Amboy, Washington Property Taxes
The median property tax rate in Amboy, WA is 0.99%, aligning with the national median of 0.99% but higher than the Washington state median of 0.88%. With the median home value in Amboy at $428,435, the typical annual property tax bill reaches $4,103, significantly surpassing the national median of $2,690. Property taxes in Amboy 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 Amboy'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 Amboy 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
Amboy, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$4,242
$4,144
Ownwell’s Amboy Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Amboy with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Amboy 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 Amboy, Washington
Property taxes in Amboy, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Amboy is 0.99%, aligning with both the Washington state median and the U.S. national median of 0.99%. Local government entities within Amboy set these rates annually, and they can vary significantly across different neighborhoods. Each year, Amboy 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 Amboy's effective property tax rate to other counties in Washington and the national median. For comparison, the 98601 zip code has the highest median property tax rate of 0.99%, while the same zip code also has the lowest median tax rate of 0.99%. Understanding how these cities compare with Amboy provides valuable insights into the varying tax landscape across Cowlitz County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Amboy Tax Rate
0.99%
Average Cowlitz County Tax Rate
0.89%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Amboy, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98601 | 0.99% | 0.99% | 0.99% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Amboy, Washington
In Amboy, 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 Cowlitz 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 Amboy, 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 Amboy 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 $4,103 in the 98601 zip code.
Average Amboy Assessed Value
$428,435
Average Cowlitz County Assessed Value
$335,640
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Amboy, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98601 | $235,196 | $331,838 | $428,435 | $524,410 | $619,599 |
Source: Ownwell
Property Tax Bills Across Amboy, Washington
In Amboy, Washington, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor and is typically a percentage of the property's market value. For homeowners in Amboy, the median home price is $428,435. Property tax rates in this region vary, but the national median property tax rate is 0.99%. Factors influencing the tax bill include the assessed value, local tax levies, and any applicable exemptions. For instance, the 25th percentile tax bill in Amboy is $2,982, while the 75th percentile reaches $5,199. The 90th percentile tax bill is as high as $6,137, reflecting the range of property values and tax rates within the area. These tax bills can significantly impact homeowners, influencing monthly mortgage payments and overall housing affordability. Understanding how these factors interplay helps homeowners plan their finances better and potentially seek exemptions or appeals to reduce their tax burden.
Average Amboy Tax Bill
$4,103
Average Cowlitz County Tax Bill
$3,062
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Amboy, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98601 | $2,198 | $2,982 | $4,103 | $5,199 | $6,137 |
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 | |
|---|---|
| Cowlitz Tax Assessor | |
| Website | cowlitzinfo.net |