Yacolt, Washington Property Taxes
The median property tax rate in Yacolt, WA is 0.78%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $519,350 in Yacolt, the typical annual property tax bill amounts to $3,708, surpassing the national median of $2,690. Property taxes in Yacolt are calculated based on the tax assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Yacolt'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 Yacolt 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
Yacolt, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$4,051
$3,957
$1,148
Average Yacolt, Washington Tax Savings
Ownwell’s Yacolt Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Yacolt with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Yacolt 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 Yacolt. 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 Yacolt, Washington
Property taxes in Yacolt, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Yacolt is 0.78%, which is lower than the U.S. national median of 0.99%. Local government entities within Yacolt set these rates annually, and they can vary significantly across different neighborhoods. Each year, Yacolt 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 Yacolt's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 98675 has both the highest and lowest median property tax rate of 0.78%. Understanding how these areas compare with Yacolt 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 Yacolt Tax Rate
0.78%
Average Clark County Tax Rate
0.92%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Yacolt, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98675 | 0.47% | 0.74% | 0.78% | 0.82% | 0.85% |
Source: Ownwell
$1,148
Average Yacolt Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Yacolt, Washington
In Yacolt, 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. In Yacolt, 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 Yacolt helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $3,708, found in zip code 98675.
Average Yacolt Assessed Value
$519,350
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 Yacolt, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98675 | $267,930 | $365,997 | $519,350 | $692,844 | $838,639 |
Source: Ownwell
$1,148
Average Yacolt Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Yacolt, Washington
In Yacolt, located in Clark County, WA, property tax bills are calculated based on the assessed value of the property and the local tax rate. The median home price in Yacolt is $519,350, which significantly influences the tax bill. Homeowners typically see tax bills ranging from $2,611 at the 25th percentile to $6,275 at the 90th percentile. The highest and lowest median tax bills in the area are both $3,708, reflecting a consistent tax rate within the 98675 zip code. Several factors contribute to the final tax bill, including property improvements, neighborhood changes, and market conditions. For homeowners, these taxes can be a substantial financial burden. Ownwell helps alleviate this burden by offering property tax appeal and exemption services. Through expert analysis and representation, Ownwell ensures that homeowners are not overpaying on their property taxes, potentially saving them significant amounts annually. By challenging inaccurate assessments, Ownwell provides a valuable service that can lead to meaningful savings for Yacolt residents.
Average Yacolt Tax Bill
$3,708
Average Clark County Tax Bill
$4,274
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Yacolt, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98675 | $1,235 | $2,611 | $3,708 | $5,080 | $6,275 |
Source: Ownwell
$1,148
Average Yacolt Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 5 |
| 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 | |
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