Alderdale, Washington Property Taxes
The median property tax rate in Alderdale, WA is 0.79%, lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $23,970 in Alderdale, the typical annual property tax bill is $191, significantly below the national median of $2,690. Property taxes in Alderdale are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Alderdale'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 Alderdale or another part of Klickitat County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Alderdale, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$189
$176
Ownwell’s Alderdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Alderdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alderdale 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 Alderdale, Washington
Property taxes in Alderdale, Washington, are essential for funding crucial local services like public schools, road maintenance, and emergency services. The median tax rate in Alderdale is 0.79%, which is lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Alderdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alderdale 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 Alderdale's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 99332 has the highest median property tax rate of 1.15%, while the same zip code also has the lowest median tax rate of 1.15%. Understanding how these cities compare with Alderdale provides valuable insights into the varying tax landscape across Klickitat County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alderdale Tax Rate
0.79%
Average Klickitat County Tax Rate
1.07%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alderdale, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99332 | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Alderdale, Washington
In Alderdale, 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 Klickitat 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. 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 Alderdale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 99332, amounting to $4,705, while the lowest is also 99332, reflecting the same value.
Average Alderdale Assessed Value
$23,970
Average Klickitat County Assessed Value
$126,140
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alderdale, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99332 | $408,200 | $408,200 | $408,200 | $408,200 | $408,200 |
Source: Ownwell
Property Tax Bills Across Alderdale, Washington
Property tax bills in Alderdale, located in Klickitat County, WA, are calculated based on the assessed value of a property, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Alderdale, the median home price is $23,970, which is significantly lower than the national median. Consequently, property tax bills here are quite varied. The 25th percentile tax bill is $118, while the 75th percentile tax bill is $425, indicating a broad range of tax obligations. At the higher end, the 90th percentile tax bill reaches $2,594. Factors influencing these variations include property size, location, and any applicable exemptions. These property taxes fund essential community services such as schools, public safety, and infrastructure. Homeowners in Alderdale benefit from relatively lower property taxes compared to many other regions, making it an attractive location for those looking to minimize their annual tax burden.
Average Alderdale Tax Bill
$191
Average Klickitat County Tax Bill
$1,272
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Alderdale, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99332 | $4,705 | $4,705 | $4,705 | $4,705 | $4,705 |
Source: Ownwell