Kent, Washington Property Taxes
The median property tax rate in Kent, WA is 1.05%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Kent at $571,000, the typical annual property tax bill reaches $5,931, exceeding the national median of $2,690. Property taxes in Kent are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kent'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 Kent 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
Kent, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$5,996
$5,857
$1,148
Average Kent, Washington Tax Savings
Ownwell’s Kent Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kent with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kent to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Kent. 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 Kent, Washington
Property taxes in Kent, Washington, are essential for funding crucial local services, including public schools, road maintenance, and emergency services. The median tax rate in Kent is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within Kent set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kent 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 for setting property tax rates. The data below compares Kent's effective property tax rate to other areas in King County and the national median. For comparison, the 98092 zip code has the highest median property tax rate of 1.12%, while the 98032 zip code has the lowest median tax rate of 1.04%. Understanding how these areas compare with Kent provides valuable insights into the varying tax landscape across King County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kent Tax Rate
1.05%
Average King County Tax Rate
0.88%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kent, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98030 | 1.04% | 1.04% | 1.05% | 1.05% | 1.08% |
| 98031 | 1.04% | 1.04% | 1.04% | 1.05% | 1.06% |
| 98032 | 0.98% | 0.98% | 1.04% | 1.06% | 1.07% |
| 98042 | 1.04% | 1.04% | 1.06% | 1.13% | 1.15% |
| 98092 | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% |
Source: Ownwell
$1,148
Average Kent Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Kent, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Kent, 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 King County Assessor's Office 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 Kent, 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, the median home price in Kent is $571,000. The highest median tax bill is $8,774 in the 98092 zip code, while the lowest median tax bill is $4,869 in the 98032 zip code. 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 Kent helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kent Assessed Value
$571,000
Average King County Assessed Value
$770,000
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kent, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98030 | $278,000 | $460,500 | $555,000 | $642,000 | $742,000 |
| 98031 | $415,000 | $513,000 | $576,000 | $655,000 | $748,000 |
| 98032 | $326,700 | $379,000 | $489,000 | $574,000 | $663,000 |
| 98042 | $439,000 | $548,000 | $644,000 | $782,000 | $931,600 |
| 98092 | $783,000 | $783,000 | $783,000 | $783,000 | $783,000 |
Source: Ownwell
$1,148
Average Kent Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Kent, Washington
In Kent, located in King County, WA, property tax bills are calculated based on the assessed value of the home and the local tax rate. The median home price in Kent is $571,000, and the property tax rate is applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements affect the assessed value, which can lead to variations in tax bills. For instance, tax bills range from the 25th percentile at $4,878 to the 90th percentile at $8,407, with the highest median tax bill in the 98092 zip code at $8,774. Homeowners in Kent can find these tax bills burdensome, especially when compared to the national median property tax rate of 0.99%. Ownwell helps homeowners by providing property tax appeal and exemption services, potentially lowering their tax bills. Our experts analyze your property's assessed value and identify discrepancies or opportunities for exemptions, ensuring you pay only what is fair. This can lead to significant savings and reduce the financial strain on homeowners.
Average Kent Tax Bill
$5,931
Average King County Tax Bill
$7,093
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Kent, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98030 | $2,708 | $4,601 | $5,776 | $6,710 | $7,702 |
| 98031 | $3,221 | $5,256 | $5,982 | $6,828 | $7,837 |
| 98032 | $3,109 | $3,831 | $4,869 | $5,718 | $6,675 |
| 98042 | $4,353 | $5,799 | $6,865 | $8,425 | $10,031 |
| 98092 | $8,774 | $8,774 | $8,774 | $8,774 | $8,774 |
Source: Ownwell
$1,148
Average Kent Tax Savings
Save on your property taxes & more with 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 | |
|---|---|
| King Tax Assessor | |
| Phone | (206) 296-7300 |
| Website | blue.kingcounty.com |
| assessor.info@kingcounty.gov | |
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