Leavenworth, Washington Property Taxes
The median property tax rate in Leavenworth, WA is 0.80%, 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 Leavenworth at $423,023, the typical annual property tax bill reaches $3,248, surpassing the national median of $2,690. Property taxes in Leavenworth 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 Leavenworth'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 Leavenworth or another part of Chelan County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Leavenworth, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$3,384
$3,140
Ownwell’s Leavenworth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Leavenworth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Leavenworth 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 Leavenworth, Washington
Property taxes in Leavenworth, Washington, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Leavenworth is 0.80%, which is lower than the U.S. national median of 0.99%. Local government entities within Leavenworth set these rates annually, and they can vary across different neighborhoods. Each year, Leavenworth 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 Leavenworth's effective property tax rate to other counties in Washington and the national median. For comparison, the 98826 zip code has both the highest and lowest median property tax rate of 0.80%. Understanding how these areas compare with Leavenworth provides valuable insights into the varying tax landscape across Chelan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Leavenworth Tax Rate
0.80%
Average Chelan County Tax Rate
0.83%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Leavenworth, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98826 | 0.78% | 0.78% | 0.80% | 0.81% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Leavenworth, Washington
In Leavenworth, 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 Chelan County Assessor's Office 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 Leavenworth, 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 Leavenworth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the median tax bill in the 98826 zip code stands at $3,248, offering a clear picture of property tax expectations in the area.
Property Tax Assessment Values Across Leavenworth, Washington
Source: Ownwell
$154,800
$288,912
$423,023
Average Leavenworth Assessed Value
$423,023
Average Chelan County Assessed Value
$334,049
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Leavenworth, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98826 | $83,388 | $229,744 | $423,023 | $690,112 | $994,701 |
Source: Ownwell
Property Tax Bills Across Leavenworth, Washington
In Leavenworth, located in Chelan County, WA, property tax bills are primarily 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 calculate the property tax bill. The median home price in Leavenworth is $423,023, and the local tax rates can lead to varying property tax bills across different percentiles. For instance, homeowners in the 25th percentile can expect to pay around $1,630, while those in the 75th percentile may see bills as high as $5,381. The highest median tax bill in the area is $3,248, with the corresponding zip code being 98826. These property taxes impact homeowners by influencing their overall cost of living and can affect decisions related to homeownership and property investments. Compared to the national median property tax rate of 0.99%, Leavenworth's tax rates and resultant bills highlight the variability and potential financial implications for residents in this picturesque city.
Average Leavenworth Tax Bill
$3,248
Average Chelan County Tax Bill
$2,713
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Leavenworth, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98826 | $479 | $1,630 | $3,248 | $5,381 | $7,842 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| Chelan Tax Assessor | |
| Website | pacs.co.chelan.wa.us |