Grand Coulee Rural, Washington Property Taxes
The median property tax rate in Grand Coulee Rural, WA is 0.85%, slightly lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $90,248 in Grand Coulee Rural, the typical annual property tax bill is around $701, which is significantly below the national median of $2,690. Property taxes here 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 Grand Coulee 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 Grand Coulee 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
Grand Coulee 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 Grand Coulee Rural Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Grand Coulee Rural with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Grand Coulee 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 Grand Coulee Rural, Washington
Property taxes in Grand Coulee Rural, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Grand Coulee Rural is 0.85%, which is lower than both the Washington state median of 0.98% and the U.S. national median of 0.99%. Local government entities within Grand Coulee Rural set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grand Coulee 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 Grand Coulee Rural's effective property tax rate to other counties in Washington and the national median. For comparison, the highest median property tax rate in Grant County is found in zip code 98837 at 1.10%, while the lowest median tax rate is in zip code 99133 at 0.75%. Understanding how these cities compare with Grand Coulee 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 Grand Coulee Rural Tax Rate
0.85%
Average Grant County Tax Rate
1.20%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grand Coulee Rural, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across Grand Coulee Rural, Washington
In Grand Coulee 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's Office 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 Grand Coulee 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 Grand Coulee Rural helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in this region is $90,248, with tax bills ranging from $530 at the 25th percentile to $975 at the 90th percentile.
Property Tax Assessment Values Across Grand Coulee Rural, Washington
Source: Ownwell
$1,500
$170,439
$339,378
Average Grand Coulee Rural Assessed Value
$90,248
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 Grand Coulee Rural, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across Grand Coulee Rural, Washington
In Grand Coulee Rural, Grant County, WA, property tax bills are calculated based on the assessed value of the home and the local tax rate. The median home price in this area is $90,248. The assessed value is determined by the county assessor, who evaluates the property’s market value and applies a specific assessment ratio. The local tax rate is then applied to this assessed value to determine the tax bill. Several factors influence the tax bill, including property location, home size, and any applicable exemptions. Homeowners in Grand Coulee Rural can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is around $530, while the 75th percentile reaches $872, and the 90th percentile climbs to $975. These figures illustrate the range of property tax liabilities residents might face. Understanding how these factors interplay helps homeowners anticipate their financial obligations and manage their budgets effectively. Compared to the national median property tax rate of 0.99%, the property tax rates in this region reflect the local economic conditions and public service needs.
Average Grand Coulee Rural Tax Bill
$701
Average Grant County Tax Bill
$1,560
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Grand Coulee 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 |