Toutle, Washington Property Taxes
The median property tax rate in Toutle, WA is 0.89%, slightly lower than the national median of 0.99% but just above the Washington state median of 0.88%. With the median home value in Toutle at $329,490, the typical annual property tax bill reaches $2,806, which is still below the national median of $2,690. Property taxes in Toutle 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 Toutle’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 Toutle 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
Toutle, Washington Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,760
Ownwell’s Toutle Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Toutle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Toutle to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available by scrolling down. Your property’s assessed value is the value assigned by Cowlitz County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Toutle, Washington
Property taxes in Toutle, Washington, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Toutle is 0.89%, slightly lower than the U.S. national median of 0.99%. Local government entities within Toutle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Toutle 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 Toutle's effective property tax rate to other regions in Washington and the national median. For comparison, the zip code 98649 in Toutle has a median property tax rate of 0.89%. Understanding how these figures compare with Toutle 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 Toutle Tax Rate
0.89%
Average Cowlitz County Tax Rate
0.89%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Toutle, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98649 | 0.74% | 0.88% | 0.89% | 0.90% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Toutle, Washington
In Toutle, 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 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 Toutle, 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 Toutle helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 98649 has both the highest and lowest median tax bill at $2806.
Average Toutle Assessed Value
$329,490
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 Toutle, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98649 | $67,371 | $216,895 | $329,490 | $456,278 | $580,886 |
Source: Ownwell
Property Tax Bills Across Toutle, Washington
Property tax bills in Toutle, located in Cowlitz County, WA, are determined by assessing the value of a property and applying the local tax rate. The assessed value is based on the market value of the home, which is then multiplied by the local tax rate to calculate the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. In Toutle, the median home price is $329,490, which helps to gauge the overall tax burden for homeowners. The tax bills can vary significantly. For instance, the 25th percentile tax bill is $1,355, while the 75th percentile reaches $4,025. At the 90th percentile, homeowners might see tax bills as high as $5,103. The highest median tax bill in the area is $2,806, which is notably higher than the national median property tax rate of 0.99%. These variations can significantly impact homeowners' financial planning, making it crucial to understand how property taxes are calculated and how they fluctuate within the region.
Average Toutle Tax Bill
$2,806
Average Cowlitz County Tax Bill
$3,062
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Toutle, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98649 | $437 | $1,355 | $2,806 | $4,025 | $5,103 |
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 |