Beverly Rural, Washington Property Taxes
The median property tax rate in Beverly Rural, WA, is 1.20%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Beverly Rural, the typical annual property tax bill reaches $988, which is below the national median of $2,690. Property taxes in Beverly Rural 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 Beverly 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 Beverly Rural 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
Beverly Rural, Washington Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,760
Ownwell’s Beverly Rural Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beverly Rural with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beverly 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 Beverly Rural, Washington
Property taxes in Beverly Rural, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beverly Rural is 1.20%, higher than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Beverly Rural set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beverly 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. The data below compares Beverly Rural's effective property tax rate to other counties in Washington and the national median. For comparison, the highest median property tax rate in the region is found in zip code 98001 at 1.50%, while the lowest median tax rate is in zip code 98002 at 0.75%. Understanding how these cities compare with Beverly Rural 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 Beverly Rural Tax Rate
1.20%
Average Grant County Tax Rate
1.20%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beverly Rural, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Beverly Rural, Washington
In Beverly 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 Beverly 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. For example, homeowners in the 25th percentile can expect a tax bill around $549, while those in the 75th percentile might see a bill closer to $1,259. 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 Beverly Rural helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Beverly Rural, Washington
Source: Ownwell
$1,500
$170,439
$339,378
Average Beverly Rural Assessed Value
$72,380
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 Beverly Rural, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Beverly Rural, Washington
In Beverly Rural, located in Grant County, WA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and reflects the property's market value. Homeowners in this region can expect their tax rates to vary, with the national median property tax rate standing at 0.99%. For instance, a median home priced at $72,380 might see a tax bill around $549 at the 25th percentile, rising to $1,259 at the 75th percentile, and reaching up to $1,621 at the 90th percentile. Several factors influence the tax bill, including the property's location, size, and any improvements made. Local levies and school district taxes also play a significant role. These taxes fund essential public services such as education, infrastructure, and emergency services. For homeowners, understanding these factors is crucial as they directly impact annual financial planning and the overall cost of homeownership. By being aware of how property taxes are calculated, homeowners can better anticipate and manage their expenses.
Average Beverly Rural Tax Bill
$988
Average Grant County Tax Bill
$1,560
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Beverly 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 |