Almira, Washington Property Taxes
The median property tax rate in Almira, WA is 0.80%, notably lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Almira at $180,852, the typical annual property tax bill amounts to $1,480, which is below the national median of $2,690. Property taxes in Almira are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Almira'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 Almira or another part of Grant County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Almira, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$1,447
$1,343
Ownwell’s Almira Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Almira with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Almira 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 Almira, Washington
Property taxes in Almira, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Almira is 0.80%, which is lower than the U.S. national median of 0.99%. Local government entities within Almira set these rates annually, and they can vary significantly across different neighborhoods. Each year, Almira 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 Almira's effective property tax rate to other areas in Grant County and the national median. For comparison, the zip code 99103 has both the highest and lowest median property tax rate of 0.80%. Understanding how these areas compare with Almira provides valuable insights into the varying tax landscape across Grant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Almira Tax Rate
0.80%
Average Grant County Tax Rate
1.20%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Almira, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99103 | 0.71% | 0.73% | 0.80% | 0.92% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Almira, Washington
In Almira, Washington, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Grant 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 Almira, 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 Almira helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 99103, with a median tax bill of $1480.
Average Almira Assessed Value
$180,852
Average Grant County Assessed Value
$135,922
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Almira, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99103 | $93,475 | $112,826 | $180,852 | $434,166 | $560,548 |
Source: Ownwell
Property Tax Bills Across Almira, Washington
Property tax bills in Almira, located in Grant County, WA, are calculated based on the assessed value of a property and the local tax rate. The median home price in Almira is $180,852. To determine the tax bill, the assessed value of the property is multiplied by the local tax rate. Factors such as property location, size, and improvements can influence the assessed value. Homeowners in Almira can expect their tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $1,228, while at the 75th percentile, it rises to $3,237. The 90th percentile tax bill can reach up to $4,486. The highest and lowest median tax bills in the area are both $1,480, all within the 99103 zip code. Compared to the national median property tax rate of 0.99%, Almira's tax bills reflect the local economic and real estate conditions, impacting homeowners' financial planning and property investment decisions.
Average Almira Tax Bill
$1,480
Average Grant County Tax Bill
$1,560
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Almira, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99103 | $878 | $1,228 | $1,480 | $3,237 | $4,486 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| Grant Tax Assessor | |
| Website | grantwa-taxsifter.publicaccessnow.com |