Moclips, Washington Property Taxes
The median property tax rate in Moclips, WA is 0.93%, slightly lower than the national median of 0.99% but higher than the Washington state median of 0.88%. With a median home value of $189,000 in Moclips, the typical annual property tax bill amounts to $1,843, which is below the national median of $2,690. Property taxes in Moclips are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Moclips' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Moclips or another part of Grays Harbor County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Moclips, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$1,758
$1,631
Ownwell’s Moclips Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Moclips with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moclips 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 Grays Harbor County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Moclips, Washington
Property taxes in Moclips, Washington, are essential in funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Moclips is 0.93%, slightly below the U.S. national median of 0.99%. Local government entities within Moclips set these rates annually, and they can vary significantly across different neighborhoods. Each year, Moclips 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 Moclips' effective property tax rate to other areas in Washington and the national median. For comparison, the 98562 zip code has the highest median property tax rate of 0.93%, while the same zip code also has the lowest median tax rate of 0.93%. Understanding how these cities compare with Moclips 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 Moclips Tax Rate
0.93%
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 Moclips, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98562 | 0.69% | 0.83% | 0.93% | 1.16% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Moclips, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Moclips, Washington. The market value represents 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 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 Moclips, 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, in the 98562 zip code, the median tax bill is $1,843. 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 Moclips helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Moclips Assessed Value
$189,000
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 Moclips, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98562 | $55,873 | $121,892 | $189,000 | $361,567 | $534,390 |
Source: Ownwell
Property Tax Bills Across Moclips, Washington
In Moclips, located in Grays Harbor County, WA, property tax bills are determined based on the assessed value of a home, which is then multiplied by the local tax rate. The median home price in Moclips is $189,000, and the property tax rate is influenced by the county's budgetary needs and voter-approved levies. Factors such as property improvements, market conditions, and neighborhood trends play a crucial role in determining the assessed value. Homeowners in Moclips can expect a wide range of property tax bills. For instance, the tax bill at the 25th percentile is $1,114, while at the 75th percentile, it reaches $3,221. At the 90th percentile, it can go up to $4,796. This variability reflects differences in property values and specific local levies. The highest and lowest median tax bills in the area are both $1,843, indicating a relatively consistent tax rate within the zip code 98562. These property taxes fund essential services like schools, infrastructure, and emergency services, directly impacting the quality of life for residents.
Average Moclips Tax Bill
$1,843
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 Moclips, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98562 | $576 | $1,114 | $1,843 | $3,221 | $4,796 |
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 | |
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Grays Harbor Tax Assessor | |
Website | graysharborwa-taxsifter.publicaccessnow.com |