Stehekin, Washington Property Taxes
The median property tax rate in Stehekin, WA is 0.55%, significantly lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $186,279 in Stehekin, the typical annual property tax bill is approximately $909, well below the national median of $2,690. Property taxes in Stehekin are based on the assessed value, which is often less than the market value due to various exemptions, including primary residence and agricultural exemptions. Grasping Stehekin's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're in the heart of Stehekin or elsewhere in the city, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Stehekin, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.55%
Estimate Property Tax Bill
$1,025
$951
Ownwell’s Stehekin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stehekin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stehekin 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 Stehekin, Washington
Property taxes in Stehekin, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stehekin is 0.55%, which is lower than the U.S. national median of 0.99%. Local government entities within Stehekin set these rates annually, and they can vary across different neighborhoods. Each year, Stehekin 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 Stehekin's effective property tax rate to other areas in Chelan County and the national median. For comparison, the highest and lowest median property tax rates in Chelan County are both in Stehekin, at 0.55%. Understanding how these rates compare with Stehekin 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 Stehekin Tax Rate
0.55%
Average Chelan County Tax Rate
0.83%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stehekin, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98852 | 0.54% | 0.54% | 0.55% | 0.57% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Stehekin, Washington
In Stehekin, 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 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 Stehekin, 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 Stehekin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Stehekin are both $909, found in the 98852 zip code.
Average Stehekin Assessed Value
$186,279
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 Stehekin, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98852 | $61,270 | $91,124 | $186,279 | $327,324 | $422,654 |
Source: Ownwell
Property Tax Bills Across Stehekin, Washington
In Stehekin, located in Chelan County, WA, property tax bills are calculated based on the assessed value of a home. The county assessor determines this value by evaluating the market value of the property. Homeowners then pay a tax rate applied to this assessed value. With a median home price of $186,279, property tax bills can vary significantly. For instance, the 25th percentile tax bill is around $516, while the 75th percentile reaches up to $1,753. At the 90th percentile, tax bills can go as high as $2,280. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions or deductions. This variability means homeowners in Stehekin can experience different financial impacts. Compared to the national median property tax rate of 0.99%, Chelan County's rates reflect the region's specific economic and market conditions. Understanding these nuances helps homeowners better anticipate their property tax obligations and manage their finances accordingly.
Average Stehekin Tax Bill
$909
Average Chelan County Tax Bill
$2,713
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Stehekin, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98852 | $136 | $516 | $909 | $1,753 | $2,280 |
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 |