Bremerton, Washington Property Taxes
The median property tax rate in Bremerton, WA is 0.88%, aligning with the state median but still below the national median of 0.99%. With a median home value of $411,110 in Bremerton, the typical annual property tax bill reaches $3,609, which surpasses the national median of $2,690. Property taxes in Bremerton are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Bremerton'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 Bremerton or another part of Kitsap County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bremerton, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$3,618
$3,357
$1,148
Average Tax Savings
Ownwell’s Bremerton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bremerton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bremerton 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 Bremerton. 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 Bremerton, Washington
Property taxes in Bremerton, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bremerton is 0.88%, which is lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Bremerton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bremerton 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 Bremerton's effective property tax rate to other areas in Washington and the national median. For comparison, the 98311 zip code has the highest median property tax rate of 0.92%, while the 98310 zip code has the lowest median tax rate of 0.88%. Understanding how these areas compare with Bremerton provides valuable insights into the varying tax landscape across Kitsap County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bremerton Tax Rate
0.88%
Average Kitsap County Tax Rate
0.86%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bremerton, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98310 | 0.82% | 0.86% | 0.88% | 0.94% | 0.97% |
| 98311 | 0.87% | 0.91% | 0.92% | 0.93% | 0.94% |
| 98312 | 0.73% | 0.85% | 0.88% | 0.92% | 0.96% |
| 98337 | 0.88% | 0.88% | 0.88% | 0.88% | 0.88% |
Source: Ownwell
$1,148
Average Bremerton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Bremerton, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bremerton, 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 Kitsap County Assessor 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 Bremerton, 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 example, the highest median tax bill in Bremerton is $3,997 in the 98311 zip code, while the lowest is $3,048 in the 98337 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 Bremerton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Bremerton, Washington
Source: Ownwell
$351,110
$707,470
$1,063,830
Average Bremerton Assessed Value
$411,110
Average Kitsap County Assessed Value
$467,930
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bremerton, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98310 | $269,717 | $330,132 | $391,950 | $464,015 | $562,934 |
| 98311 | $324,330 | $376,380 | $440,790 | $503,410 | $590,142 |
| 98312 | $232,548 | $311,208 | $405,505 | $535,308 | $726,664 |
| 98337 | $254,023 | $297,120 | $351,110 | $417,270 | $493,970 |
Source: Ownwell
$1,148
Average Bremerton Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Bremerton, Washington
In Bremerton, Kitsap County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. With a median home price of $411,110, homeowners in Bremerton can expect tax bills that vary significantly. For instance, the 25th percentile tax bill is around $2,845, while the 75th percentile tax bill reaches $4,430. The highest median tax bill in the area is $3,997, found in the 98311 zip code, whereas the lowest median tax bill is $3,048 in the 98337 zip code. Factors such as property size, location, and market conditions play a crucial role in determining the assessed value. These taxes can be a substantial financial burden for homeowners. Ownwell steps in to help homeowners save on their property tax bills by providing expert property tax appeal and exemption services, ensuring that homeowners only pay their fair share.
Average Bremerton Tax Bill
$3,609
Average Kitsap County Tax Bill
$3,994
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Bremerton, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98310 | $1,647 | $2,824 | $3,433 | $4,158 | $5,062 |
| 98311 | $2,407 | $3,398 | $3,997 | $4,564 | $5,330 |
| 98312 | $1,509 | $2,615 | $3,470 | $4,618 | $6,214 |
| 98337 | $1,926 | $2,538 | $3,048 | $3,635 | $4,329 |
Source: Ownwell
$1,148
Average Bremerton 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 | |
|---|---|
| Kitsap Tax Assessor | |
| Website | psearch.kitsapgov.com |
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