Toledo, Lewis County, Washington Property Taxes
Median Toledo, WA effective property tax rate: 0.68%, significantly lower than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Toledo, WA home value: $348,350
Median annual Toledo, WA tax bill: $2,271, $129 lower than the national median property tax bill of $2,400.
How are property taxes in Lewis County calculated?
Property taxes in Toledo, WA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Toledo’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Toledo, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Toledo, Lewis County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.68%
Estimate Property Tax Bill
$2,369
$2,198
Property Tax Rates Across Toledo, Lewis County, Washington
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation occurs because each county annually calculates its budget needs for public services and divides this by the total value of all taxable property in its area, resulting in the property tax rate. Although the process involves votes and legislative measures, this is the general approach taken each year.
In Toledo, located in Lewis County, Washington, the effective property tax rate stands at 0.68%. This rate is notably lower than the national median property tax rate of 1.02%. When compared to other cities in Washington, Toledo's rate is consistent with the state's median, reflecting a balanced approach to property taxation. The median property tax bill in Toledo is also considerably lower than the national median of $2400, making it an attractive location for property owners seeking affordability in property taxes. The consistency in tax rates across the county suggests a stable fiscal environment, which can be appealing to both current and prospective property owners.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Toledo Tax Rate
0.68%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Lewis County Tax Rate
0.75%
Median Effective Washington Tax Rate
0.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Toledo, Lewis County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98532 | N/A | N/A | N/A | N/A | N/A |
| 98591 | 0.65% | 0.68% | 0.68% | 0.69% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Toledo, Lewis County, Washington
When examining property taxes in Toledo, Washington, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lewis County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Lewis County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Toledo.
For example, the median home price in Toledo is $348,350, with tax bills ranging significantly across the county. Zip code 98591 has the highest median home price at $348,400.
Property Tax Assessment Values Across Toledo, Lewis County, Washington
Source: Ownwell
$98,200
$250,650
$403,100
Median Toledo Market Value
$348,350
Median Lewis County Market Value
$301,900
Median Washington Market Value
$482,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Toledo, Lewis County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98532 | N/A | N/A | N/A | N/A | N/A |
| 98591 | $76,300 | $186,250 | $348,400 | $504,600 | $642,700 |
Source: Ownwell
Property Tax Bills Across Toledo, Lewis County, Washington
Median Toledo Tax Bill
$2,271
Median Lewis County Tax Bill
$2,229
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across Toledo, Lewis County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98532 | N/A | N/A | N/A | N/A | N/A |
| 98591 | $415 | $1,049 | $2,271 | $3,367 | $4,373 |
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 |