Wahkiakum County Property Taxes
The median property tax rate in Wahkiakum County is 0.74%, 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 $266,600 in Wahkiakum County, the typical annual property tax bill amounts to $1,926, significantly below the national median of $2,690. Property taxes in Wahkiakum County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Wahkiakum County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you live in Cathlamet or another part of Wahkiakum County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wahkiakum County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$1,973
$1,927
Ownwell’s Wahkiakum Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Wahkiakum with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Wahkiakum to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Wahkiakum County, Washington
Property taxes in Wahkiakum County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Wahkiakum County is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Wahkiakum County set these rates annually, and they can vary significantly between different areas within the county. Each year, Wahkiakum County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Wahkiakum County's effective property tax rate with other areas in Washington and the national median. For comparison, the city of Longview has one of the higher property tax rates in Washington at 0.78%, while the city of Skamokawa boasts one of the lowest at 0.71%. Analyzing how Wahkiakum County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Wahkiakum County Tax Rate
0.74%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Wahkiakum County, Washington
In Wahkiakum County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Wahkiakum County Appraisal District. The assessed value, however, 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 Wahkiakum County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Wahkiakum County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. The city with the highest median tax bill is Cathlamet at $2,172, while Skamokawa has the lowest at $1,248.
Property Tax Assessment Values Across Wahkiakum County, Washington
Source: Ownwell
$107,300
$197,425
$287,550
Average Wahkiakum County Assessed Value
$266,600
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Wahkiakum County, Washington
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cathlamet | $44,760 | $170,800 | $287,550 | $394,500 | $490,340 |
| Grays River | $79,360 | $121,700 | $207,100 | $283,775 | $360,270 |
| Longview | $81,680 | $100,150 | $188,450 | $239,575 | $356,250 |
| Naselle | $83,740 | $156,800 | $261,800 | $319,800 | $388,340 |
| Rosburg | $98,280 | $148,000 | $228,700 | $318,300 | $428,680 |
| Skamokawa | $64,260 | $112,875 | $206,850 | $317,550 | $401,390 |
Source: Ownwell
Property Tax Bills Across Wahkiakum County, Washington
In Wahkiakum County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as property location, market conditions, and any applicable exemptions or deductions also play a role in the final calculation. For instance, the median home price in Wahkiakum County is $266,600. Homeowners in the 25th percentile can expect a tax bill around $974, while those in the 75th percentile might see bills as high as $2,758. The highest median tax bill is found in Cathlamet at $2,172, whereas Skamokawa has the lowest at $1,248. These figures illustrate the range of property tax bills within the county, highlighting how location and property value significantly impact what homeowners owe. Compared to the national median property tax rate of 0.99%, Wahkiakum County's rates can vary, making it crucial for homeowners to understand their specific assessments and tax obligations.
Average Wahkiakum County Tax Bill
$1,926
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690