Sequim, Washington Property Taxes
The median property tax rate in Sequim, WA is 0.77%, which is notably lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Sequim at $431,808, the typical annual property tax bill amounts to $3,300, surpassing the national median of $2,690. Property taxes in Sequim are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Sequim'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 Sequim 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
Sequim, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$3,325
$3,085
Ownwell’s Sequim Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sequim with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sequim to provide an estimate of your property tax bill. This valuable tool helps you grasp potential tax liabilities. For those who want to dive deeper into neighborhood-level trends, more localized information is available below. Your property’s assessed value is determined by Clallam County for tax calculations and considers any applicable exemptions.
Property Tax Rates Across Sequim, Washington
Property taxes in Sequim, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sequim is 0.77%, lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Sequim set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sequim 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 Sequim's effective property tax rate to other counties in Washington and the national median. For comparison, the 98382 zip code has the highest median property tax rate of 0.77%, while the 98382 zip code has the lowest median tax rate of 0.77%. Understanding how these cities compare with Sequim 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 Sequim Tax Rate
0.77%
Average Clallam County Tax Rate
0.81%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sequim, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98382 | 0.72% | 0.77% | 0.77% | 0.78% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Sequim, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Sequim, WA. 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 Appraisal District 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 Sequim, 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 Sequim helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Sequim is $431,808, with tax bills ranging from $2,213 at the 25th percentile to $5,894 at the 90th percentile.
Average Sequim Assessed Value
$431,808
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 Sequim, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98382 | $192,532 | $311,184 | $431,808 | $578,228 | $758,247 |
Source: Ownwell
Property Tax Bills Across Sequim, Washington
Property tax bills in Sequim, located in Clallam County, WA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and is intended to reflect the market value of the property. Factors such as property size, location, and improvements can influence this value. Sequim’s property tax rate is applied to the assessed value to determine the annual tax bill. For homeowners in Sequim, the median home price is $431,808. Tax bills can vary widely, with the 25th percentile at $2,213 and the 75th percentile at $4,463, indicating a significant range depending on property values and specific circumstances. At the 90th percentile, tax bills can reach up to $5,894. Comparatively, the national median property tax rate is 0.99%, making it essential for Sequim homeowners to understand their local rates and assessed values, as these directly impact their annual tax obligations and overall financial planning.
Average Sequim Tax Bill
$3,300
Average Clallam County Tax Bill
$3,024
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Sequim, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98382 | $894 | $2,213 | $3,300 | $4,463 | $5,894 |
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 |