Husum, Washington Property Taxes
The median property tax rate in Husum, WA is 1.13%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Husum, the typical annual property tax bill reaches $3,216, exceeding the national median of $2,690. Property taxes in Husum 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 Husum'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 Husum 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
Husum, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$3,288
$3,213
Ownwell’s Husum Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Husum with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Husum 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 Husum, Washington
Property taxes in Husum, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Husum is 1.13%, higher than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Husum set these rates annually, and they can vary significantly across different neighborhoods. Each year, Husum 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 Husum's effective property tax rate to other areas in Washington and the national median. For comparison, the 98623 zip code has the highest median property tax rate of 1.14%, while the 98672 zip code has the lowest median tax rate of 1.02%. Understanding how these areas compare with Husum 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 Husum Tax Rate
1.13%
Average Klickitat County Tax Rate
1.07%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Husum, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98623 | 0.95% | 1.07% | 1.14% | 1.26% | 1.34% |
| 98672 | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Husum, Washington
In Husum, 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. 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. In Husum, the median home price is $291,010, with tax bills varying significantly across different zip codes. For instance, the highest median tax bill is $4,449 in zip code 98672, while the lowest median tax bill is $3,216 in zip code 98623. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Husum Assessed Value
$291,010
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 Husum, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98623 | $92,934 | $137,050 | $291,010 | $456,950 | $561,300 |
| 98672 | $434,930 | $434,930 | $434,930 | $434,930 | $434,930 |
Source: Ownwell
Property Tax Bills Across Husum, Washington
In Husum, located in Klickitat County, WA, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. This value is then multiplied by the local tax rate to calculate the annual property tax bill. The median home price in Husum is $291,010, and this figure plays a crucial role in determining the tax bill. Various factors influence the assessed value, including the property's location, size, and condition. Homeowners in Husum can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill stands at $1,498, while the 75th percentile reaches $5,171, and the 90th percentile goes up to $6,521. Comparatively, the highest median tax bill in the county is $4,449 in the 98672 zip code, and the lowest is $3,216 in the 98623 zip code. These variations directly affect homeowners' annual financial obligations, impacting their overall cost of living.
Average Husum Tax Bill
$3,216
Average Klickitat County Tax Bill
$1,272
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Husum, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98623 | $1,037 | $1,483 | $3,216 | $5,202 | $6,513 |
| 98672 | $4,449 | $4,449 | $4,449 | $4,449 | $4,449 |
Source: Ownwell