High Prairie, Washington Property Taxes
The median property tax rate in High Prairie, WA is 1.05%, which is higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in High Prairie at $134,630, the typical annual property tax bill reaches $415, significantly lower than the national median of $2,690. Property taxes in High Prairie are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding High Prairie'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 High Prairie 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
High Prairie, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$1,414
$1,381
Ownwell’s High Prairie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in High Prairie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in High Prairie 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 Klickitat County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across High Prairie, Washington
Property taxes in High Prairie, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in High Prairie is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within High Prairie set these rates annually, and they can vary significantly across different neighborhoods. Each year, High Prairie 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 High Prairie's effective property tax rate to other counties in Washington and the national median. For comparison, the highest median property tax rate in Klickitat County is 1.25%, while the lowest median tax rate is 0.85%. Understanding how these cities compare with High Prairie 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 High Prairie Tax Rate
1.05%
Average Klickitat County Tax Rate
1.07%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across High Prairie, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across High Prairie, Washington
In High Prairie, 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 High Prairie, 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 instance, residents in the 98672 zip code face the highest tax bills, averaging $2,088, while those in the 98650 zip code enjoy the lowest, with bills around $129. 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 High Prairie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average High Prairie Assessed Value
$134,630
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 High Prairie, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across High Prairie, Washington
In High Prairie, Klickitat County, WA, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of your property. This value is then multiplied by the local tax rate to determine your annual tax bill. Homeowners in High Prairie can expect their tax bills to vary significantly based on their property's assessed value. For example, at the 25th percentile, property tax bills are around $129, while at the 75th percentile, they can reach approximately $1,408. At the 90th percentile, tax bills can be as high as $2,088. These figures show a wide range, indicating that the financial impact on homeowners can vary greatly. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax burdens. High Prairie's property taxes can significantly affect homeowners' annual expenses, making it crucial for residents to be aware of how their tax bills are calculated and what factors influence them.
Average High Prairie Tax Bill
$415
Average Klickitat County Tax Bill
$1,272
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across High Prairie, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell