Almira Rural, Washington Property Taxes
The median property tax rate in Almira Rural, WA is 0.94%, slightly below the national median of 0.99% but higher than the Washington state median of 0.88%. With a median home value of $247,590, the typical annual property tax bill in Almira Rural reaches $2,329, just under the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Almira Rural'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 Rural or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Almira Rural, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$2,327
$2,160
Ownwell’s Almira Rural Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Almira Rural with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Almira Rural 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 Rural, Washington
Property taxes in Almira Rural, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Almira Rural is 0.94%, which is lower than the U.S. national median of 0.99%. Local government entities within Almira Rural set these rates annually, and they can vary significantly across different neighborhoods. Each year, Almira Rural 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. Understanding how Almira Rural's effective property tax rate compares to other areas in Grant County and the national median provides valuable insights into the varying tax landscape, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Almira Rural Tax Rate
0.94%
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 Rural, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Almira Rural, Washington
In Almira Rural, 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 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 Rural, 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 Rural helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Almira Rural Assessed Value
$247,590
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 Rural, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Almira Rural, Washington
In Almira Rural, located in Grant County, WA, property tax bills are calculated based on the assessed value of a property. This assessed value is determined by the county assessor and reflects the market value of the property. The property tax rate in this region is applied to the assessed value to determine the annual tax bill. For instance, with a median home price of $247,590, homeowners in Almira Rural can expect their property tax bills to be around $2,329, which is consistent across the 25th, 75th, and 90th percentiles. This uniformity indicates a relatively stable tax rate in the area. Compared to the national median property tax rate of 0.99%, Almira Rural's rate results in a comparable tax burden for homeowners. These property taxes fund essential local services such as schools, public safety, and infrastructure maintenance, directly impacting the community's quality of life. Homeowners need to stay informed about their property's assessed value and any changes in the local tax rate to manage their financial planning effectively.
Average Almira Rural Tax Bill
$2,329
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 Rural, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
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 |