Freeland, Island County, Washington Property Taxes
Median Freeland, WA effective property tax rate: 0.62%, significantly lower than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Freeland, WA home value: $624,206
Median annual Freeland, WA tax bill: $3,804, $1,404 higher than the national median property tax bill of $2,400.
How are property taxes in Island County calculated?
Property taxes in Freeland, WA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Freeland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Freeland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Freeland, Island County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.62%
Estimate Property Tax Bill
$3,870
$3,591
Property Tax Rates Across Freeland, Island County, Washington
Local government entities set tax rates, and these can vary significantly within a state. This variation occurs because each county estimates its required budget for services annually and divides that by the total value of all taxable property within its jurisdiction. The result of this calculation is the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Freeland, located in Island County, WA, the effective property tax rate stands at 0.62%. This rate is notably lower compared to the national median property tax rate of 1.02%. The property tax rate in Freeland is consistent with the highest and lowest median tax rates within the county, both at 0.62%, indicating a uniformity in the tax rate across the region. This consistency can be beneficial for property owners, providing predictability in their annual tax obligations. Comparing this to the national median property tax bill of $2,400, property owners in Freeland may find themselves with a more favorable tax scenario, potentially leading to significant savings.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Freeland Tax Rate
0.62%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Island County Tax Rate
0.68%
Median Effective Washington Tax Rate
0.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Freeland, Island County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98249 | 0.56% | 0.60% | 0.62% | 0.64% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Freeland, Island County, Washington
When examining property taxes in Freeland, WA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Island County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Island County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Freeland. For example, the median home price in Freeland is $624,206, with tax bills ranging significantly across the county. 98249 has the highest median home price at $624,206.
Property Tax Assessment Values Across Freeland, Island County, Washington
Source: Ownwell
$454,081
$556,538
$658,994
Median Freeland Market Value
$624,206
Median Island County Market Value
$541,558
Median Washington Market Value
$482,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Freeland, Island County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98249 | $320,716 | $474,560 | $624,206 | $877,270 | $1,350,491 |
Source: Ownwell
Property Tax Bills Across Freeland, Island County, Washington
Median Freeland Tax Bill
$3,804
Median Island County Tax Bill
$3,760
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across Freeland, Island County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98249 | $1,328 | $2,715 | $3,804 | $5,454 | $8,568 |
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 | |
|---|---|
| Island Tax Assessor | |
| Website | assessor.islandcountywa.gov |