Connell, Washington Property Taxes
The median property tax rate in Connell, WA is 0.42%, significantly lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Connell at $790,305, the typical annual property tax bill amounts to $4,974, surpassing the national median of $2,690. Property taxes in Connell are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Connell'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 Connell 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
Connell, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.42%
Estimate Property Tax Bill
$3,319
$3,243
Ownwell’s Connell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Connell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Connell 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 Connell, Washington
Property taxes in Connell, Washington, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Connell is 0.42%, significantly lower than the U.S. national median of 0.99%. Local government entities within Connell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Connell 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 Connell's effective property tax rate to other regions in Washington and the national median. For comparison, the zip code 99326 has both the highest and lowest median property tax rate of 0.42%, illustrating a uniform tax landscape within the area. Understanding how these cities compare with Connell provides valuable insights into the varying tax landscape across Walla Walla County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Connell Tax Rate
0.42%
Average Walla Walla County Tax Rate
0.91%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Connell, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99326 | 0.42% | 0.42% | 0.42% | 0.42% | 0.42% |
Source: Ownwell
Property Tax Assessment Values Across Connell, Washington
In Connell, 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 Walla Walla 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 Connell, 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 Connell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $4,974, found in the 99326 zip code.
Average Connell Assessed Value
$790,305
Average Walla Walla County Assessed Value
$340,770
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Connell, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99326 | $475,485 | $593,542 | $790,305 | $987,068 | $1,105,125 |
Source: Ownwell
Property Tax Bills Across Connell, Washington
In Connell, located in Walla Walla County, WA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value typically reflects a percentage of the property's market value. Homeowners in Connell can expect their tax bills to be influenced by the median home price, which stands at $790,305. The property tax rate in Connell is applied to this assessed value to determine the annual tax bill. For example, tax bills in the 25th, 75th, and 90th percentiles all stand at $4,974, indicating a consistent tax rate across various property values. This rate can be compared to the national median property tax rate of 0.99%, highlighting how local tax policies impact homeowners. High property taxes can significantly affect homeowners by increasing the cost of owning a home, potentially influencing decisions on purchasing or selling property in the area. Understanding these factors is crucial for homeowners to manage their financial planning effectively.
Average Connell Tax Bill
$4,974
Average Walla Walla County Tax Bill
$3,092
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Connell, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99326 | $4,974 | $4,974 | $4,974 | $4,974 | $4,974 |
Source: Ownwell