Naches, Washington Property Taxes
The median property tax rate in Naches, WA is 0.78%, 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 Naches, the typical annual property tax bill reaches $552, significantly below the national median of $2,690. Property taxes in Naches 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 Naches'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 Naches 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
Naches, Washington Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,760
Ownwell’s Naches Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Naches with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Naches to provide an estimate of your property tax bill. This intuitive tool helps you grasp potential tax liabilities, offering peace of mind and financial clarity. For those interested in more granular insights, exploring neighborhood-level trends can provide even deeper understanding. Your property’s assessed value, determined by the county, is crucial for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Naches, Washington
Property taxes in Naches, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Naches is 0.78%, which is lower than the U.S. national median of 0.99%. Local government entities within Naches set these rates annually, and they can vary significantly across different neighborhoods. Each year, Naches 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 Naches' effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 98937 has the same median property tax rate of 0.78%. Understanding how these areas compare with Naches provides valuable insights into the varying tax landscape across Kittitas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Naches Tax Rate
0.78%
Average Kittitas County Tax Rate
0.67%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Naches, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98937 | 0.78% | 0.78% | 0.78% | 0.78% | 0.78% |
Source: Ownwell
Property Tax Assessment Values Across Naches, Washington
In Naches, 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 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 Naches, 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 Naches helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Naches is $71,170, with the highest and lowest median tax bills being $552 in the 98937 zip code.
Average Naches Assessed Value
$71,170
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 Naches, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98937 | $60,049 | $63,392 | $71,170 | $81,080 | $101,819 |
Source: Ownwell
Property Tax Bills Across Naches, Washington
In Naches, property tax bills are calculated based on the assessed value of a home, which is determined by the Kittitas County Assessor. The median home price in Naches is $71,170, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For example, the tax bills in Naches range from the 25th percentile at $492 to the 90th percentile at $790, with a median tax bill of $552. This is significantly lower than the national median property tax rate of 0.99%. Homeowners in Naches benefit from relatively low property tax bills, which can make homeownership more affordable compared to other regions. However, even within Naches, the tax burden can vary depending on the specific characteristics and assessed values of individual properties. Understanding these factors is crucial for homeowners to anticipate their annual property tax obligations accurately.
Average Naches Tax Bill
$552
Average Kittitas County Tax Bill
$3,249
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Naches, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98937 | $466 | $492 | $552 | $629 | $790 |
Source: Ownwell