Ferry County Property Taxes
The median property tax rate in Ferry County is 0.93%, which is slightly lower than the national median of 0.99% but higher than the Washington state median of 0.88%. With the median home value in Ferry County at $101,200, the typical annual property tax bill is around $850, significantly less than the national median of $2,690. Property taxes in Ferry County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Ferry County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Republic or another part of Ferry County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ferry County 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 Ferry County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Ferry County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Ferry County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Ferry County, Washington
Property taxes in Ferry County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Ferry County is 0.93%, which is lower than the U.S. national median of 0.99%. Local government entities within Ferry County set these rates annually, and they can vary significantly between different areas within the county. Each year, Ferry County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Republic has one of the higher property tax rates in the area at 0.94%, while the city of Laurier boasts one of the lowest at 0.74%. Analyzing how Ferry County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Ferry County Tax Rate
0.93%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ferry County, Washington
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Curlew | 0.89% | 0.89% | 0.91% | 0.93% | 0.97% |
| Danville | 0.89% | 0.90% | 0.91% | 0.92% | 0.97% |
| Inchelium | 0.77% | 0.77% | 0.79% | 0.81% | 0.85% |
| Keller | 0.77% | 0.78% | 0.79% | 0.82% | 0.85% |
| Kettle Falls | 0.72% | 0.78% | 0.92% | 0.93% | 0.95% |
| Laurier | 0.55% | 0.73% | 0.74% | 0.76% | 0.79% |
| Malo | 0.81% | 0.90% | 0.91% | 0.94% | 0.96% |
| Nespelem | 0.78% | 0.78% | 0.81% | 0.82% | 0.82% |
| Orient | 0.72% | 0.73% | 0.75% | 0.76% | 0.78% |
| Post Falls | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
| Republic | 0.92% | 0.93% | 0.94% | 0.96% | 0.98% |
| Spokane | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Ferry County, Washington
In Ferry County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Ferry County Appraisal District. The assessed value, however, 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 in Ferry County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Ferry County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Kettle Falls has the highest median tax bill at $1,331, while Orient has the lowest at $530.
Property Tax Assessment Values Across Ferry County, Washington
Source: Ownwell
$40,500
$104,050
$167,600
Average Ferry County Assessed Value
$101,200
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ferry County, Washington
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Curlew | $18,050 | $52,500 | $101,400 | $180,500 | $290,430 |
| Danville | $42,400 | $65,100 | $111,800 | $192,400 | $296,580 |
| Inchelium | $20,720 | $30,975 | $79,700 | $178,450 | $274,770 |
| Keller | $7,800 | $41,000 | $79,000 | $134,600 | $267,900 |
| Kettle Falls | $35,370 | $82,400 | $159,700 | $248,725 | $351,110 |
| Laurier | $45,390 | $72,250 | $157,650 | $237,175 | $416,290 |
| Malo | $31,050 | $57,700 | $115,200 | $196,450 | $300,980 |
| Nespelem | $40,580 | $70,450 | $89,900 | $132,300 | $190,100 |
| Orient | $9,200 | $42,650 | $75,100 | $115,300 | $150,420 |
| Post Falls | $167,600 | $167,600 | $167,600 | $167,600 | $167,600 |
| Republic | $22,500 | $57,650 | $115,800 | $200,300 | $288,720 |
| Spokane | $131,400 | $131,400 | $131,400 | $131,400 | $131,400 |
Source: Ownwell
Property Tax Bills Across Ferry County, Washington
In Ferry County, WA, property tax bills are calculated based on the assessed value of a property. The assessment is determined by the county assessor, who evaluates the market value of the property and then applies the local tax rate. This rate is influenced by various factors, including funding needs for public services such as schools, infrastructure, and emergency services. Homeowners in Ferry County can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is around $422, while at the 75th percentile, it reaches approximately $1,630. The highest median tax bill in the county is found in Kettle Falls, amounting to $1,331, whereas Orient has the lowest median tax bill at $530. These variations highlight the impact of property value and local tax rates on the overall tax burden. Compared to the national median property tax rate of 0.99%, Ferry County's property tax bills reflect the unique economic and social factors of the region, affecting homeowners differently based on their property's assessed value.
Average Ferry County Tax Bill
$850
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Ferry County, Washington
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Curlew | $100 | $433 | $846 | $1,532 | $2,565 |
| Danville | $323 | $456 | $912 | $1,597 | $2,668 |
| Inchelium | $167 | $262 | $716 | $1,409 | $2,167 |
| Keller | $305 | $381 | $717 | $1,075 | $2,177 |
| Kettle Falls | $255 | $641 | $1,331 | $2,194 | $3,061 |
| Laurier | $356 | $506 | $1,034 | $1,707 | $3,053 |
| Malo | $238 | $488 | $1,016 | $1,700 | $2,663 |
| Nespelem | $547 | $625 | $745 | $838 | $1,431 |
| Orient | $65 | $321 | $530 | $771 | $1,062 |
| Post Falls | $1,331 | $1,331 | $1,331 | $1,331 | $1,331 |
| Republic | $152 | $486 | $1,031 | $1,793 | $2,658 |
| Spokane | $1,051 | $1,051 | $1,051 | $1,051 | $1,051 |
Source: Ownwell