Riverside, Okanogan County, Washington Property Taxes
Median Riverside, WA effective property tax rate: 1.03%, slightly higher than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Riverside, WA home value: $128,500
Median annual Riverside, WA tax bill: $1,212, $1,188 lower than the national median property tax bill of $2,400.
How are property taxes in Okanogan calculated?
Property taxes in Riverside, 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 Riverside’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Riverside, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Riverside, Okanogan County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.03%
Estimate Property Tax Bill
$1,324
$1,228
Property Tax Rates Across Riverside, Okanogan County, Washington
Local government entities set tax rates, and these can vary widely within a state. This is because each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Riverside, Okanogan County, Washington, the effective property tax rate is 1.03%, which aligns with the median property tax rate across the state. Interestingly, this rate is slightly above the national median property tax rate of 1.02%. This means that property owners in Riverside might find themselves paying a bit more compared to the national average, but it aligns with Washington's overall property tax landscape.
Comparing Riverside's tax rate to other cities in Washington reveals a consistent pattern, as the highest and lowest median tax rates in the state are also at 1.03%. This suggests a uniformity in property tax rates across different regions within Washington, offering a predictable financial environment for property owners.
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 Riverside Tax Rate
1.03%
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 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 Riverside, Okanogan County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98849 | 0.51% | 0.95% | 1.03% | 1.08% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Riverside, Okanogan County, Washington
When examining property taxes in Riverside, 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 Assessor's Office 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 April. 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 Riverside.
For example, the median home price in Riverside is $128,500, with tax bills ranging significantly across the county. Zip code 98849 has the highest median home price at $128,500.
Property Tax Assessment Values Across Riverside, Okanogan County, Washington
Source: Ownwell
$64,200
$206,850
$349,500
Median Riverside Market Value
$128,500
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 Riverside, Okanogan County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98849 | $34,640 | $69,600 | $128,500 | $183,200 | $286,040 |
Source: Ownwell
Property Tax Bills Across Riverside, Okanogan County, Washington
Median Riverside Tax Bill
$1,212
Median Okanogan County Tax Bill
$1,302
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across Riverside, Okanogan County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98849 | $247 | $549 | $1,212 | $1,789 | $2,877 |
Source: Ownwell