Carrolls, Washington Property Taxes
The median property tax rate in Carrolls, WA is 1.00%, slightly higher than the national median of 0.99% and significantly above the Washington state median of 0.88%. With the median home value in Carrolls at $221,480, the typical annual property tax bill amounts to $2,222, which is below the national median of $2,690. Property taxes in Carrolls are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Carrolls' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Carrolls 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
Carrolls, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$2,215
$2,055
Ownwell’s Carrolls Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carrolls with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carrolls 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 Carrolls, Washington
Property taxes in Carrolls, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carrolls is 1.00%, slightly above the U.S. national median of 0.99%. Local government entities within Carrolls set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carrolls 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 Carrolls' effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 98609 has both the highest and lowest median property tax rate of 1.00%. Understanding how these areas compare with Carrolls 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 Carrolls Tax Rate
1.00%
Average Cowlitz County Tax Rate
0.89%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carrolls, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98609 | 1.00% | 1.00% | 1.00% | 1.00% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Carrolls, Washington
In Carrolls, 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. 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 Carrolls helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Carrolls are both $2,222, found in the 98609 zip code.
Average Carrolls Assessed Value
$221,480
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 Carrolls, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98609 | $66,713 | $174,102 | $221,480 | $272,610 | $363,927 |
Source: Ownwell
Property Tax Bills Across Carrolls, Washington
In Carrolls, Washington, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as the property's location, size, and improvements can influence its assessed value. For homeowners in Carrolls, the median home price is $221,480. Property tax bills in this area vary, with the 25th percentile at $1,745 and the 75th percentile at $2,730. At the 90th percentile, tax bills can reach up to $3,635. These figures highlight a range of potential financial impacts on homeowners, depending on their property's assessed value and the applicable tax rate. Compared to the national median property tax rate of 0.99%, Carrolls' property tax bills can be a significant consideration for homeowners, influencing their overall housing costs and financial planning.
Average Carrolls Tax Bill
$2,222
Average Cowlitz County Tax Bill
$3,062
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Carrolls, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98609 | $665 | $1,745 | $2,222 | $2,730 | $3,635 |
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 |