Maryhill, Washington Property Taxes
The median property tax rate in Maryhill, WA is 1.06%, 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 Maryhill at $30,120, the typical annual property tax bill amounts to $321, surpassing the national median of $2,690. Property taxes in Maryhill are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Maryhill'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 Maryhill 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
Maryhill, 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 Maryhill Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Maryhill with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Maryhill 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 Maryhill, Washington
Property taxes in Maryhill, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Maryhill is 1.06%, which is higher than the U.S. national median of 0.99%. Local government entities within Maryhill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Maryhill 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 Maryhill's effective property tax rate to other counties in Washington and the national median. For comparison, the 98620 zip code has the highest median property tax rate of 1.06%, while the same zip code also holds the lowest median tax rate of 1.06%. Understanding how these cities compare with Maryhill 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 Maryhill Tax Rate
1.06%
Average Klickitat County Tax Rate
1.07%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Maryhill, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98620 | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Maryhill, Washington
In Maryhill, 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 Maryhill, 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 Maryhill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Maryhill are both $321, found in the zip code 98620.
Average Maryhill Assessed Value
$30,120
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 Maryhill, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98620 | $30,120 | $30,120 | $30,120 | $30,120 | $30,120 |
Source: Ownwell
Property Tax Bills Across Maryhill, Washington
In Maryhill, property tax bills are calculated based on the assessed value of the property, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For Maryhill, located in Klickitat County, the median home price is $30,120, with a consistent tax bill across various percentiles at $321. This uniformity suggests a relatively straightforward tax structure. Several factors influence the assessed value, including the property's location, size, and condition, as well as market trends in the area. Homeowners in Maryhill can expect their property tax bill to reflect these factors, impacting their annual financial planning. Compared to the national median property tax rate of 0.99%, Maryhill's effective tax rate appears relatively modest, providing a more affordable option for homeowners. This consistency in tax bills ensures predictability, which can be beneficial for budgeting and long-term financial stability.
Average Maryhill Tax Bill
$321
Average Klickitat County Tax Bill
$1,272
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Maryhill, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98620 | $321 | $321 | $321 | $321 | $321 |
Source: Ownwell