Chehalis, Washington Property Taxes
The median property tax rate in Chehalis, WA is 0.84%, slightly below the state median of 0.88% and the national median of 0.99%. With a median home value of $362,100, the typical annual property tax bill in Chehalis is $2,858, surpassing the national median of $2,690. Property taxes in Chehalis are calculated based on the assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Chehalis'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 Chehalis 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
Chehalis, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$3,042
$2,823
Ownwell’s Chehalis Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Chehalis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Chehalis 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 Chehalis, Washington
Property taxes in Chehalis, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Chehalis is 0.84%, which is lower than the U.S. national median of 0.99%. Local government entities within Chehalis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Chehalis 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 Chehalis's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 98532 has the highest median property tax rate of 0.84%, while the same zip code also has the lowest median tax rate of 0.84%. Understanding how these cities compare with Chehalis 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 Chehalis Tax Rate
0.84%
Average Lewis County Tax Rate
0.75%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chehalis, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98532 | 0.67% | 0.73% | 0.84% | 0.85% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Chehalis, Washington
In Chehalis, Washington, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value represents 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's Office 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 Chehalis, 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. The median home price in Chehalis is $362,100, with tax bills ranging from $1,875 at the 25th percentile to $5,134 at the 90th percentile. Notably, the highest and lowest median tax bills are both $2,859 in the 98532 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Chehalis Assessed Value
$362,100
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 Chehalis, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98532 | $130,100 | $253,700 | $362,100 | $475,900 | $619,410 |
Source: Ownwell
Property Tax Bills Across Chehalis, Washington
In Chehalis, located in Lewis County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. The tax rate is then applied to this assessed value to calculate the annual property tax bill. For homeowners in Chehalis, the median home price stands at $362,100. Property tax bills in Chehalis can vary significantly; the 25th percentile tax bill is $1,875, while the 75th percentile reaches $3,859, and the 90th percentile can go as high as $5,134. This variation depends on factors such as property size, location, and improvements. Compared to the national median property tax rate of 0.99%, Chehalis homeowners may find their tax rates relatively moderate, but the actual tax burden can still impact household budgets. Understanding these factors can help homeowners better anticipate their annual property tax obligations and manage their finances accordingly.
Average Chehalis Tax Bill
$2,858
Average Lewis County Tax Bill
$2,229
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Chehalis, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98532 | $710 | $1,876 | $2,859 | $3,859 | $5,134 |
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 |