Naches, Washington Property Taxes
The median property tax rate in Naches, WA is 0.74%, 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 $263,400 in Naches, the typical annual property tax bill amounts to $1,806, significantly below the national median of $2,690. Property taxes in Naches are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Naches' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Naches 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
Naches, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$1,949
$1,809
Ownwell’s Naches Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Naches with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Naches 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 Naches, Washington
Property taxes in Naches, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Naches is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Naches set these rates annually, and they can vary significantly across different neighborhoods. Each year, Naches 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 Naches's effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 98937 has both the highest and lowest median property tax rate of 0.74%. Understanding how these figures compare with Naches 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 Naches Tax Rate
0.74%
Average Lewis County Tax Rate
0.75%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Naches, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98937 | 0.72% | 0.73% | 0.74% | 0.74% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Naches, Washington
In Naches, 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 Appraisal District 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 Naches, 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 Naches helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Naches, the highest and lowest median tax bills are both $1806, found in the zip code 98937.
Average Naches Assessed Value
$263,400
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 Naches, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98937 | $43,700 | $132,075 | $263,400 | $361,700 | $479,950 |
Source: Ownwell
Property Tax Bills Across Naches, Washington
In Naches, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For instance, with the median home price in Naches being $263,400, the property tax bill can vary significantly. At the 25th percentile, homeowners might pay around $632, while those at the 75th percentile could see bills as high as $2,607. The 90th percentile reaches up to $3,433. These figures indicate a broad range of potential tax burdens, reflecting differences in property values and exemptions. Compared to the national median property tax rate of 0.99%, homeowners in Naches experience varying impacts on their finances. Understanding these factors is crucial for homeowners as they directly affect monthly budgets and long-term financial planning. Accurate assessments ensure fair taxation, balancing community needs with individual financial responsibilities.
Average Naches Tax Bill
$1,806
Average Lewis County Tax Bill
$2,229
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Naches, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98937 | $199 | $632 | $1,806 | $2,607 | $3,433 |
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 |