Doty, Washington Property Taxes
The median property tax rate in Doty, WA is 0.67%, which is notably lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $240,500 in Doty, the typical annual property tax bill is approximately $1,445, significantly below the national median of $2,690. Property taxes in Doty are calculated based on the tax-assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Doty's property tax system and exploring available exemptions can lead to substantial annual savings. Whether you're in the heart of Doty or another part of the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Doty, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.67%
Estimate Property Tax Bill
$1,611
$1,495
Ownwell’s DOTY Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in DOTY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in DOTY 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 Doty, Washington
Property taxes in Doty, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Doty is 0.67%, which is lower than the U.S. national median of 0.99%. Local government entities within Doty determine these rates annually, and they can vary significantly across different neighborhoods. Each year, Doty 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 Doty's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 98539 has the highest median property tax rate of 0.67%, while the same zip code also has the lowest median tax rate of 0.67%. Understanding how these cities compare with Doty 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 Doty Tax Rate
0.67%
Average Lewis County Tax Rate
0.75%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Doty, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98539 | 0.66% | 0.66% | 0.67% | 0.76% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Doty, Washington
In Doty, 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 Doty, 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 Doty helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $1445, found in the 98539 zip code.
Average Doty Assessed Value
$240,500
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 Doty, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98539 | $48,180 | $87,100 | $240,500 | $275,425 | $324,000 |
Source: Ownwell
Property Tax Bills Across Doty, Washington
In Doty, located in Lewis County, WA, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine your annual property tax bill. The median home price in Doty is $240,500, and the property tax rate in Lewis County can lead to varying tax bills. For instance, the tax bill at the 25th percentile is around $591, while at the 75th percentile, it reaches approximately $1826. Homeowners in the 90th percentile can expect to pay up to $2081. Compared to the national median property tax rate of 0.99%, Doty's property tax rate reveals a range of financial impacts on homeowners. Factors such as home improvements, neighborhood developments, and changes in the local tax rate can influence these assessments. Understanding these elements is crucial for homeowners to anticipate their annual property tax obligations and manage their finances effectively.
Average Doty Tax Bill
$1,445
Average Lewis County Tax Bill
$2,229
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Doty, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98539 | $217 | $591 | $1,445 | $1,826 | $2,081 |
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 | |
|---|---|
| Lewis Tax Assessor | |
| Website | parcels.lewiscountywa.gov |