Tonasket, Okanogan County, Washington Property Taxes

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

Median Tonasket, WA effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Tonasket, WA home value: $107,550
Median annual Tonasket, WA tax bill: $1,094, $1,306 lower than the national median property tax bill of $2,400.

How are property taxes in Okanogan County calculated?

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

Last Updated March 1, 2025

Tonasket, Okanogan County, Washington Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.16%

Estimate Property Tax Bill

$1,248

$1,158

Ownwell’s Tonasket Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tonasket with just two data points. By entering your property's estimated assessed value, our calculator applies Tonasket’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 Tonasket, Okanogan County, Washington

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and then 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, this is the annual process in a nutshell. Below, you can compare Tonasket’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 is slightly above the national median, reflecting the diverse needs and budgets of its counties. In Okanogan County, where Tonasket is located, the property tax rate aligns with the state median, demonstrating a balance between local service requirements and property values. Understanding these local dynamics can help property owners make informed decisions about tax appeals and exemptions.

Property Tax Rates Across Tonasket, 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 Tonasket Tax Rate

1.16%

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 Tonasket, Okanogan County, Washington

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
98855	0.52%	1.06%	1.16%	1.22%	1.26%

Source: Ownwell

Property Tax Assessment Values Across Tonasket, Okanogan County, Washington

When examining property taxes in Tonasket, 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 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.

Assessment notices: 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 Tonasket. For example, the median home price in Tonasket is $107,550, with tax bills ranging significantly across the county. Zip code 98855 has the highest median home price at $107,550.

Property Tax Assessment Values Across Tonasket, Okanogan County, Washington

Source: Ownwell

$64,200

$206,850

$349,500

Median Tonasket Market Value

$107,550

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 Tonasket, Okanogan County, Washington

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
98855	$28,250	$51,475	$107,550	$175,075	$252,700

Source: Ownwell

Property Tax Bills Across Tonasket, Okanogan County, Washington

In Tonasket, located in Okanogan County, WA, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local assessor's office and reflects the market value of the property. Homeowners in Tonasket face a median property tax bill of $1,094, which is significantly lower than the national median of $2,400. Factors influencing the tax bill include changes in property values, local tax rates, and any applicable exemptions. For example, the tax bill at the 25th percentile is $465, while at the 90th percentile, it reaches $2,849, indicating a range influenced by property value and location.

Homeowners can benefit from consulting services like Ownwell, which specializes in property tax appeals and exemptions. By reviewing property assessments and identifying potential discrepancies or overlooked exemptions, Ownwell helps homeowners reduce their tax burdens. This can result in considerable savings, especially for those whose properties are assessed higher than the market value. Partnering with Ownwell can ensure that homeowners only pay their fair share in property taxes.

Property Tax Bills Across Tonasket, Okanogan County, Washington

Source: Ownwell

$576

$2,176

$3,775

Median Tonasket Tax Bill

$1,094

Median Okanogan County Tax Bill

$1,302

Median Washington Tax Bill

$4,284

Median United States Tax Bill

$2,400

Property Tax Bills Across Tonasket, Okanogan County, Washington

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
98855	$218	$465	$1,094	$1,951	$2,849

Source: Ownwell