Woodland, Washington Property Taxes
The median property tax rate in Woodland, WA is 0.89%, slightly lower than the national median of 0.99% but higher than the Washington state median of 0.88%. With the median home value in Woodland at $564,800, the typical annual property tax bill reaches $4,506, significantly exceeding the national median of $2,690. Property taxes in Woodland are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Woodland'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 Woodland 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
Woodland, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$5,027
$4,665
$1,148
Average Tax Savings
Ownwell’s Woodland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Woodland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Woodland to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Woodland. 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 Woodland, Washington
Property taxes in Woodland, WA, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Woodland is 0.89%, slightly lower than the U.S. national median of 0.99%. Local government entities within Woodland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Woodland 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 Woodland's effective property tax rate to other counties in Washington and the national median. For comparison, the 98674 zip code has the highest median property tax rate of 0.89%, while the same 98674 zip code also has the lowest median tax rate of 0.89%. Understanding how these cities compare with Woodland provides valuable insights into the varying tax landscape across Clark County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Woodland Tax Rate
0.89%
Average Clark County Tax Rate
0.92%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Woodland, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98674 | 0.43% | 0.77% | 0.89% | 0.93% | 0.99% |
Source: Ownwell
$1,148
Average Woodland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Woodland, Washington
In Woodland, 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 Clark 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. Assessment notices in Woodland 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 Woodland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Woodland are both $4506.00, found in the 98674 zip code.
Average Woodland Assessed Value
$564,800
Average Clark County Assessed Value
$479,858
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Woodland, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98674 | $38,121 | $336,816 | $564,800 | $754,894 | $964,763 |
Source: Ownwell
$1,148
Average Woodland Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Woodland, Washington
In Woodland, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Woodland is $564,800. The tax rate, when applied to this assessed value, results in varying tax bills. For example, homeowners in the 25th percentile can expect to pay around $2,509, while those in the 75th percentile might see bills as high as $6,070. The highest median tax bill in the area is $4,506, observed in the 98674 zip code. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. These high property taxes can be a significant burden on homeowners. However, Ownwell offers professional property tax appeal and exemption services that can help reduce these costs. By leveraging expert knowledge and experience, Ownwell assists homeowners in challenging their assessed values, potentially lowering their tax bills and providing financial relief.
Average Woodland Tax Bill
$4,506
Average Clark County Tax Bill
$4,274
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Woodland, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98674 | $358 | $2,509 | $4,506 | $6,070 | $7,767 |
Source: Ownwell
$1,148
Average Woodland Tax Savings
Save on your property taxes & more with 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 | |
---|---|
Clark Tax Assessor | |
Phone | (564) 397-2391 |
Website | gis.clark.wa.gov |
assessor@clark.wa.gov |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.