Mesa, Franklin County, Washington Property Taxes
The median property tax rate in Mesa, WA is 0.56%, considerably lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Mesa, the typical annual property tax bill reaches $726, significantly below the national median of $2,690. Property taxes in Mesa are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Mesa'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 Mesa 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
Mesa, Franklin County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$675
$626
Ownwell’s Mesa Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mesa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mesa 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 Mesa, Franklin County, Washington
Property taxes in Mesa, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mesa is 0.56%, which is lower than the U.S. national median of 0.99%. Local government entities within Mesa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mesa 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 Mesa's effective property tax rate to other regions in Washington and the national median. For comparison, the zip code 99343 has both the highest and lowest median property tax rate of 0.56%. Understanding how these areas compare with Mesa provides valuable insights into the varying tax landscape across Franklin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mesa Tax Rate
0.56%
Average Franklin County Tax Rate
0.71%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mesa, Franklin County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99343 | 0.52% | 0.52% | 0.56% | 0.65% | 0.73% |
Source: Ownwell
Property Tax Assessment Values Across Mesa, Franklin County, Washington
In Mesa, 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 Franklin County Appraisal District 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 Mesa, 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 Mesa helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 99343, both valued at $726.
Property Tax Assessment Values Across Mesa, Franklin County, Washington
Source: Ownwell
$93,400
$243,125
$392,850
Average Mesa Assessed Value
$120,550
Average Franklin County Assessed Value
$384,600
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mesa, Franklin County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99343 | $7,110 | $9,125 | $120,550 | $284,750 | $405,770 |
Source: Ownwell
Property Tax Bills Across Mesa, Franklin County, Washington
In Mesa, located in Franklin County, WA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Various factors influence the assessed value, including property size, location, and market conditions. The median home price in Mesa is $120,550, which provides a baseline for understanding tax obligations. Homeowners in Mesa can expect varying tax bills depending on their property's assessed value. For instance, the tax bill at the 25th percentile is $51, indicating lower-value properties, while the 75th percentile tax bill is $1,685, reflecting higher-value homes. The tax bill at the 90th percentile reaches $2,710, showing the impact on more expensive properties. Comparatively, Franklin County's highest and lowest median tax bills both stand at $726 in the 99343 zip code, which is below the national median property tax rate of 0.99%. This suggests that Mesa homeowners generally face lower property tax burdens, which can make homeownership more affordable in the area.
Average Mesa Tax Bill
$726
Average Franklin County Tax Bill
$2,758
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Mesa, Franklin County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99343 | $38 | $51 | $726 | $1,685 | $2,710 |
Source: Ownwell