Wahkiacus, Washington Property Taxes
The median property tax rate in Wahkiacus, WA is 0.99%, aligning with the national median but higher than the Washington state median of 0.88%. With a median home value of $117,600 in Wahkiacus, the typical annual property tax bill is approximately $1,180, which is below the national median of $2,690. Property taxes in Wahkiacus are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Wahkiacus'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 Wahkiacus or another part of Klickitat County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Wahkiacus, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$1,164
$1,137
Ownwell’s Wahkiacus Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Wahkiacus with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Wahkiacus 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 Wahkiacus, Washington
Property taxes in Wahkiacus, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Wahkiacus is 0.99%, aligning with the U.S. national median of 0.99%. Local government entities within Wahkiacus set these rates annually, and they can vary significantly across different neighborhoods. Each year, Wahkiacus 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 Wahkiacus's effective property tax rate to other areas in Klickitat County and the national median. For comparison, the 99350 zip code has the highest median property tax rate of 1.69%, while the 98670 zip code has the lowest median tax rate of 0.98%. Understanding how these cities compare with Wahkiacus 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 Wahkiacus Tax Rate
0.99%
Average Klickitat County Tax Rate
1.07%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Wahkiacus, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98670 | 0.65% | 0.95% | 0.98% | 1.06% | 1.26% |
| 99350 | 1.69% | 1.69% | 1.69% | 1.69% | 1.69% |
Source: Ownwell
Property Tax Assessment Values Across Wahkiacus, Washington
In Wahkiacus, 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 Wahkiacus, 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 Wahkiacus helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Wahkiacus are both $1,296, found in the 98670 zip code.
Average Wahkiacus Assessed Value
$117,600
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 Wahkiacus, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98670 | $9,200 | $57,375 | $136,290 | $275,510 | $416,276 |
| 99350 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 |
Source: Ownwell
Property Tax Bills Across Wahkiacus, Washington
In Wahkiacus, located in Klickitat County, WA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor and is intended to reflect the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For homeowners in Wahkiacus, the property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $496, while at the 75th percentile, it rises to $2,648. At the 90th percentile, the tax bill can reach as high as $4,110, indicating a broad range of tax liabilities depending on property values. The highest and lowest median tax bills in the area are both $1,296, which is above the national median property tax rate of 0.99%. These property taxes play a crucial role in funding local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners in Wahkiacus.
Average Wahkiacus Tax Bill
$1,180
Average Klickitat County Tax Bill
$1,272
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Wahkiacus, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98670 | $71 | $640 | $1,296 | $2,650 | $4,127 |
| 99350 | $84 | $84 | $84 | $84 | $84 |
Source: Ownwell