Malo, Ferry County, Washington Property Taxes
Median MALO, WA effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but higher than the Washington state median of 0.88%.
Median MALO, WA home value: $115,200
Median annual MALO, WA tax bill: $1,016, $1,384 lower than the national median property tax bill of $2,400.
How are property taxes in Ferry County calculated?
Property taxes in MALO, WA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding MALO’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in MALO, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Malo, Ferry County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$1,048
$973
Property Tax Rates Across Malo, Ferry County, Washington
Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In MALO, located in Ferry County, WA, the effective property tax rate stands at 0.91%. This is lower than the national median property tax rate of 1.02%. Ferry County's rate is consistent across the board, with no significant variations between different areas. This stability offers predictability for property owners in the region. In contrast, many other regions experience significant fluctuations in tax rates, reflecting varying budgets and property values.
Thus, property owners in MALO benefit from a relatively lower tax rate compared to both the state and national averages. This can be a significant advantage for those looking to invest or settle in the area, offering a more affordable living situation.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Malo Tax Rate
0.91%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ferry County Tax Rate
0.93%
Median Effective Washington Tax Rate
0.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Malo, Ferry County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99150 | 0.81% | 0.90% | 0.91% | 0.94% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Malo, Ferry County, Washington
When examining property taxes in MALO, WA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Ferry County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Ferry County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in MALO. For example, the median home price in MALO is $115,200, with tax bills ranging significantly across the county. ZIP code 99150 has the highest median home price at $115,200.
Property Tax Assessment Values Across Malo, Ferry County, Washington
Source: Ownwell
$75,100
$117,400
$159,700
Median Malo Market Value
$115,200
Median Ferry County Market Value
$101,200
Median Washington Market Value
$482,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Malo, Ferry County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99150 | $31,050 | $57,700 | $115,200 | $196,450 | $300,980 |
Source: Ownwell
Property Tax Bills Across Malo, Ferry County, Washington
Median Malo Tax Bill
$1,016
Median Ferry County Tax Bill
$850
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across Malo, Ferry County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99150 | $238 | $488 | $1,016 | $1,700 | $2,663 |
Source: Ownwell