Ford, Washington Property Taxes
The median property tax rate in Ford, WA is 0.71%, which is notably lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $301,840 in Ford, the typical annual property tax bill amounts to $2,133, falling below the national median of $2,690. Property taxes in Ford are calculated based on the tax assessed value, which often is less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Ford'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 Ford 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
Ford, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$2,143
$2,093
$1,148
Average Ford, Washington Tax Savings
Ownwell’s Ford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ford 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 Ford. 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 Ford, Washington
Property taxes in Ford, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ford is 0.71%, which is lower than the U.S. national median of 0.99%. Local government entities within Ford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ford 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 Ford's effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 99013 has both the highest and lowest median property tax rate of 0.71%. Understanding how these areas compare with Ford provides valuable insights into the varying tax landscape across Spokane County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ford Tax Rate
0.71%
Average Spokane County Tax Rate
0.93%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ford, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99013 | 0.34% | 0.71% | 0.71% | 0.72% | 0.73% |
Source: Ownwell
$1,148
Average Ford Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Ford, Washington
In Ford, 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 Spokane 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 Ford, 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 Ford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Ford are both $2,133, found in the 99013 zip code.
Average Ford Assessed Value
$301,840
Average Spokane County Assessed Value
$369,800
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ford, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99013 | $135,436 | $229,950 | $301,840 | $378,095 | $451,340 |
Source: Ownwell
$1,148
Average Ford Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Ford, Washington
In Ford, Spokane County, WA, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor's office. The median home price in Ford is $301,840, and the property tax rate is applied to this assessed value to determine your annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. Homeowners in Ford can expect property tax bills ranging from $1,161 at the 25th percentile to $3,211 at the 90th percentile. High property tax bills can be a financial burden for homeowners. Ownwell offers property tax appeal and exemption services to help reduce this burden. By analyzing your property's assessed value and comparing it to similar properties, Ownwell identifies discrepancies and assists in filing appeals to potentially lower your tax bill. With their expertise, homeowners in Ford can save significantly on their property taxes, ensuring they pay only their fair share.
Average Ford Tax Bill
$2,133
Average Spokane County Tax Bill
$3,417
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Ford, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99013 | $353 | $1,161 | $2,133 | $2,684 | $3,211 |
Source: Ownwell
$1,148
Average Ford Tax Savings
Save on your property taxes & more with 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 | |
---|---|
Spokane Tax Assessor | |
Phone | (509) 477-3698 |
Website | cp.spokanecounty.org |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.