Anatone, Washington Property Taxes
The median property tax rate in Anatone, WA, is 1.05%, slightly higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Anatone at $84,485, the typical annual property tax bill amounts to $752, which is significantly lower than the national median of $2,690. Property taxes in Anatone are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Anatone's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Anatone or another part of Asotin County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Anatone, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$887
$823
Ownwell’s Anatone Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Anatone with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Anatone 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 Anatone, Washington
Property taxes in Anatone, Washington, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Anatone is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within Anatone set these rates annually, and they can vary significantly across different neighborhoods. Each year, Anatone 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 Anatone's effective property tax rate to other areas in Asotin County and the national median. For comparison, the 99403 zip code has the highest median property tax rate of 1.11%, while the 99401 zip code has the lowest median tax rate of 1.05%. Understanding how these areas compare with Anatone provides valuable insights into the varying tax landscape across Asotin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anatone Tax Rate
1.05%
Average Asotin County Tax Rate
1.10%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anatone, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99401 | 1.02% | 1.03% | 1.05% | 1.10% | 1.12% |
| 99402 | 1.05% | 1.05% | 1.05% | 1.05% | 1.05% |
| 99403 | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Anatone, Washington
In Anatone, 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 Asotin County Appraisal District 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. 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. For example, the highest median tax bill in Anatone is $958 in the 99402 zip code, whereas the lowest is $362 in the 99403 zip code. 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 Anatone helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Anatone Assessed Value
$84,485
Average Asotin County Assessed Value
$158,100
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Anatone, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99401 | $11,800 | $35,450 | $84,485 | $174,812 | $242,211 |
| 99402 | $91,100 | $91,100 | $91,100 | $91,100 | $91,100 |
| 99403 | $32,565 | $32,565 | $32,565 | $32,565 | $32,565 |
Source: Ownwell
Property Tax Bills Across Anatone, Washington
In Anatone, Asotin County, WA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and reflects the market value of the property. This value is then multiplied by the local tax rate to determine the annual tax bill. Various factors influence the assessed value, including property size, location, and market conditions. For homeowners in Anatone, the median home price is $84,485. Property tax bills can vary significantly, with the 25th percentile tax bill at $384 and the 75th percentile at $1,653. The highest median tax bill in the area is $958, while the lowest is $362. Compared to the national median property tax rate of 0.99%, homeowners in Anatone experience a range of tax bills, reflecting the diverse property values within the region. These property tax bills directly impact homeowners' annual expenses, influencing budgeting and financial planning.
Average Anatone Tax Bill
$752
Average Asotin County Tax Bill
$1,692
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Anatone, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99401 | $137 | $385 | $752 | $1,657 | $2,389 |
| 99402 | $958 | $958 | $958 | $958 | $958 |
| 99403 | $362 | $362 | $362 | $362 | $362 |
Source: Ownwell