Point Roberts, Washington Property Taxes
The median property tax rate in Point Roberts, WA is 0.76%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $228,427 in Point Roberts, the typical annual property tax bill amounts to $1,785, falling below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is generally lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Point Roberts' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Point Roberts or another part of Whatcom County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Point Roberts, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$1,736
$1,696
$1,148
Average Point Roberts, Washington Tax Savings
Ownwell’s Point Roberts Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Point Roberts with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Point Roberts 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 Point Roberts. 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 Whatcom County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Point Roberts, Washington
Property taxes in Point Roberts, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Point Roberts is 0.76%, which is lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Point Roberts set these rates annually, and they can vary significantly across different neighborhoods. Each year, Point Roberts 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 Point Roberts' effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 98281 has the highest median property tax rate of 0.76%, while the same zip code also has the lowest median tax rate of 0.76%. Understanding how these rates compare with Point Roberts provides valuable insights into the varying tax landscape across Whatcom County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Point Roberts Tax Rate
0.76%
Average Whatcom County Tax Rate
0.73%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Point Roberts, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98281 | 0.64% | 0.68% | 0.76% | 0.81% | 0.84% |
Source: Ownwell
$1,148
Average Point Roberts Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Point Roberts, Washington
In Point Roberts, 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 Whatcom 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 Point Roberts, 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 Point Roberts helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 98281, with a median of $1,785, which is also the lowest median tax bill in the area.
Property Tax Assessment Values Across Point Roberts, Washington
Source: Ownwell
$20,896
$348,565
$676,233
Average Point Roberts Assessed Value
$228,427
Average Whatcom County Assessed Value
$517,614
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Point Roberts, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98281 | $42,240 | $60,140 | $228,427 | $373,853 | $659,001 |
Source: Ownwell
$1,148
Average Point Roberts Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Point Roberts, Washington
In Point Roberts, WA, property tax bills are calculated based on the assessed value of your home, which is determined by the Whatcom County Assessor. This assessed value is then multiplied by the local tax rate to determine your annual tax bill. With a median home price of $228,427, the tax bills can vary significantly, ranging from $409 at the 25th percentile to $4,835 at the 90th percentile. Several factors influence your tax bill, including property improvements, market conditions, and local tax levies. These variations can significantly impact homeowners, making it essential to ensure that your property is assessed accurately. Ownwell assists homeowners in Point Roberts by offering property tax appeal and exemption services. By analyzing your property's assessed value and comparing it to similar properties, Ownwell can identify discrepancies and file appeals on your behalf. This process can potentially reduce your tax bill, ensuring you are not overpaying. Trust Ownwell to help you navigate the complexities of property taxes and save money.
Average Point Roberts Tax Bill
$1,785
Average Whatcom County Tax Bill
$3,632
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Point Roberts, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98281 | $269 | $409 | $1,785 | $2,799 | $4,835 |
Source: Ownwell
$1,148
Average Point Roberts Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Appeal Deadline | December 19 |
Tax Bill | |
Issued | February 10 |
Due Date #1 | April 30 |
Due Date #2 | October 31 |
Links | |
---|---|
Whatcom Tax Assessor | |
Website | property.spatialest.com |
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