Evans, Washington Property Taxes
The median property tax rate in Evans, WA is 0.86%, slightly below both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Evans at $154,721, the typical annual property tax bill reaches $1,309, which is significantly less than the national median of $2,690. Property taxes in Evans are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Evans'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 Evans 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
Evans, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$1,331
$1,300
Ownwell’s Evans Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Evans with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Evans to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Evans, Washington
Property taxes in Evans, Washington, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Evans is 0.86%, which is lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Evans set these rates annually, and they can vary significantly across different neighborhoods. Each year, Evans 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 Evans's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 99126 has both the highest and lowest median property tax rate of 0.86%. Understanding how these cities compare with Evans provides valuable insights into the varying tax landscape across Stevens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Evans Tax Rate
0.86%
Average Stevens County Tax Rate
0.88%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Evans, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99126 | 0.69% | 0.83% | 0.86% | 0.89% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Evans, Washington
In Evans, 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 Stevens 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. Assessment notices in Evans 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 Evans helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in Evans is $1309 in zip code 99126.
Average Evans Assessed Value
$154,721
Average Stevens County Assessed Value
$158,721
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Evans, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99126 | $47,534 | $86,515 | $154,721 | $223,111 | $314,676 |
Source: Ownwell
Property Tax Bills Across Evans, Washington
In Evans, located in Stevens County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. The median home price in Evans is $154,721, and the tax rate in the area is reflective of the national median property tax rate of 0.99%. Homeowners in Evans can expect their tax bills to vary significantly. For instance, those in the 25th percentile pay around $655 annually, while those in the 75th percentile face bills of approximately $1,967. At the higher end, the 90th percentile sees tax bills reaching up to $2,762. These variations are influenced by the property's assessed value and any applicable exemptions. Understanding these factors is crucial for homeowners as property taxes are a significant part of homeownership costs, impacting budgeting and financial planning.
Average Evans Tax Bill
$1,309
Average Stevens County Tax Bill
$1,378
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Evans, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99126 | $343 | $655 | $1,309 | $1,967 | $2,762 |
Source: Ownwell