Pe Ell, Washington Property Taxes
The median property tax rate in Pe Ell, WA is 0.69%, which is notably lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Pe Ell at $280,400, the typical annual property tax bill amounts to $1,156, falling well below the national median of $2,690. Property taxes in Pe Ell are determined based on the tax assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. Gaining a thorough understanding of Pe Ell's property tax system, exploring available exemptions, and identifying potential opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Pe Ell 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
Pe Ell, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.69%
Estimate Property Tax Bill
$1,935
$1,795
Ownwell’s PE ELL Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in PE ELL with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in PE ELL to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in more detailed information, you can explore trends at a neighborhood level by scrolling down. Your property’s assessed value is determined by the county and is used for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Pe Ell, Washington
Property taxes in Pe Ell, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pe Ell is 0.69%, which is lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Pe Ell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pe Ell 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 Pe Ell's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 98572 has both the highest and the lowest median property tax rate of 0.69%. Understanding how these areas compare with Pe Ell 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 Pe Ell Tax Rate
0.69%
Average Pacific County Tax Rate
0.79%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pe Ell, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98572 | 0.20% | 0.38% | 0.69% | 0.69% | 0.69% |
Source: Ownwell
Property Tax Assessment Values Across Pe Ell, Washington
In Pe Ell, 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's Office 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 Pe Ell, 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 Pe Ell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Pe Ell is $280,400, with the highest and lowest median tax bills both recorded at $1,156 in zip code 98572.
Average Pe Ell Assessed Value
$280,400
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 Pe Ell, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98572 | $188,960 | $223,250 | $280,400 | $294,650 | $303,200 |
Source: Ownwell
Property Tax Bills Across Pe Ell, Washington
In Pe Ell, property tax bills are calculated based on the assessed value of your home, which is determined by the Pacific County assessor's office. This assessed value is then multiplied by the local tax rate to determine your annual property tax bill. For homeowners in Pe Ell, the median home price is $280,400. Property tax bills can vary significantly depending on the specific value of the property and the tax rate applied. For instance, homeowners at the 25th percentile can expect to pay around $690 annually, while those at the 75th percentile might see bills closer to $1,643. At the 90th percentile, tax bills can reach up to $1,935. Compared to the national median property tax rate of 0.99%, Pe Ell's property tax rates reflect the local economic conditions and funding requirements for public services. These taxes directly impact homeowners, influencing their overall housing costs and potentially their decisions about homeownership in the area.
Average Pe Ell Tax Bill
$1,156
Average Pacific County Tax Bill
$1,389
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Pe Ell, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98572 | $410 | $690 | $1,156 | $1,643 | $1,935 |
Source: Ownwell