Randle, Washington Property Taxes
The median property tax rate in Randle, WA is 0.75%, which is significantly lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $224,900 in Randle, the typical annual property tax bill amounts to $1,498, well below the national median of $2,690. Property taxes in Randle are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like those for primary residences and agricultural properties. Understanding Randle'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 Randle or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Randle, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.75%
Estimate Property Tax Bill
$1,687
$1,565
Ownwell’s Randle Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Randle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Randle 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 Randle, Washington
Property taxes in Randle, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Randle is 0.75%, which is lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Randle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Randle 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 Randle's effective property tax rate to other counties in Washington and the national median. For comparison, the 98377 zip code has the highest median property tax rate of 0.75%, while the same zip code also has the lowest median tax rate of 0.75%. Understanding how these cities compare with Randle 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 Randle Tax Rate
0.75%
Average Lewis County Tax Rate
0.75%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Randle, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98377 | 0.73% | 0.74% | 0.75% | 0.76% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Randle, Washington
In Randle, 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 Randle, 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 highest and lowest median tax bills in Randle are both $1,498, found in the zip code 98377. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Randle Assessed Value
$224,900
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 Randle, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98377 | $50,260 | $106,800 | $224,900 | $334,800 | $451,300 |
Source: Ownwell
Property Tax Bills Across Randle, Washington
In Randle, located in Lewis County, WA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Randle is $224,900. Homeowners in this area can expect their property tax bills to vary widely, with the 25th percentile paying around $661 annually and the 75th percentile facing bills up to $2,454. At the 90th percentile, tax bills can reach as high as $3,286. The tax bill is determined by multiplying the assessed value of the property by the local tax rate. This rate is influenced by various factors, including local government budgets, public school funding, and other municipal services. For homeowners, this means that changes in local government spending or property values can directly impact their annual tax bills. Compared to the national median property tax rate of 0.99%, the property taxes in Randle can be seen as relatively moderate, providing a balanced environment for homeowners.
Average Randle Tax Bill
$1,498
Average Lewis County Tax Bill
$2,229
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Randle, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98377 | $320 | $661 | $1,498 | $2,454 | $3,286 |
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 |