Malott, Okanogan County, Washington Property Taxes

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

Median Malott, WA effective property tax rate: 1.31%, significantly higher than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Malott, WA home value: $124,700
Median annual Malott, WA tax bill: $1,437, $963 lower than the national median property tax bill of $2,400.

How are property taxes in Okanogan calculated?

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

Last Updated March 1, 2025

Malott, Okanogan County, Washington Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.31%

Estimate Property Tax Bill

$1,634

$1,516

Ownwell’s Malott Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Malott with just two data points. By entering your property's estimated assessed value, our calculator applies Malott’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 Okanogan County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Malott, Okanogan County, Washington

Local government entities in Washington set tax rates, which can vary widely within the state. Each year, Okanogan County estimates its required budget to provide services and divides 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. Below, you can compare Malott’s effective property tax rate to other cities in Washington and the median property tax rates in Washington and the U.S. Washington's median property tax rate stands at 1.31%, surpassing the national median of 1.02%. This higher rate reflects the county's need to fund essential services, which may include education, public safety, and infrastructure. Malott, located in Okanogan County, shares the same median tax rate, highlighting the consistency within the region. This rate, while higher than the national average, ensures that the community has the resources necessary to maintain and improve its public services.

Property Tax Rates Across Malott, Okanogan County, Washington

Source: Ownwell

0.90%

1.12%

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 Malott Tax Rate

1.31%

Median Effective Okanogan County Tax Rate

1.08%

Median Effective Washington Tax Rate

0.88%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Malott, Okanogan County, Washington

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
98829	0.55%	1.11%	1.31%	1.33%	1.36%

Source: Ownwell

Property Tax Assessment Values Across Malott, Okanogan County, Washington

When examining property taxes in Malott, 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 Okanogan County appraisal district 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 Okanogan 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 Malott. For example, the median home price in Malott is $124,700, with tax bills ranging significantly across the county. 98829 has the highest median home price at $124,700.

Property Tax Assessment Values Across Malott, Okanogan County, Washington

Source: Ownwell

$64,200

$206,850

$349,500

Median Malott Market Value

$124,700

Median Okanogan County Market Value

$128,000

Median Washington Market Value

$482,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Malott, Okanogan County, Washington

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
98829	$35,340	$67,050	$124,700	$178,650	$276,920

Source: Ownwell

Property Tax Bills Across Malott, Okanogan County, Washington

In Malott, located in Okanogan County, WA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The median home price in Malott is $124,700. The tax bill can vary significantly, with the 25th percentile at $610, the 75th percentile at $2,198, and the 90th percentile reaching up to $3,744. Homeowners in Malott face a median tax bill of $1,437, which is below the national median of $2,400. Various factors influence the tax bill, including property location, size, and improvements. These taxes fund essential public services like schools, infrastructure, and emergency services, impacting homeowners by affecting their annual financial planning.

Ownwell assists homeowners in reducing their property tax bills by offering expert property tax appeal services. By analyzing the assessed value and comparing it with market values, Ownwell identifies opportunities for tax reductions. This can lead to substantial savings, ensuring homeowners only pay their fair share.

Property Tax Bills Across Malott, Okanogan County, Washington

Source: Ownwell

$576

$2,176

$3,775

Median Malott Tax Bill

$1,437

Median Okanogan County Tax Bill

$1,302

Median Washington Tax Bill

$4,284

Median United States Tax Bill

$2,400

Property Tax Bills Across Malott, Okanogan County, Washington

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
98829	$213	$610	$1,437	$2,198	$3,744

Source: Ownwell