Long Beach, Washington Property Taxes
The median property tax rate in Long Beach, WA is 0.76%, which is significantly lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $263,400 in Long Beach, the typical annual property tax bill amounts to $1,917, falling well below the national median of $2,690. Property taxes in Long Beach are calculated based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Long Beach's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Long Beach or another part of the city, becoming familiar with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Long Beach, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$2,002
$1,858
Ownwell’s Long Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Long Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Long Beach 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 Long Beach, Washington
Property taxes in Long Beach, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Long Beach is 0.76%, which is lower than the U.S. national median of 0.99%. Local government entities within Long Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Long Beach 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 Long Beach's effective property tax rate to other areas in Pacific County and the national median. For comparison, the zip code 98631 has the highest median property tax rate of 0.76%, while the same zip code also has the lowest median tax rate of 0.76%. Understanding how these areas compare with Long Beach provides valuable insights into the varying tax landscape across Pacific County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Long Beach Tax Rate
0.76%
Average Pacific County Tax Rate
0.79%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Long Beach, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98631 | 0.73% | 0.73% | 0.76% | 0.79% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Long Beach, Washington
In Long Beach, 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 Pacific 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 Long Beach, 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 Long Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 98631 has the highest median tax bill at $1917, while the lowest median tax bill is also found in the same zip code at $1917.
Average Long Beach Assessed Value
$263,400
Average Pacific County Assessed Value
$192,200
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Long Beach, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98631 | $87,480 | $167,700 | $263,400 | $384,600 | $547,920 |
Source: Ownwell
Property Tax Bills Across Long Beach, Washington
In Long Beach, located in Pacific County, WA, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in this area is $263,400. The property tax rate in Long Beach is influenced by various factors, including local government budgets and public service funding needs. Homeowners can expect their tax bills to vary significantly depending on the assessed value of their property. For instance, the tax bill at the 25th percentile is $1,139, while at the 75th percentile, it rises to $2,854. At the 90th percentile, it can reach up to $4,161. These figures highlight the range of property tax bills homeowners might encounter. The highest median tax bill recorded in Long Beach is $1,917, which is relatively modest compared to the national median property tax rate of 0.99%. Understanding these dynamics helps homeowners better anticipate their financial responsibilities and plan accordingly.
Average Long Beach Tax Bill
$1,917
Average Pacific County Tax Bill
$1,389
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Long Beach, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98631 | $513 | $1,139 | $1,917 | $2,854 | $4,161 |
Source: Ownwell