Burlington, Washington Property Taxes
The median property tax rate in Burlington, WA is 0.84%, 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 Burlington at $452,700, the typical annual property tax bill reaches $3,820, significantly higher than the national median of $2,690. Property taxes in Burlington 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 Burlington'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 Burlington 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
Burlington, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$3,803
$3,715
$1,148
Average Burlington, Washington Tax Savings
Ownwell’s Burlington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Burlington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Burlington 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 Burlington. 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 Burlington, Washington
Property taxes in Burlington, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burlington is 0.84%, which is lower than the U.S. national median of 0.99%. Local government entities within Burlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burlington 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 Burlington's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 98233 has both the highest and lowest median property tax rate of 0.84%. Understanding how these cities compare with Burlington provides valuable insights into the varying tax landscape across Skagit County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Burlington Tax Rate
0.84%
Average Skagit County Tax Rate
0.86%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burlington, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98233 | 0.79% | 0.81% | 0.84% | 0.90% | 0.95% |
Source: Ownwell
$1,148
Average Burlington Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Burlington, Washington
In Burlington, 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 Skagit 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 Burlington, 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. For example, the median home price in Burlington is $452,700, with tax bills ranging from $2,883 at the 25th percentile to $5,786 at the 90th percentile. Notably, the median tax bill in the 98233 zip code is $3,820. 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 Burlington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Burlington Assessed Value
$452,700
Average Skagit County Assessed Value
$473,200
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Burlington, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98233 | $276,110 | $363,000 | $452,700 | $558,675 | $675,170 |
Source: Ownwell
$1,148
Average Burlington Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Burlington, Washington
In Burlington, Skagit County, WA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. With a median home price of $452,700, homeowners face varying tax bills depending on their property's assessed value and the specific tax rate applied. For example, tax bills range from the 25th percentile at $2,883 to the 90th percentile at $5,786. The highest and lowest median tax bills in the area both stand at $3,820, notably higher than the national median property tax rate of 0.99%. Several factors influence these tax bills, including the home's assessed value, local government budgets, and specific levies for schools, infrastructure, and other public services. High property taxes can significantly impact homeowners' financial situations, making it essential to explore ways to reduce these expenses. Ownwell offers expert property tax appeal and exemption services to help homeowners in Burlington lower their tax bills. By analyzing property assessments and identifying potential discrepancies, Ownwell can assist in securing a fairer, often reduced, tax obligation.
Average Burlington Tax Bill
$3,820
Average Skagit County Tax Bill
$4,058
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Burlington, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98233 | $1,538 | $2,883 | $3,820 | $4,773 | $5,786 |
Source: Ownwell
$1,148
Average Burlington Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | November 12 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| Skagit Tax Assessor | |
| Website | skagitcounty.net |
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