Allyn, Washington Property Taxes
The median property tax rate in Allyn, WA is 0.89%, slightly below the national median of 0.99% but just above the Washington state median of 0.88%. With a median home value of $388,585 in Allyn, the typical annual property tax bill comes to $3,310, surpassing the national median of $2,690. Property taxes in Allyn are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Allyn'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 Allyn 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
Allyn, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$3,458
$3,379
Ownwell’s Allyn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Allyn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Allyn 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 Allyn, Washington
Property taxes in Allyn, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Allyn is 0.89%, which is slightly below the U.S. national median of 0.99%. Local government entities within Allyn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Allyn 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 Allyn's effective property tax rate to other areas in Mason County and the national median. For comparison, the zip code 98524 has both the highest and lowest median property tax rate of 0.89%. Understanding how these areas compare with Allyn provides valuable insights into the varying tax landscape across Mason County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Allyn Tax Rate
0.89%
Average Mason County Tax Rate
0.86%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Allyn, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98524 | 0.79% | 0.79% | 0.89% | 0.89% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Allyn, Washington
In Allyn, 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 Mason County Assessor 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 Allyn, 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 Allyn helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area both stand at $3,310, specifically in the 98524 zip code.
Average Allyn Assessed Value
$388,585
Average Mason County Assessed Value
$304,420
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Allyn, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98524 | $202,955 | $301,425 | $388,585 | $494,810 | $625,555 |
Source: Ownwell
Property Tax Bills Across Allyn, Washington
In Allyn, situated within Mason County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For homeowners in Allyn, the median home price stands at $388,585. The tax bill can vary significantly, with the 25th percentile at $2,515 and the 75th percentile at $4,275, showcasing a wide range of potential tax obligations. At the 90th percentile, homeowners might see tax bills as high as $5,316. These taxes fund essential public services such as schools, roads, and emergency services, directly impacting the community's quality of life. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding local tax burdens. Homeowners in Allyn must consider these factors when budgeting for annual expenses and evaluating the overall cost of homeownership in the area.
Average Allyn Tax Bill
$3,310
Average Mason County Tax Bill
$2,654
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Allyn, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98524 | $1,377 | $2,515 | $3,310 | $4,275 | $5,316 |
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 | |
|---|---|
| Mason Tax Assessor | |
| Website | property.masoncountywa.gov |