Pacific Beach, Washington Property Taxes
The median property tax rate in Pacific Beach, WA is 0.90%, slightly below the national median of 0.99% but higher than the Washington state median of 0.88%. With a median home value of $429,620, the typical annual property tax bill in Pacific Beach reaches $4,396, significantly surpassing the national median of $2,690. Property taxes in Pacific Beach are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pacific Beach'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 Pacific Beach 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
Pacific Beach, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$3,867
$3,588
Ownwell’s Pacific Beach Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pacific Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pacific Beach 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 Pacific Beach, Washington
Property taxes in Pacific Beach, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pacific Beach is 0.90%, which is slightly below the U.S. national median of 0.99%. Local government entities within Pacific Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pacific Beach 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 Pacific Beach's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 98571 has the highest median property tax rate of 0.90%, while the same zip code also has the lowest median tax rate of 0.90%. Understanding how these areas compare with Pacific Beach 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 Pacific Beach Tax Rate
0.90%
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 Pacific Beach, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98571 | 0.71% | 0.78% | 0.90% | 1.08% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Pacific Beach, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Pacific Beach, WA. 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 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 Pacific Beach, 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. For instance, the median home price in Pacific Beach is $429,620, with tax bills ranging from $1,695 at the 25th percentile to $8,344 at the 90th percentile. The highest and lowest median tax bills are both $4,396 in zip code 98571. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Pacific Beach, Washington
Source: Ownwell
$95,311
$272,548
$449,784
Average Pacific Beach Assessed Value
$429,620
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 Pacific Beach, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98571 | $44,801 | $184,870 | $429,620 | $677,062 | $944,829 |
Source: Ownwell
Property Tax Bills Across Pacific Beach, Washington
In Pacific Beach, WA, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price in this area is $429,620, which serves as a starting point for calculating property taxes. Homeowners can expect their tax bill to fall within a range, with the 25th percentile at $1,695 and the 75th percentile reaching $5,864. For those in the 90th percentile, the tax bill can be as high as $8,344. Factors influencing these amounts include the assessed value of the property, which may differ from market value, and the specific tax rate applied by Grays Harbor County. These rates are designed to fund essential public services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, the tax burden in Pacific Beach can significantly impact homeowners, varying widely based on property values and local tax policies. This variability underscores the importance of understanding how property assessments and tax rates interact.
Average Pacific Beach Tax Bill
$4,396
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 Pacific Beach, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98571 | $373 | $1,695 | $4,396 | $5,864 | $8,344 |
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 |