Ruston, Washington Property Taxes
The median property tax rate in Ruston, WA is 0.86%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $600,150 in Ruston, the typical annual property tax bill amounts to $5,297, significantly surpassing the national median of $2,690. Property taxes in Ruston are based on the tax assessed value, which is generally lower than the market value due to exemptions such as those for primary residences and agricultural properties. Gaining a deeper understanding of Ruston’s property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you reside in the heart of Ruston or another part of the city, familiarizing yourself with the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Ruston, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$5,161
$5,042
$1,148
Average Ruston, Washington Tax Savings
Ownwell’s Ruston Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ruston with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ruston 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 Ruston. 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 Ruston, Washington
Property taxes in Ruston, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ruston is 0.86%, which is lower than the U.S. national median of 0.99%. Local government entities within Ruston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ruston 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 Ruston's effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 98407 has the highest and the lowest median property tax rate of 0.86%. Understanding how these areas compare with Ruston 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 Ruston Tax Rate
0.86%
Average Pierce County Tax Rate
1.02%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ruston, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98407 | 0.80% | 0.84% | 0.86% | 0.89% | 0.93% |
Source: Ownwell
$1,148
Average Ruston Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Ruston, Washington
In Ruston, 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 Assessor-Treasurer 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 Ruston, 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 Ruston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in Ruston is 98407, with a median bill of $5,297.
Average Ruston Assessed Value
$600,150
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 Ruston, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98407 | $408,950 | $483,700 | $600,150 | $849,200 | $1,056,600 |
Source: Ownwell
$1,148
Average Ruston Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Ruston, Washington
In Ruston, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the Pierce County Assessor's Office and may not always reflect the current market value. Factors such as recent sales in the neighborhood, property improvements, and overall market trends influence the assessed value. For a median home price of $600,150 in Ruston, homeowners can expect to see a property tax bill ranging from $4,060 at the 25th percentile to $7,331 at the 75th percentile, with some reaching up to $9,235 at the 90th percentile. These tax bills can significantly impact homeowners, making it crucial to ensure they are not overpaying. Ownwell specializes in property tax appeal and exemption services, helping homeowners contest overvalued assessments. By leveraging local market data and expert knowledge, Ownwell can identify discrepancies and file appeals on your behalf. This process can lead to substantial savings, ensuring you only pay your fair share in property taxes.
Average Ruston Tax Bill
$5,297
Average Pierce County Tax Bill
$4,693
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Ruston, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98407 | $3,191 | $4,060 | $5,297 | $7,331 | $9,235 |
Source: Ownwell
$1,148
Average Ruston 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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