Rochester, Washington Property Taxes
The median property tax rate in Rochester, WA, is 0.98%, 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 $259,150, the typical annual property tax bill in Rochester reaches $2,520, which is below the national median of $2,690. Property taxes in Rochester are calculated based on the tax assessed value, which often falls below market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Rochester'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 Rochester 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
Rochester, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$2,540
$2,357
Ownwell’s Rochester Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rochester with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rochester 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 Rochester, Washington
Property taxes in Rochester, Washington, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Rochester is 0.98%, slightly lower than the U.S. national median of 0.99%. Local government entities within Rochester set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rochester 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 Rochester's effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 98579 has both the highest and lowest median property tax rate of 0.98%. Understanding how these areas compare with Rochester 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 Rochester Tax Rate
0.98%
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 Rochester, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98579 | 0.94% | 0.96% | 0.98% | 1.02% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Rochester, Washington
In Rochester, 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 Rochester, 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 Rochester helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Rochester are both $2,520 and are found in the 98579 zip code.
Average Rochester Assessed Value
$259,150
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 Rochester, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98579 | $207,244 | $216,198 | $259,150 | $298,838 | $301,913 |
Source: Ownwell
Property Tax Bills Across Rochester, Washington
In Rochester, 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. For Rochester homeowners, the median home price stands at $259,150. Property taxes in Rochester are influenced by various factors, including the property's location within Grays Harbor County and any applicable exemptions or deductions. The tax bill can vary significantly, with the 25th percentile tax bill at $2,221 and the 75th percentile at $2,827, indicating a range of property values and tax liabilities within the community. Homeowners in Rochester might find their tax bills slightly higher than the national median property tax rate of 0.99%, given the local rates and property values. The highest median tax bill recorded in the area is $2,520, which suggests a relatively consistent tax environment across different properties. Understanding these factors helps homeowners anticipate their annual tax obligations and manage their finances accordingly.
Average Rochester Tax Bill
$2,520
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 Rochester, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98579 | $2,194 | $2,221 | $2,520 | $2,827 | $2,870 |
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 |