Creston, Lincoln County, Washington Property Taxes
Median Creston, WA effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Creston, WA home value: $83,570
Median annual Creston, WA tax bill: $667, $1,733 lower than the national median property tax bill of $2,400.
How are property taxes in Lincoln calculated?
Property taxes in Creston, 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 Creston’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Creston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Creston, Lincoln County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.86%
Estimate Property Tax Bill
$719
$667
Property Tax Rates Across Creston, Lincoln County, Washington
Local government entities set tax rates, which can vary widely within a state. Why? Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Creston, located in Lincoln County, Washington, the effective property tax rate reflects this process. By comparing Creston’s rate to other cities in Washington, you can gain insights into how it stacks up against the state median and even the national median. Washington's median property tax rate is slightly below the national median rate of 1.02%. This means residents in Creston might experience a different tax burden compared to other parts of the country. Understanding these nuances can help property owners make informed decisions about appealing their property taxes or seeking exemptions.
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 Creston Tax Rate
0.86%
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 Lincoln County Tax Rate
1.10%
Median Effective Washington Tax Rate
0.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Creston, Lincoln County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99117 | 0.84% | 0.85% | 0.86% | 0.91% | 1.00% |
| 99147 | 0.56% | 0.84% | 0.84% | 0.87% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Creston, Lincoln County, Washington
When examining property taxes in Creston, WA, 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 Lincoln County Assessor's Office 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 Lincoln County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Creston.
For example, the median home price in Creston is $83,570, with tax bills ranging significantly across the county. Zip code 99147 has the highest median home price at $182,340.
Property Tax Assessment Values Across Creston, Lincoln County, Washington
Source: Ownwell
$59,720
$130,885
$202,050
Median Creston Market Value
$83,570
Median Lincoln County Market Value
$68,575
Median Washington Market Value
$482,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Creston, Lincoln County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99117 | $15,528 | $27,175 | $65,000 | $124,515 | $200,022 |
| 99147 | $35,000 | $90,000 | $182,340 | $297,825 | $370,080 |
Source: Ownwell
Property Tax Bills Across Creston, Lincoln County, Washington
Median Creston Tax Bill
$667
Median Lincoln County Tax Bill
$618
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across Creston, Lincoln County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99117 | $124 | $242 | $495 | $1,053 | $1,643 |
| 99147 | $331 | $640 | $1,327 | $2,409 | $3,080 |
Source: Ownwell