Lincoln, Lincoln County, Washington Property Taxes
Median Lincoln, WA effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Lincoln, WA home value: $95,500
Median annual Lincoln, WA tax bill: $768, $1,632 lower than the national median property tax bill of $2,400.
How are property taxes in Lincoln calculated?
Property taxes in Lincoln, 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 Lincoln’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lincoln, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lincoln, Lincoln County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$831
$771
Ownwell’s Lincoln Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lincoln with just two data points.
By entering your property's estimated assessed value, our calculator applies Lincoln’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lincoln County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Lincoln, Lincoln County, Washington
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Lincoln, Washington, the effective property tax rate is comparable to both the highest and lowest rates in the state, standing at 0.87%. This rate is notably lower than the national median property tax rate of 1.02%. Homeowners in Lincoln benefit from this lower rate, which can lead to substantial savings compared to the national average.
The lower tax rate in Lincoln not only eases the financial burden on homeowners but also makes the area more attractive for potential buyers. This favorable tax environment can be a significant factor for those considering purchasing property in Washington, offering a balance of affordability and value.
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 Tax Rate
0.87%
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 Lincoln, Lincoln County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99147 | 0.84% | 0.85% | 0.87% | 0.97% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Lincoln, Lincoln County, Washington
When examining property taxes in Lincoln, 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 Lincoln County Appraisal District 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.
Assessment notices: In Lincoln 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 Lincoln. For example, the median home price in Lincoln is $95,500, with tax bills ranging significantly across the county. Zip code 99147 has the highest median home price at $95,500.
Property Tax Assessment Values Across Lincoln, Lincoln County, Washington
Source: Ownwell
$59,720
$130,885
$202,050
Median Lincoln Market Value
$95,500
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 Lincoln, Lincoln County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99147 | $25,000 | $30,000 | $95,500 | $163,515 | $308,430 |
Source: Ownwell
Property Tax Bills Across Lincoln, Lincoln County, Washington
Median Lincoln Tax Bill
$768
Median Lincoln County Tax Bill
$618
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across Lincoln, Lincoln County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99147 | $239 | $290 | $768 | $1,386 | $2,574 |
Source: Ownwell