, including local government budgets, school funding, and public service needs. Compared to the national median property tax rate of 0.99%, Seaview's rates reflect the region's specific financial requirements and property values. For homeowners, understanding these factors is crucial as property taxes directly impact annual housing costs and can affect long-term financial planning.
Average Seaview Tax Bill
$2,146
Average Pacific County Tax Bill
$1,389
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Seaview, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98644 | $888 | $1,579 | $2,146 | $2,667 | $3,498 |
Source: Ownwell