Starbuck, Washington Property Taxes
The median property tax rate in Starbuck, WA is 0.78%, notably lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Starbuck, the typical annual property tax bill amounts to $228, significantly below the national median of $2,690. Property taxes in Starbuck 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 Starbuck'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 Starbuck 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
Starbuck, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$230
$213
Ownwell’s Starbuck Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Starbuck with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Starbuck 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 Starbuck, Washington
Property taxes in Starbuck, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Starbuck is 0.78%, lower than the U.S. national median of 0.99%. Local government entities within Starbuck set these rates annually, and they can vary significantly across different neighborhoods. Each year, Starbuck 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 Starbuck's effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 99359 has the same median property tax rate of 0.78%. Understanding how these cities compare with Starbuck provides valuable insights into the varying tax landscape across Columbia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Starbuck Tax Rate
0.78%
Average Columbia County Tax Rate
1.11%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Starbuck, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99359 | 0.78% | 0.78% | 0.78% | 0.78% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Starbuck, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Starbuck, Washington. 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 Columbia 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 Starbuck, 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 Starbuck helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 99359 has both the highest and lowest median tax bill at $228, indicating a relatively uniform property tax landscape within the area.
Average Starbuck Assessed Value
$29,450
Average Columbia County Assessed Value
$131,885
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Starbuck, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99359 | $1,100 | $10,550 | $29,450 | $71,600 | $139,384 |
Source: Ownwell
Property Tax Bills Across Starbuck, Washington
In Starbuck, Columbia County, WA, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by the county assessor and reflects the market value of the property. The tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax amount. Homeowners in Starbuck experience varied tax bills, with the 25th percentile paying around $82 annually, while those in the 75th percentile pay approximately $591. The top 10% of homeowners face a tax bill nearing $1,094. Comparatively, the median property tax rate in Starbuck is significantly lower than the national median of 0.99%. This calculation method ensures that property taxes are proportionate to property values, influencing homeowners' financial planning and potentially affecting the local real estate market. Understanding these factors can help homeowners anticipate their tax obligations and manage their finances more effectively.
Average Starbuck Tax Bill
$228
Average Columbia County Tax Bill
$1,310
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Starbuck, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99359 | $8 | $82 | $228 | $591 | $1,094 |
Source: Ownwell