Sekiu, Washington Property Taxes
The median property tax rate in Sekiu, WA is 0.88%, aligning with the Washington state median but slightly below the national median of 0.99%. With the median home value in Sekiu at $163,712, the typical annual property tax bill reaches $1,350, significantly lower than the national median of $2,690. Property taxes in Sekiu are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sekiu'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 Sekiu 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
Sekiu, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,441
$1,337
Ownwell’s Sekiu Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sekiu with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sekiu 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 Sekiu, Washington
Property taxes in Sekiu, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sekiu is 0.88%, which is lower than the U.S. national median of 0.99%. Local government entities within Sekiu set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sekiu 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 Sekiu's effective property tax rate to other areas in Clallam County and the national median. For comparison, the zip code 98381 has both the highest and lowest median property tax rate of 0.88%, highlighting the uniformity within Sekiu. Understanding how these rates compare with Sekiu 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 Sekiu Tax Rate
0.88%
Average Clallam County Tax Rate
0.81%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sekiu, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98381 | 0.83% | 0.88% | 0.88% | 0.89% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Sekiu, Washington
In Sekiu, 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 Sekiu, 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 Sekiu helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Sekiu is $163,712, with tax bills ranging from $560 at the 25th percentile to $3,302 at the 90th percentile. The highest and lowest median tax bills both occur in zip code 98381, amounting to $1,350.
Average Sekiu Assessed Value
$163,712
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 Sekiu, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98381 | $17,756 | $66,487 | $163,712 | $283,282 | $374,922 |
Source: Ownwell
Property Tax Bills Across Sekiu, Washington
In Sekiu, property tax bills are calculated primarily based on the assessed value of the home. The assessed value is determined by the county assessor's office and reflects the market value of the property. Homeowners in Sekiu, located in Clallam County, experience property tax bills that can vary significantly. For instance, the 25th percentile tax bill is around $560, while the 75th percentile reaches up to $2,471. At the 90th percentile, homeowners might see tax bills as high as $3,302. The median home price in Sekiu is $163,712, and the property tax rate is a crucial factor in determining the final bill. Compared to the national median property tax rate of 0.99%, the tax rate in Sekiu is relatively moderate. These property taxes fund essential local services such as schools, public safety, and infrastructure. For homeowners, understanding these factors is key to anticipating their annual property tax obligations and managing their household budgets effectively.
Average Sekiu Tax Bill
$1,350
Average Clallam County Tax Bill
$3,024
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Sekiu, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98381 | $144 | $560 | $1,350 | $2,471 | $3,302 |
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 |