Adna, Washington Property Taxes
The median property tax rate in Adna, WA is 0.81%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $303,650 in Adna, the typical annual property tax bill amounts to $2,425, slightly below the national median of $2,690. Property taxes in Adna are calculated based on the tax assessed value, which is usually lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Adna'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 Adna or another part of Lewis County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Adna, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$2,460
$2,282
Ownwell’s Adna Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Adna with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adna 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 Adna, Washington
Property taxes in Adna, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Adna is 0.81%, lower than the U.S. national median of 0.99%. Local government entities within Adna set these rates annually, and they can vary significantly across different neighborhoods. Each year, Adna 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 Adna's effective property tax rate to other counties in Washington and the national median. For comparison, the 98522 zip code has both the highest and lowest median property tax rate of 0.81%. Understanding how these cities compare with Adna provides valuable insights into the varying tax landscape across Lewis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adna Tax Rate
0.81%
Average Lewis County Tax Rate
0.75%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adna, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98522 | 0.76% | 0.81% | 0.81% | 0.81% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Adna, Washington
In Adna, 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 Lewis 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 Adna, 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. The median home price in Adna is $303,650, with tax bills ranging from $1,052 at the 25th percentile to $5,262 at the 90th percentile. The highest and lowest median tax bills are both found in the 98522 zip code, each at $2,425. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Adna Assessed Value
$303,650
Average Lewis County Assessed Value
$301,900
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adna, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98522 | $35,700 | $138,850 | $303,650 | $482,200 | $646,200 |
Source: Ownwell
Property Tax Bills Across Adna, Washington
In Adna, located in Lewis County, WA, property tax bills are calculated based on the assessed value of a home, which differs from its market value. The assessed value is determined by the county assessor and then multiplied by the local tax rate to arrive at the annual tax bill. Several factors influence the assessed value, including the property's size, location, and condition. For homeowners in Adna, the tax bill can vary significantly. The 25th percentile tax bill is $1,052, while the 75th percentile reaches $3,871. At the higher end, the 90th percentile tax bill can be as much as $5,262. These figures highlight the range of property tax burdens that homeowners may face. Compared to the national median property tax rate of 0.99%, the median home price in Adna is $303,650, indicating that property taxes can be a substantial annual expense for residents. Understanding these factors helps homeowners better anticipate their financial obligations and plan accordingly.
Average Adna Tax Bill
$2,425
Average Lewis County Tax Bill
$2,229
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Adna, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98522 | $296 | $1,052 | $2,425 | $3,871 | $5,262 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
---|---|
Appeal Deadline | July 1 |
Tax Bill | |
Issued | February 10 |
Due Date #1 | April 30 |
Due Date #2 | October 31 |
Links | |
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Lewis Tax Assessor | |
Website | parcels.lewiscountywa.gov |