Longbranch, Washington Property Taxes
The median property tax rate in Longbranch, WA is 0.83%, slightly lower than both the state median of 0.88% and the national median of 0.99%. With a median home value of $470,350 in Longbranch, the typical annual property tax bill amounts to $3,765, which surpasses the national median of $2,690. Property taxes in Longbranch are determined based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence exemption. Understanding Longbranch's property tax system, exploring available exemptions, and finding opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Longbranch or another part of Pierce County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Longbranch, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$3,904
-$40,913
$1,148
Average Longbranch, Washington Tax Savings
Ownwell’s Longbranch Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Longbranch with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Longbranch to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Longbranch. 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 Longbranch, Washington
Property taxes in Longbranch, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Longbranch is 0.83%, lower than the U.S. national median of 0.99%. Local government entities within Longbranch set these rates annually, and they can vary significantly across different neighborhoods. Each year, Longbranch 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 Longbranch's effective property tax rate to other counties in Washington and the national median. For comparison, the 98351 zip code has the highest median property tax rate of 0.83%, while the same zip code also has the lowest median tax rate of 0.83%. Understanding how these cities compare with Longbranch provides valuable insights into the varying tax landscape across Pierce County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Longbranch Tax Rate
0.83%
Average Pierce County Tax Rate
1.02%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Longbranch, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98351 | 0.73% | 0.80% | 0.83% | 0.87% | 0.96% |
Source: Ownwell
$1,148
Average Longbranch Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Longbranch, Washington
In Longbranch, 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 Pierce 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 Longbranch, 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. The median home price in Longbranch is $470,350, with tax bills ranging significantly. For instance, the 25th percentile tax bill is $2,483, while the 75th percentile tax bill is $5,422. The highest median tax bill in Longbranch is $3,765, found in zip code 98351, which also has the lowest median tax bill. Understanding these valuation concepts helps property owners navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage the tax burden effectively.
Property Tax Assessment Values Across Longbranch, Washington
Source: Ownwell
$21,400
$1,254,100
$2,486,800
Average Longbranch Assessed Value
$470,350
Average Pierce County Assessed Value
$465,900
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Longbranch, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98351 | $171,750 | $315,900 | $470,350 | $667,300 | $943,250 |
Source: Ownwell
$1,148
Average Longbranch Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Longbranch, Washington
In Longbranch, located in Pierce County, WA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Longbranch is $470,350, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as improvements to the property, changes in market conditions, and local government budgets also influence the assessed value and, consequently, the tax bill. Homeowners in Longbranch can expect tax bills ranging from $2,483 at the 25th percentile to $7,739 at the 90th percentile, with the highest median tax bill in the area being $3,765. Ownwell provides essential services to help homeowners save on their property tax bills. By offering professional property tax appeal and exemption services, Ownwell ensures that homeowners are not overpaying. Our experts analyze your property’s assessed value, gather relevant market data, and file appeals on your behalf, potentially lowering your tax bill and providing significant savings.
Average Longbranch Tax Bill
$3,765
Average Pierce County Tax Bill
$4,693
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Longbranch, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98351 | $853 | $2,483 | $3,765 | $5,422 | $7,739 |
Source: Ownwell
$1,148
Average Longbranch Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Appeal Deadline | August 26 |
Tax Bill | |
Issued | February 10 |
Due Date #1 | April 30 |
Due Date #2 | October 31 |
Links | |
---|---|
Pierce Tax Assessor | |
Phone | (253) 798-6111 |
Website | atip.piercecountywa.gov |
pcatr@piercecountywa.gov |
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