Shelton, Washington Property Taxes
The median property tax rate in Shelton, WA is 0.91%, slightly lower than the national median of 0.99% but higher than the Washington state median of 0.88%. With the median home value in Shelton at $309,150, the typical annual property tax bill reaches $2,947, surpassing the national median of $2,690. Property taxes in Shelton are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Shelton'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 Shelton or another part of Mason County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shelton, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$2,813
$2,748
Ownwell’s Shelton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shelton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shelton 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 Shelton, Washington
Property taxes in Shelton, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shelton is 0.91%, which is slightly below the U.S. national median of 0.99%. Local government entities within Shelton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shelton 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. For comparison, the highest and lowest median property tax rates in Mason County are both 0.91%, found in the zip code 98584. Understanding how these cities compare with Shelton 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 Shelton Tax Rate
0.91%
Average Mason County Tax Rate
0.86%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shelton, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98584 | 0.71% | 0.89% | 0.91% | 1.04% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Shelton, Washington
In Shelton, 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 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 Shelton, 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 Shelton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $2,947 in the 98584 zip code.
Average Shelton Assessed Value
$309,150
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 Shelton, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98584 | $111,118 | $210,164 | $309,168 | $433,599 | $585,320 |
Source: Ownwell
Property Tax Bills Across Shelton, Washington
In Shelton, Mason County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. The assessed value is a percentage of the property's market value. Once the assessed value is established, the local property tax rate is applied to calculate the annual tax bill. Several factors influence the final tax bill, including local government budgets, school funding needs, and public services. For homeowners in Shelton, the median home price is $309,150. Tax bills can vary significantly; the 25th percentile tax bill is around $1,777, while the 75th percentile reaches approximately $4,053. At the higher end, the 90th percentile tax bill can be as much as $5,464. These property taxes are crucial for funding local services but can also have a significant impact on homeowners' annual expenses. Compared to the national median property tax rate of 0.99%, Shelton's property taxes reflect the unique economic and governmental factors of the region.
Average Shelton Tax Bill
$2,947
Average Mason County Tax Bill
$2,654
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Shelton, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98584 | $723 | $1,777 | $2,947 | $4,053 | $5,464 |
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 |