Longview, Washington Property Taxes
The median property tax rate in Longview, WA is 1.09%, which is notably higher than the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Longview, the typical annual property tax bill reaches $85, which is significantly lower than the national median of $2,690. Property taxes in Longview are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Longview'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 Longview or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Longview, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$85
$79
Ownwell’s Longview Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Longview with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Longview 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 Longview, Washington
Property taxes in Longview, Washington, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Longview is 1.09%, which is higher than the U.S. national median of 0.99%. Local government entities within Longview set these rates annually, and they can vary significantly across different neighborhoods. Each year, Longview 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 Longview's effective property tax rate to other areas and the national median. For comparison, the zip code 98632 has both the highest and lowest median property tax rate of 1.09%. Understanding how these areas compare with Longview 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 Longview Tax Rate
1.09%
Average Pacific County Tax Rate
0.79%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Longview, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98632 | 1.09% | 1.09% | 1.09% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Longview, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Longview, WA. 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 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. Assessment notices in Longview 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Longview is $7,800, with tax bills ranging from $85 at the 25th percentile to $85 at the 90th percentile.
Average Longview Assessed Value
$7,800
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 Longview, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98632 | $7,800 | $7,800 | $7,800 | $7,800 | $7,800 |
Source: Ownwell
Property Tax Bills Across Longview, Washington
In Longview, located in Pacific County, WA, property tax bills are calculated based on the assessed value of a property. The county assessor determines this value, which is intended to reflect the property's fair market value. Once the assessed value is established, local tax rates are applied to calculate the annual tax bill. These rates are influenced by various factors including local government budgets, public school funding, and infrastructure needs. For homeowners in Longview, the property tax rate is notably lower than the national median of 0.99%. The tax bill for properties at the 25th, 75th, and 90th percentiles in Longview is consistently $85, highlighting a relatively uniform and affordable tax structure. This stability can be a financial relief for homeowners, ensuring predictable expenses year over year. The affordability of property taxes in Longview makes it an attractive location for residents, contributing to a stable housing market and community growth.
Average Longview Tax Bill
$85
Average Pacific County Tax Bill
$1,389
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Longview, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98632 | $85 | $85 | $85 | $85 | $85 |
Source: Ownwell