Aberdeen, Washington Property Taxes
The median property tax rate in Aberdeen, WA is 1.26%, considerably higher than both the national median of 0.99% and Washington state's median of 0.88%. With the median home value in Aberdeen at $166,554, the typical annual property tax bill reaches $1,976, which is below the national median of $2,690. Property taxes in Aberdeen 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 Aberdeen'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 Aberdeen 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
Aberdeen, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$2,099
$1,947
Ownwell’s Aberdeen Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aberdeen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aberdeen 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 Aberdeen, Washington
Property taxes in Aberdeen, Washington, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Aberdeen is 1.26%, significantly higher than the U.S. national median of 0.99%. Local government entities within Aberdeen set these rates annually, and they can vary across different neighborhoods. Each year, Aberdeen 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 Aberdeen's effective property tax rate to other counties in Washington and the national median. For comparison, the 98520 zip code has the highest median property tax rate of 1.26%, while the same 98520 zip code also has the lowest median tax rate of 1.26%. Understanding how these cities compare with Aberdeen provides valuable insights into the varying tax landscape across Grays Harbor County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aberdeen Tax Rate
1.26%
Average Grays Harbor County Tax Rate
1.12%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aberdeen, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98520 | 0.39% | 1.16% | 1.26% | 1.32% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Aberdeen, Washington
In Aberdeen, 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 Grays Harbor County Appraisal District 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 Aberdeen, 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 instance, the median home price in Aberdeen is $166,554, with tax bills ranging from $1,175 at the 25th percentile to $4,131 at the 90th percentile. The median tax bill in the 98520 zip code is $1,976. 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 Aberdeen helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Aberdeen Assessed Value
$166,554
Average Grays Harbor County Assessed Value
$186,974
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aberdeen, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98520 | $68,300 | $109,874 | $166,554 | $239,036 | $329,671 |
Source: Ownwell
Property Tax Bills Across Aberdeen, Washington
Property tax bills in Aberdeen, located in Grays Harbor County, WA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value. Factors such as property size, location, and improvements can influence this assessed value. The local tax rate is then applied to this value to determine the tax bill. For example, with a median home price of $166,554, the tax bills can vary widely. Homeowners in the 25th percentile can expect to pay around $1,175 annually, while those in the 75th percentile might pay about $2,987. At the higher end, in the 90th percentile, tax bills can reach up to $4,131. Comparatively, the national median property tax rate is 0.99%, highlighting how local rates and property values significantly impact what homeowners owe. This variability underscores the importance for homeowners to understand how their tax bills are calculated and the factors that influence them.
Average Aberdeen Tax Bill
$1,976
Average Grays Harbor County Tax Bill
$1,990
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Aberdeen, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98520 | $306 | $1,175 | $1,976 | $2,987 | $4,131 |
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 | |
|---|---|
| Grays Harbor Tax Assessor | |
| Website | graysharborwa-taxsifter.publicaccessnow.com |