Longview, Washington Property Taxes
The median property tax rate in Longview, WA is 0.78%, 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 Longview at $188,450, the typical annual property tax bill is $1,713, falling below the national median of $2,690. Property taxes in Longview are calculated based on the assessed value, which often is lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Longview'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 Longview or another part of Wahkiakum County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Longview, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$1,470
$1,436
Ownwell’s Longview Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Longview with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Longview 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 Longview, Washington
Property taxes in Longview, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Longview is 0.78%, lower than the U.S. national median of 0.99%. Local government entities within Longview set these rates annually, and they can vary significantly across different neighborhoods. Each year, Longview 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 Longview's effective property tax rate to other counties in Washington and the national median. For comparison, the 98632 zip code has the highest median property tax rate of 0.78%, while the same zip code also has the lowest median tax rate of 0.78%. Understanding how these cities compare with Longview provides valuable insights into the varying tax landscape across Wahkiakum County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Longview Tax Rate
0.78%
Average Wahkiakum County Tax Rate
0.74%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Longview, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98632 | 0.72% | 0.76% | 0.78% | 0.84% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Longview, Washington
In Longview, 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 Wahkiakum 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 Longview, 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 Longview helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,713, found in the 98632 zip code.
Average Longview Assessed Value
$188,450
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 Longview, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98632 | $81,680 | $100,150 | $188,450 | $239,575 | $356,250 |
Source: Ownwell
Property Tax Bills Across Longview, Washington
In Longview, 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. For example, with a median home price of $188,450, the property tax rate in this region results in a tax bill that can vary significantly. Homeowners in the 25th percentile pay around $763, while those in the 75th percentile face bills of up to $2,086. The 90th percentile sees even higher amounts, reaching $2,754. Several factors influence these variations, including property size, location, and improvements. Homeowners in the zip code 98632 experience a consistent median tax bill of $1,713, which is higher than the national median property tax rate of 0.99%. These property taxes fund essential local services like schools, infrastructure, and emergency services, directly impacting the community's quality of life. Understanding how these elements contribute to the overall tax bill helps homeowners anticipate and manage their financial responsibilities effectively.
Average Longview Tax Bill
$1,713
Average Wahkiakum County Tax Bill
$1,926
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Longview, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98632 | $486 | $763 | $1,713 | $2,086 | $2,754 |
Source: Ownwell