Odessa, Lincoln County, Washington Property Taxes

Name: Property Tax Bills Across Odessa, Lincoln County, Washington
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Odessa, WA effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Odessa, WA home value: $73,000
Median annual Odessa, WA tax bill: $914, $1,486 lower than the national median property tax bill of $2,400.

How are property taxes in Lincoln County calculated?

Property taxes in Odessa, 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 Odessa’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Odessa, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Odessa, Lincoln County, Washington Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.34%

Estimate Property Tax Bill

$978

$908

Ownwell’s Odessa Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Odessa with just two data points. By entering your property's estimated assessed value, our calculator applies Odessa’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 Odessa, Lincoln County, Washington

Local government entities set property tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Odessa, located in Lincoln County, the effective property tax rate is 1.34%, which is higher than the national median of 1.02%. This rate reflects how local government budgets and property values interact to determine what property owners pay. Comparing Odessa's rate to the national median highlights the impact of local fiscal policies on property tax burdens. Understanding these dynamics can help property owners make informed decisions about appealing their property tax assessments and seeking potential exemptions.

Property Tax Rates Across Odessa, Lincoln County, Washington

Source: Ownwell

0.78%

1.06%

1.34%

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 Odessa Tax Rate

1.34%

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 Odessa, Lincoln County, Washington

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
99159	0.28%	1.34%	1.34%	1.34%	1.37%

Source: Ownwell

Property Tax Assessment Values Across Odessa, Lincoln County, Washington

When examining property taxes in Odessa, 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 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 May. 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 Odessa.

For example, the median home price in Odessa is $73,000, with tax bills ranging significantly across the county. Zip code 99159 has the highest median home price at $73,000.

Property Tax Assessment Values Across Odessa, Lincoln County, Washington

Source: Ownwell

$59,720

$130,885

$202,050

Median Odessa Market Value

$73,000

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 Odessa, Lincoln County, Washington

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
99159	$14,148	$45,000	$73,000	$110,200	$162,500

Source: Ownwell

Property Tax Bills Across Odessa, Lincoln County, Washington

In Odessa, located in Lincoln County, WA, property tax bills are determined based on the assessed value of a property, which is a percentage of its market value. The median home price here is $73,000, leading to a property tax bill that typically ranges from $345 at the 25th percentile to $2,168 at the 90th percentile. The local median property tax bill stands at $914, which is lower than the national median property tax bill of $2,400. These taxes are essential for funding public services, but they can be a burden on homeowners, especially when the assessed value does not accurately reflect the market value. This is where Ownwell steps in, offering expert property tax appeal and exemption services to ensure homeowners pay only their fair share. By analyzing each property’s assessment and market value, Ownwell helps identify potential savings, providing a significant relief for homeowners who may be overpaying on their property taxes.

Property Tax Bills Across Odessa, Lincoln County, Washington

Source: Ownwell

$463

$1,156

$1,849

Median Odessa Tax Bill

$914

Median Lincoln County Tax Bill

$618

Median Washington Tax Bill

$4,284

Median United States Tax Bill

$2,400

Property Tax Bills Across Odessa, Lincoln County, Washington

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
99159	$37	$345	$914	$1,431	$2,168

Source: Ownwell