Danville, Washington Property Taxes
The median property tax rate in Danville, WA is 0.91%, 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 Danville, the typical annual property tax bill reaches $912, which is significantly below the national median of $2,690. Property taxes in Danville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Danville'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 Danville 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
Danville, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$1,017
$994
Ownwell’s Danville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Danville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Danville 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 Danville, Washington
Property taxes in Danville, WA, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Danville is 0.91%, which is lower than the U.S. national median of 0.99%. Local government entities within Danville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Danville 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 Danville's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 99121 has both the highest and lowest median property tax rate of 0.91%. Understanding how these cities compare with Danville provides valuable insights into the varying tax landscape across Ferry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Danville Tax Rate
0.91%
Average Ferry County Tax Rate
0.93%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Danville, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99121 | 0.89% | 0.90% | 0.91% | 0.92% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Danville, Washington
In Danville, 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 Ferry 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 Danville, 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. For instance, the median home price in Danville is $111,800, with tax bills ranging from $456 at the 25th percentile to $1,597 at the 75th percentile. The highest and lowest median tax bills are both $912, found in the 99121 zip code. By understanding 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 Danville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Danville Assessed Value
$111,800
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 Danville, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99121 | $42,400 | $65,100 | $111,800 | $192,400 | $296,580 |
Source: Ownwell
Property Tax Bills Across Danville, Washington
In Danville, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Danville is $111,800, and homeowners can expect their tax bills to vary significantly. To determine the tax bill, the assessed value is multiplied by the local tax rate, which, in Danville, results in a median tax bill of $912. This figure is quite competitive compared to the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's market value, any applicable exemptions, and local tax levies. For instance, the 25th percentile tax bill is $456, while the 75th percentile reaches $1,597, and the 90th percentile can be as high as $2,668. These variations reflect differences in property values and potential exemptions that homeowners may qualify for. Understanding these factors is crucial for homeowners, as property taxes can significantly impact annual housing costs. By knowing how these elements interplay, homeowners in Danville can better anticipate their financial obligations.
Average Danville Tax Bill
$912
Average Ferry County Tax Bill
$850
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Danville, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99121 | $323 | $456 | $912 | $1,597 | $2,668 |
Source: Ownwell