Orondo, Washington Property Taxes
The median property tax rate in Orondo, WA is 0.75%, 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 $477,200 in Orondo, the typical annual property tax bill amounts to $3,538, surpassing the national median of $2,690. Property taxes in Orondo are calculated based on the tax assessed value, often falling below the market value due to exemptions like those for primary residences and agricultural properties. Understanding Orondo's property tax system, exploring available exemptions, and identifying potential reductions can lead to significant annual savings. Whether you're in the heart of Orondo or elsewhere in Douglas County, grasping the local property tax intricacies will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Orondo, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$3,579
$3,496
Ownwell’s Orondo Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Orondo quickly and accurately. By simply entering your property's estimated assessed value, the calculator uses the median tax rate specific to Orondo to provide an accurate estimate of your property tax bill. This valuable tool offers a clear understanding of your potential tax liabilities, helping you make informed financial decisions. For those interested in more detailed insights, scroll down to explore trends and localized information on a neighborhood level. Your property’s assessed value is determined by Douglas County for tax purposes, considering any applicable exemptions.
Property Tax Rates Across Orondo, Washington
Property taxes in Orondo, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orondo is 0.75%, lower than the U.S. national median of 0.99%. Local government entities within Orondo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orondo 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 Orondo's effective property tax rate to other counties in Washington and the national median. For comparison, the 98843 zip code has the highest median property tax rate of 0.75%, while the 98843 zip code also has the lowest median tax rate of 0.75%. Understanding how these cities compare with Orondo 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 Orondo Tax Rate
0.75%
Average Douglas County Tax Rate
0.99%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orondo, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98843 | 0.69% | 0.75% | 0.75% | 0.75% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Orondo, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Orondo, 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 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 Orondo, 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 Orondo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Orondo stands at $477,200. Tax bills can vary significantly, with the 25th percentile at $1,994 and the 75th percentile at $5,324. The highest median tax bill in the area is $3,538, found in the 98843 zip code.
Average Orondo Assessed Value
$477,200
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 Orondo, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98843 | $104,900 | $274,400 | $477,200 | $714,050 | $1,099,800 |
Source: Ownwell
Property Tax Bills Across Orondo, Washington
In Orondo, located in Douglas County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor’s office. The assessed value is then multiplied by the property tax rate to determine the annual tax bill. Factors such as property location, size, and market conditions influence the assessed value. For instance, with a median home price of $477,200, homeowners in Orondo can expect varying tax bills. The 25th percentile tax bill is around $1,994, while the 75th percentile reaches $5,324, and the 90th percentile can be as high as $8,159. These figures highlight the range of property tax obligations homeowners might face, depending on their property's assessed value and specific characteristics. Compared to the national median property tax rate of 0.99%, Orondo's property taxes can significantly impact homeowners, influencing their overall cost of living and financial planning. Understanding these calculations helps homeowners better anticipate their annual expenses and manage their budgets effectively.
Average Orondo Tax Bill
$3,538
Average Douglas County Tax Bill
$3,320
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Orondo, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98843 | $668 | $1,994 | $3,538 | $5,324 | $8,159 |
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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