Redmond, King County, Washington Property Taxes
Median Redmond, WA effective property tax rate: 0.74%, significantly lower than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Redmond, WA home value: $1,295,000
Median annual Redmond, WA tax bill: $10,206, $7,806 higher than the national median property tax bill of $2,400.
How are property taxes in King calculated?
Property taxes in Redmond, 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 Redmond’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Redmond, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Redmond, King County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$9,583
$8,893
$1,102
Average Tax Savings
Property Tax Rates Across Redmond, King County, Washington
Local government entities are responsible for setting property tax rates, which can differ significantly across a state. Each year, counties estimate the budget needed to provide essential services and divide it by the total value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and legislation, this annual process is essentially how it works.
In Redmond, located in King County, Washington, the effective property tax rate is an essential metric for homeowners and prospective buyers to consider. The city’s rate can be compared to other cities within Washington and the national median property tax rate of 1.02%. While Redmond's rate is lower than the national median, it reflects the local government's budgetary needs and the assessed property values within the area. Understanding these rates is crucial for property owners to anticipate their annual tax obligations and manage their finances accordingly.
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 Redmond Tax Rate
0.74%
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 King County Tax Rate
0.88%
Median Effective Washington Tax Rate
0.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Redmond, King County, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98033 | N/A | N/A | N/A | N/A | N/A |
98052 | 0.73% | 0.74% | 0.74% | 0.74% | 0.74% |
98053 | 0.86% | 0.87% | 0.87% | 0.89% | 0.93% |
Source: Ownwell
$1,102
Average Redmond Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Redmond, King County, Washington
When examining property taxes in Redmond, 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 King County Assessor's Office 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.
Assessment notices: In King County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Redmond.
For example, the median home price in Redmond is $1,295,000, with tax bills ranging significantly across the county. Zip code 98053 has the highest median home price at $1,322,000.
Property Tax Assessment Values Across Redmond, King County, Washington
Source: Ownwell

$238,500
$3,665,750
$7,093,000
Median Redmond Market Value
$1,295,000
Median King County Market Value
$770,000
Median Washington Market Value
$482,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Redmond, King County, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98033 | N/A | N/A | N/A | N/A | N/A |
98052 | $446,000 | $871,500 | $1,283,000 | $1,651,000 | $1,966,000 |
98053 | $717,000 | $1,021,000 | $1,322,000 | $1,670,000 | $2,057,000 |
Source: Ownwell
$1,102
Average Redmond Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Redmond, King County, Washington
Median Redmond Tax Bill
$10,206
Median King County Tax Bill
$7,093
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across Redmond, King County, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98033 | N/A | N/A | N/A | N/A | N/A |
98052 | $3,072 | $6,118 | $9,605 | $12,328 | $14,786 |
98053 | $5,661 | $8,865 | $11,613 | $14,498 | $17,862 |
Source: Ownwell
$1,102
Average Redmond 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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