Peshastin, Chelan County, Washington Property Taxes
Median Peshastin, WA effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Peshastin, WA home value: $288,922
Median annual Peshastin, WA tax bill: $2,203, $197 lower than the national median property tax bill of $2,400.
How are property taxes in Chelan calculated?
Property taxes in Peshastin, WA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Peshastin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Peshastin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Peshastin, Chelan County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.78%
Estimate Property Tax Bill
$2,254
$2,091
Property Tax Rates Across Peshastin, Chelan County, Washington
Local government entities in Washington set property tax rates, which can vary widely across the state. Each year, counties like Chelan estimate their required budget for services and divide it by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws are part of the equation in setting these rates and budgets, this is the essence of the annual process.
In Peshastin, located in Chelan County, the effective property tax rate offers a unique perspective compared to other cities in Washington. With a median property tax rate of 0.78%, Peshastin aligns with the highest and lowest rates in the area, reflecting a consistent approach within its zip code. This rate is notably lower than the national median property tax rate of 1.02%, offering potential savings for property owners in the region. While the national median property tax bill stands at $2400, the rates in Peshastin can provide a more favorable financial outlook for homeowners. Understanding these rates can help property owners in Peshastin make informed decisions about their investments and potential savings.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Peshastin Tax Rate
0.78%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Chelan County Tax Rate
0.83%
Median Effective Washington Tax Rate
0.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Peshastin, Chelan County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98847 | 0.75% | 0.76% | 0.78% | 0.81% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Peshastin, Chelan County, Washington
When examining property taxes in Peshastin, WA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Chelan County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Chelan County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Peshastin. For example, the median home price in Peshastin is $288,922, with tax bills ranging significantly across the county. Zip code 98847 has the highest median home price at $288,922.
Property Tax Assessment Values Across Peshastin, Chelan County, Washington
Source: Ownwell
$175,405
$299,214
$423,023
Median Peshastin Market Value
$288,922
Median Chelan County Market Value
$334,049
Median Washington Market Value
$482,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Peshastin, Chelan County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98847 | $80,233 | $141,415 | $288,922 | $492,142 | $739,819 |
Source: Ownwell
Property Tax Bills Across Peshastin, Chelan County, Washington
Median Peshastin Tax Bill
$2,203
Median Chelan County Tax Bill
$2,713
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across Peshastin, Chelan County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98847 | $520 | $996 | $2,203 | $3,815 | $5,684 |
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 |