Washtucna, Washington Property Taxes
The median property tax rate in Washtucna, WA is 1.06%, notably higher than both the national median of 0.99% and Washington state's median of 0.88%. With the median home value in Washtucna at $50,900, the typical annual property tax bill amounts to $549, which is significantly lower than the national median of $2,690. Property taxes in Washtucna are determined based on the tax assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. By understanding Washtucna's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether residing in the heart of Washtucna or another area within Adams County, gaining insight into the local property tax system is crucial for financial planning and investment strategies.
Last Updated June 14, 2024
Washtucna, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$540
$527
Ownwell’s Washtucna Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Washtucna with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Washtucna 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 Washtucna, Washington
Property taxes in Washtucna, Washington, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Washtucna is 1.06%, which is higher than the U.S. national median of 0.99%. Local government entities within Washtucna set these rates annually, and they can vary significantly across different neighborhoods. Each year, Washtucna 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 Washtucna's effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 99371 has the highest median property tax rate of 1.06%, while the same zip code also has the lowest median tax rate of 1.06%. Understanding how these figures compare with Washtucna provides valuable insights into the varying tax landscape across Adams County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Washtucna Tax Rate
1.06%
Average Adams County Tax Rate
1.18%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Washtucna, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99371 | 0.40% | 1.03% | 1.06% | 1.11% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Washtucna, Washington
In Washtucna, 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 Adams 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 Washtucna, 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 Washtucna helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 99371, with a median tax bill of $549.
Average Washtucna Assessed Value
$50,900
Average Adams County Assessed Value
$142,200
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Washtucna, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99371 | $9,350 | $25,400 | $50,900 | $103,800 | $152,850 |
Source: Ownwell
Property Tax Bills Across Washtucna, Washington
In Washtucna, located in Adams County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $50,900, homeowners can expect to pay a tax bill that ranges from $198 at the 25th percentile to $1,559 at the 90th percentile. The median tax bill sits at $549, which is significantly lower than the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. These taxes are crucial for funding local services such as schools, public safety, and infrastructure. For homeowners, understanding these factors can help in budgeting and financial planning, ensuring they are prepared for their annual property tax obligations.
Average Washtucna Tax Bill
$549
Average Adams County Tax Bill
$1,715
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Washtucna, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99371 | $53 | $198 | $549 | $1,029 | $1,559 |
Source: Ownwell