Coulee Dam, Washington Property Taxes
The median property tax rate in Coulee Dam, WA is 1.47%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Coulee Dam, the typical annual property tax bill reaches $272, which is significantly lower than the national median of $2,690. Property taxes in Coulee Dam 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 Coulee Dam'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 Coulee Dam 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
Coulee Dam, 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 Coulee Dam Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Coulee Dam with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Coulee Dam 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 Coulee Dam, Washington
Property taxes in Coulee Dam, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Coulee Dam is 0.66%, lower than both the Washington state median of 0.93% and the U.S. national median of 0.99%. Local government entities within Coulee Dam set these rates annually, and they can vary significantly across different neighborhoods. Each year, Coulee Dam 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 Coulee Dam's effective property tax rate to other counties in Washington and the national median. For comparison, the highest median property tax rate in the area is 1.18% in zip code 98848, while the lowest median tax rate is 0.66% in Coulee Dam. Understanding how these cities compare with Coulee Dam 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 Coulee Dam Tax Rate
1.47%
Average Grant County Tax Rate
1.20%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Coulee Dam, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99116 | 1.18% | 1.29% | 1.47% | 1.65% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Coulee Dam, Washington
In Coulee Dam, 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 Coulee Dam, 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. With a median home price of $22,705, Coulee Dam's property taxes can vary significantly. For instance, the tax bill at the 25th percentile is $191, while at the 75th percentile, it reaches $353. Understanding these valuation concepts helps property owners better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Coulee Dam Assessed Value
$22,705
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 Coulee Dam, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99116 | $9,341 | $14,352 | $22,705 | $31,058 | $36,069 |
Source: Ownwell
Property Tax Bills Across Coulee Dam, Washington
In Coulee Dam, WA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Coulee Dam, located in Grant County, experience property tax rates that are influenced by various factors, including local government budgets, school district funding needs, and public service requirements. For example, the median home price in Coulee Dam is $22,705, resulting in median tax bills that range from $191 at the 25th percentile to $353 at the 75th percentile, with the 90th percentile reaching $402. These figures are relatively low compared to the national median property tax rate of 0.99%. The highest and lowest median tax bills in the area are both $272, indicating a consistent tax rate within the zip code 99116. These property taxes play a crucial role in funding essential community services, such as schools, roads, and emergency services, directly impacting the quality of life for homeowners.
Average Coulee Dam Tax Bill
$272
Average Grant County Tax Bill
$1,560
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Coulee Dam, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99116 | $143 | $191 | $272 | $353 | $402 |
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 |