Pe Ell, Washington Property Taxes
The median property tax rate in Pe Ell, WA is 0.66%, considerably lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Pe Ell at $216,700, the typical annual property tax bill reaches $1,377, significantly below the national median of $2,690. Property taxes in Pe Ell are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pe Ell'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 Pe Ell 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
Pe Ell, Washington Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,760
Ownwell’s PE ELL Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in PE ELL with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in PE ELL 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 Pe Ell, Washington
Property taxes in Pe Ell, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pe Ell is 0.66%, which is lower than both the Washington state median of 0.93% and the U.S. national median of 0.99%. Local government entities within Pe Ell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pe Ell 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 Pe Ell's effective property tax rate to other counties in Washington and the national median. For comparison, the 98572 zip code has the highest median property tax rate of 0.66%, while the same zip code also has the lowest median tax rate of 0.66%. Understanding how these areas compare with Pe Ell 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 Pe Ell Tax Rate
0.66%
Average Lewis County Tax Rate
0.75%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pe Ell, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98572 | 0.65% | 0.65% | 0.66% | 0.68% | 0.69% |
Source: Ownwell
Property Tax Assessment Values Across Pe Ell, Washington
In Pe Ell, 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'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 Pe Ell, 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 Pe Ell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Pe Ell is $216,700, with the highest and lowest median tax bills both at $1,377 in the 98572 zip code.
Average Pe Ell Assessed Value
$216,700
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 Pe Ell, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98572 | $48,340 | $129,600 | $216,700 | $313,400 | $420,880 |
Source: Ownwell
Property Tax Bills Across Pe Ell, Washington
In Pe Ell, located in Lewis County, WA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local tax assessors and is intended to reflect the market value of the property. Homeowners in Pe Ell face a median property tax rate that can significantly impact their annual financial obligations. For instance, with a median home price of $216,700, property tax bills can vary widely. The 25th percentile tax bill is around $653, while the 75th percentile reaches up to $2,068, and the 90th percentile can go as high as $2,783. These figures indicate that homeowners in Pe Ell could pay a range of property taxes, depending on their home's assessed value and specific circumstances. Compared to the national median property tax rate of 0.99%, Pe Ell’s property tax rates can be either more or less burdensome, affecting how much homeowners ultimately pay. This variability highlights the importance of understanding local property tax assessments and their implications on household budgets.
Average Pe Ell Tax Bill
$1,377
Average Lewis County Tax Bill
$2,229
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Pe Ell, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98572 | $217 | $653 | $1,377 | $2,068 | $2,783 |
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 |