Grand Coulee, Washington Property Taxes
The median property tax rate in Grand Coulee, WA is 0.81%, 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 $159,900 in Grand Coulee, the typical annual property tax bill amounts to $1,303, falling below the national median of $2,690. Property taxes in Grand Coulee are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Grand Coulee'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 Grand Coulee 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
Grand Coulee, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$1,295
$1,265
Ownwell’s Grand Coulee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Grand Coulee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Grand Coulee 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 Grand Coulee, Washington
Property taxes in Grand Coulee, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Grand Coulee is 0.81%, lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Grand Coulee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grand Coulee 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 Grand Coulee's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 99133 has both the highest and lowest median property tax rate of 0.81%. Understanding how these cities compare with Grand Coulee provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Grand Coulee Tax Rate
0.81%
Average Douglas County Tax Rate
0.99%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grand Coulee, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99133 | 0.81% | 0.81% | 0.81% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Grand Coulee, Washington
In Grand Coulee, 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 Douglas 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 Grand Coulee, 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 Grand Coulee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Grand Coulee, both the highest and lowest median tax bills are $1303, found in the 99133 zip code. This is notably higher than the national median property tax rate of 0.99%, highlighting the importance of understanding and managing your property taxes effectively.
Property Tax Assessment Values Across Grand Coulee, Washington
Source: Ownwell
$14,750
$316,925
$619,100
Average Grand Coulee Assessed Value
$159,900
Average Douglas County Assessed Value
$332,000
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Grand Coulee, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99133 | $19,100 | $54,300 | $159,900 | $346,450 | $415,440 |
Source: Ownwell
Property Tax Bills Across Grand Coulee, Washington
In Grand Coulee, located in Douglas County, WA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by the county assessor. Factors such as the property's size, location, and condition play a significant role in this valuation. For example, with a median home price of $159,900, homeowners can expect varying tax bills based on their property's assessed value and the applicable tax rate. The tax bill can range significantly; at the 25th percentile, homeowners might pay around $441, while those at the 75th percentile could see bills as high as $2,823. The 90th percentile tax bill can reach up to $3,380. These taxes fund essential public services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, the property tax rates in Grand Coulee reflect the local economic and policy environment, directly impacting homeowners' annual expenses.
Average Grand Coulee Tax Bill
$1,303
Average Douglas County Tax Bill
$3,320
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Grand Coulee, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99133 | $155 | $441 | $1,303 | $2,823 | $3,380 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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Appeal Deadline | July 1 |
Tax Bill | |
Issued | February 10 |
Due Date #1 | April 30 |
Due Date #2 | October 31 |
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