Neah Bay, Washington Property Taxes
The median property tax rate in Neah Bay, WA is 0.83%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value in Neah Bay of $182,247, the typical annual property tax bill comes to $1,511, significantly below the national median of $2,690. Property taxes in Neah Bay are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Neah Bay'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 Neah Bay or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Neah Bay, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$1,513
$1,404
Ownwell’s Neah Bay Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Neah Bay with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Neah Bay 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 Neah Bay, Washington
Property taxes in Neah Bay, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Neah Bay is 0.83%, which is lower than the U.S. national median of 0.99%. Local government entities within Neah Bay set these rates annually, and they can vary significantly across different neighborhoods. Each year, Neah Bay 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 Neah Bay's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 98357 has the highest median property tax rate of 0.83%, while the same zip code also has the lowest median tax rate of 0.83%. Understanding how these cities compare with Neah Bay provides valuable insights into the varying tax landscape across Clallam County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Neah Bay Tax Rate
0.83%
Average Clallam County Tax Rate
0.81%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Neah Bay, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98357 | 0.25% | 0.62% | 0.83% | 0.83% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Neah Bay, Washington
In Neah Bay, 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 Clallam 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 Neah Bay, 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. The median home price in Neah Bay is $182,247, with the 25th percentile tax bill at $736 and the 75th percentile at $2,861. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Neah Bay Assessed Value
$182,247
Average Clallam County Assessed Value
$360,554
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Neah Bay, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98357 | $39,227 | $90,637 | $182,247 | $344,742 | $523,744 |
Source: Ownwell
Property Tax Bills Across Neah Bay, Washington
In Neah Bay, located in Clallam County, WA, property tax bills are determined by assessing the value of a property and applying the local tax rate to this assessed value. The median home price in Neah Bay is $182,247. Property taxes are influenced by several factors, including the assessed value of the property, the local tax rate, and any applicable exemptions or deductions. Homeowners in Neah Bay can expect varying tax bills depending on their property’s assessed value. For instance, the 25th percentile tax bill is around $736, while the 75th percentile tax bill is approximately $2,861. At the higher end, the 90th percentile tax bill reaches $4,337. The highest median tax bill recorded in the area is $1,511. These property taxes fund essential public services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Neah Bay’s property tax bills reflect the local economic conditions and public service requirements, directly impacting homeowners' annual financial obligations.
Average Neah Bay Tax Bill
$1,511
Average Clallam County Tax Bill
$3,024
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Neah Bay, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98357 | $294 | $736 | $1,511 | $2,861 | $4,337 |
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 | |
|---|---|
| Clallam Tax Assessor | |
| Website | websrv22.clallam.net |