Vader, Washington Property Taxes
The median property tax rate in Vader, WA is 0.73%, considerably lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Vader at $259,750, the typical annual property tax bill reaches $1,764, significantly less than the national median of $2,690. Property taxes in Vader 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 Vader'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 Vader 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
Vader, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$1,896
$1,852
Ownwell’s Vader Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Vader with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Vader 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 Vader, Washington
Property taxes in Vader, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Vader is 0.73%, lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Vader set these rates annually, and they can vary significantly across different neighborhoods. Each year, Vader 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 Vader's effective property tax rate to other counties in Washington and the national median. For comparison, the 98593 zip code has the highest median property tax rate of 0.73%, while the same zip code also has the lowest median tax rate of 0.73%. Understanding how these cities compare with Vader 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 Vader Tax Rate
0.73%
Average Lewis County Tax Rate
0.75%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Vader, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98593 | 0.34% | 0.71% | 0.73% | 0.75% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across Vader, Washington
In Vader, 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 Vader, 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 Vader helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 98593 has the highest median tax bill of $1,764 and the lowest median tax bill of $1,764.
Average Vader Assessed Value
$259,750
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 Vader, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98593 | $75,530 | $152,100 | $259,750 | $339,450 | $416,480 |
Source: Ownwell
Property Tax Bills Across Vader, Washington
In Vader, 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 Vader is $259,750, and the property tax rate in this area is influenced by several factors, including local government budgets, school funding, and public services. Homeowners in Vader can expect their tax bills to vary significantly, with the 25th percentile tax bill at $802 and the 75th percentile reaching $2,422. At the higher end, the 90th percentile tax bill is $3,073. These figures highlight a broad range in property tax obligations, reflecting differences in home values and specific levies imposed by local authorities. Compared to the national median property tax rate of 0.99%, Vader's property tax bills can be relatively moderate or steep, depending on the assessed value of the property. For homeowners, understanding these factors is crucial as property taxes can significantly impact annual household expenses.
Average Vader Tax Bill
$1,764
Average Lewis County Tax Bill
$2,229
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Vader, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98593 | $315 | $802 | $1,764 | $2,422 | $3,073 |
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 |