Grapeview, Washington Property Taxes
The median property tax rate in Grapeview, WA is 0.84%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $405,635 in Grapeview, the typical annual property tax bill amounts to $3,289, surpassing the national median of $2,690. Property taxes in Grapeview are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Grapeview'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 Grapeview or another part of Mason County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Grapeview, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$3,407
$3,162
Ownwell’s Grapeview Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Grapeview with just two data points. By entering your property's estimated assessed value, the calculator utilizes the median tax rate in Grapeview to provide an estimated property tax bill. This valuable tool helps you grasp potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Grapeview, Washington
Property taxes in Grapeview, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Grapeview is 0.84%, lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Grapeview set these rates annually, and they can vary significantly across different neighborhoods. Each year, Grapeview 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 Grapeview's effective property tax rate to other counties in Washington and the national median. For comparison, the 98546 zip code has the highest median property tax rate of 0.84%, while the same zip code also has the lowest median tax rate of 0.84%. Understanding how these areas compare with Grapeview 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 Grapeview Tax Rate
0.84%
Average Mason County Tax Rate
0.86%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Grapeview, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98546 | 0.79% | 0.79% | 0.84% | 0.85% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Grapeview, Washington
In Grapeview, 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 Grapeview, 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. The highest median tax bill in the area is $3,289, found in the 98546 zip code, which is also the lowest median 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 Grapeview helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Grapeview, Washington
Source: Ownwell
$110,185
$623,515
$1,136,845
Average Grapeview Assessed Value
$405,635
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 Grapeview, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98546 | $148,795 | $247,120 | $405,635 | $618,820 | $903,710 |
Source: Ownwell
Property Tax Bills Across Grapeview, Washington
In Grapeview, property tax bills are calculated based on the assessed value of the property, which is determined by the Mason County Assessor's Office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, the median home price in Grapeview is $405,635. Property tax bills in this area can vary significantly, with the 25th percentile paying around $1,910 annually and the 75th percentile paying approximately $5,032. Homeowners in the 90th percentile can expect to pay as much as $7,532. Several factors influence the assessed value, including the property's size, location, and condition. Additionally, any improvements or renovations can increase the assessed value, leading to higher property taxes. Compared to the national median property tax rate of 0.99%, Grapeview homeowners may find their property tax bills to be either higher or lower, depending on their specific circumstances. Understanding these factors can help homeowners anticipate their property tax obligations and plan accordingly.
Average Grapeview Tax Bill
$3,289
Average Mason County Tax Bill
$2,654
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Grapeview, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98546 | $999 | $1,910 | $3,289 | $5,032 | $7,532 |
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 |