Kittitas, Washington Property Taxes
The median property tax rate in Kittitas, WA is 0.94%, slightly lower than the national median of 0.99% but higher than the Washington state median of 0.88%. With the median home value in Kittitas at $231,060, the typical annual property tax bill reaches $2,120, which is below the national median of $2,690. Property taxes in Kittitas are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Kittitas'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 Kittitas 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
Kittitas, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$2,172
$2,016
Ownwell’s Kittitas Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kittitas with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kittitas to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Kittitas, Washington
Property taxes in Kittitas, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kittitas is 0.94%, slightly below the U.S. national median of 0.99%. Local government entities within Kittitas set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kittitas 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 Kittitas's effective property tax rate to other counties in Washington and the national median. For comparison, the 98934 zip code has the highest median property tax rate of 0.94%, while the same zip code also has the lowest median tax rate of 0.94%. Understanding how these areas compare with Kittitas provides valuable insights into the varying tax landscape across the county, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring regions.
Average Kittitas Tax Rate
0.94%
Average Kittitas County Tax Rate
0.67%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kittitas, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98934 | 0.94% | 0.94% | 0.94% | 0.94% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Kittitas, Washington
In Kittitas, 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 Kittitas 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 Kittitas, 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 median home price in Kittitas is $231,060, with tax bills ranging from $1,220 at the 25th percentile to $2,578 at the 75th percentile. Notably, the zip code 98934 has the highest and lowest median tax bill, both at $2,120. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to manage the tax burden effectively.
Average Kittitas Assessed Value
$231,060
Average Kittitas County Assessed Value
$385,890
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kittitas, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98934 | $19,080 | $174,105 | $231,060 | $276,360 | $292,310 |
Source: Ownwell
Property Tax Bills Across Kittitas, Washington
In Kittitas, WA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property, which is determined by the county assessor. Various factors influence the assessed value, including the property's location, size, and condition. For homeowners in Kittitas, the median home price is $231,060. Property tax bills vary significantly, with the 25th percentile at $1,220 and the 75th percentile at $2,578. The highest median tax bill is $2,120 in the 98934 zip code, aligning with the lowest median tax bill in the same area, indicating a consistent tax rate across the region. Compared to the national median property tax rate of 0.99%, Kittitas homeowners experience a range of property tax bills that can impact their annual financial planning. Understanding these factors can help homeowners anticipate their tax liabilities and plan accordingly.
Average Kittitas Tax Bill
$2,120
Average Kittitas County Tax Bill
$3,249
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Kittitas, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98934 | $102 | $1,220 | $2,120 | $2,578 | $2,741 |
Source: Ownwell