Mohler, Washington Property Taxes
The median property tax rate in Mohler, WA is 1.27%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Mohler at $76,440, the typical annual property tax bill reaches $910, which is below the national median of $2,690. Property taxes in Mohler 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 Mohler'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 Mohler or another part of Lincoln County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mohler, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$971
$901
Ownwell’s Mohler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mohler with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mohler 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 Mohler, Washington
Property taxes in Mohler, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mohler is 1.27%, higher than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Mohler set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mohler 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 Mohler's effective property tax rate to other counties in Washington and the national median. For comparison, the 99154 zip code has the highest median property tax rate of 1.27%, while the 99154 zip code also has the lowest median tax rate of 1.27%. Understanding how these cities compare with Mohler provides valuable insights into the varying tax landscape across Lincoln County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mohler Tax Rate
1.27%
Average Lincoln County Tax Rate
1.10%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mohler, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99154 | 0.56% | 1.27% | 1.27% | 1.30% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Mohler, Washington
In Mohler, 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 Lincoln 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 Mohler, 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 Mohler helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the median home price in Mohler is $76,440, with the highest median tax bill in the 99154 zip code being $910.
Average Mohler Assessed Value
$76,440
Average Lincoln County Assessed Value
$68,575
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mohler, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99154 | $15,690 | $29,780 | $76,440 | $162,440 | $200,710 |
Source: Ownwell
Property Tax Bills Across Mohler, Washington
In Mohler, Lincoln County, WA, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. For example, with a median home price of $76,440, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. Factors such as property size, location, and improvements can influence the assessed value. For instance, homeowners in the 25th percentile might see tax bills around $245, while those in the 75th percentile could face bills up to $2,069. At the 90th percentile, tax bills can reach $2,552, indicating significant variability based on property characteristics. These property tax bills impact homeowners by contributing to local services like schools, infrastructure, and public safety. Compared to the national median property tax rate of 0.99%, the rates in Mohler can vary, affecting the overall financial responsibility for homeowners in this region.
Average Mohler Tax Bill
$910
Average Lincoln County Tax Bill
$618
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Mohler, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99154 | $94 | $245 | $910 | $2,069 | $2,552 |
Source: Ownwell