Brinnon, Washington Property Taxes
The median property tax rate in Brinnon, WA is 0.79%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Brinnon at $200,836, the typical annual property tax bill amounts to $1,508, significantly below the national median of $2,690. Property taxes in Brinnon are based on the assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Brinnon's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners can achieve substantial annual savings. Whether you reside in Brinnon or another part of Jefferson County, having a grasp of the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Brinnon, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$1,587
$1,472
Ownwell’s Brinnon Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Brinnon with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Brinnon to project your property tax bill. This valuable tool provides clarity on potential tax obligations. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is determined by Jefferson County for property tax purposes, considering any applicable exemptions.
Property Tax Rates Across Brinnon, Washington
Property taxes in Brinnon, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brinnon is 0.79%, which is lower than the U.S. national median of 0.99%. Local government entities within Brinnon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brinnon 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 Brinnon's effective property tax rate to other counties in Washington and the national median. For comparison, the 98320 zip code has both the highest and lowest median property tax rate of 0.79%. Understanding how these cities compare with Brinnon provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brinnon Tax Rate
0.79%
Average Jefferson County Tax Rate
0.82%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brinnon, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98320 | 0.77% | 0.78% | 0.79% | 0.83% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Brinnon, Washington
In Brinnon, 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 Jefferson 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 Brinnon, 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 Brinnon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Brinnon are both $1508, found in zip code 98320.
Average Brinnon Assessed Value
$200,836
Average Jefferson County Assessed Value
$406,419
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brinnon, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98320 | $55,399 | $97,359 | $200,836 | $355,632 | $534,275 |
Source: Ownwell
Property Tax Bills Across Brinnon, Washington
In Brinnon, Jefferson County, WA, property tax bills are calculated based on the assessed value of a property. The local tax authorities determine this value by evaluating the property's market value, which is influenced by factors such as location, size, and condition. The tax rate, which is applied to the assessed value, is set by local government entities and can vary annually. Homeowners in Brinnon experience a range of property tax bills. For instance, the 25th percentile tax bill is $690, while the 75th percentile reaches $2,687, and the 90th percentile can be as high as $4,072. These figures highlight the variation in tax burdens depending on property values and specific assessments. The median home price in Brinnon is $200,836, which provides a context for these tax amounts. Compared to the national median property tax rate of 0.99%, Brinnon's tax rates reflect local economic conditions and funding needs for public services. Homeowners must budget for these taxes as part of their annual expenses, impacting their overall financial planning and property affordability.
Average Brinnon Tax Bill
$1,508
Average Jefferson County Tax Bill
$3,190
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Brinnon, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98320 | $411 | $690 | $1,508 | $2,687 | $4,072 |
Source: Ownwell