Centerville, Washington Property Taxes
The median property tax rate in Centerville, WA is 1.11%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Centerville at $87,250, the typical annual property tax bill reaches $946, which is below the national median of $2,690. Property taxes in Centerville 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 Centerville'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 Centerville 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
Centerville, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$968
$899
Ownwell’s Centerville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Centerville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Centerville 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 Centerville, Washington
Property taxes in Centerville, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Centerville is 1.11%, higher than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Centerville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Centerville 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 Centerville's effective property tax rate to other areas in Washington and the national median. For comparison, the 98613 zip code has the highest median property tax rate of 1.13%, while the 98620 zip code has the lowest median tax rate of 0.79%. Understanding how these areas compare with Centerville 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 Centerville Tax Rate
1.11%
Average Klickitat County Tax Rate
1.07%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Centerville, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98613 | 0.92% | 1.03% | 1.13% | 1.27% | 1.35% |
| 98620 | 0.71% | 0.74% | 0.79% | 0.84% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Centerville, Washington
In Centerville, 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 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 Centerville, 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 Centerville 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 98613, while the lowest is also 98613, both with a median tax bill of $1,312.
Average Centerville Assessed Value
$87,250
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 Centerville, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98613 | $24,935 | $50,320 | $109,900 | $198,752 | $331,145 |
| 98620 | $1,690 | $1,825 | $2,050 | $2,275 | $2,410 |
Source: Ownwell
Property Tax Bills Across Centerville, Washington
Property tax bills in Centerville, Klickitat County, WA are determined based on the assessed value of a property and the local tax rate. The assessed value is typically a percentage of the property's market value. For instance, with a median home price of $87,250, homeowners can expect their tax bills to vary significantly. The 25th percentile tax bill is around $527, whereas the 75th percentile tax bill is approximately $2,041, and the 90th percentile tax bill reaches up to $3,366. Several factors influence these variations, including property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Centerville's tax rates may seem high or low depending on the specific assessed value and exemptions applied. For homeowners, this means that understanding how their property is assessed and being aware of potential exemptions can significantly impact their annual tax bill. The highest and lowest median tax bills in the area are both $1,312, indicating a relatively stable tax environment within this zip code.
Average Centerville Tax Bill
$946
Average Klickitat County Tax Bill
$1,272
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Centerville, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98613 | $219 | $648 | $1,312 | $2,150 | $3,518 |
| 98620 | $12 | $14 | $17 | $19 | $21 |
Source: Ownwell