Curlew, Washington Property Taxes
The median property tax rate in Curlew, WA is 0.42%, significantly lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Curlew at $82,630, the typical annual property tax bill amounts to $349, well below the national median of $2,690. Property taxes in Curlew are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Curlew'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 Curlew or another part of Pend Oreille County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Curlew, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.42%
Estimate Property Tax Bill
$347
$322
Ownwell’s Curlew Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Curlew with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Curlew 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 Curlew, Washington
Property taxes in Curlew, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Curlew is 0.42%, lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Curlew set these rates annually, and they can vary significantly across different neighborhoods. Each year, Curlew 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 Curlew's effective property tax rate to other counties in Washington and the national median. For comparison, the 99118 zip code has both the highest and lowest median property tax rate of 0.42%. Understanding how these cities compare with Curlew provides valuable insights into the varying tax landscape across Pend Oreille County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Curlew Tax Rate
0.42%
Average Pend Oreille County Tax Rate
0.87%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Curlew, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99118 | 0.42% | 0.42% | 0.42% | 0.42% | 0.42% |
Source: Ownwell
Property Tax Assessment Values Across Curlew, Washington
In Curlew, 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 Pend Oreille 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 Curlew, 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 Curlew helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $349, found in zip code 99118, highlighting the uniformity in property tax assessments within the area.
Average Curlew Assessed Value
$82,630
Average Pend Oreille County Assessed Value
$181,614
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Curlew, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99118 | $82,630 | $82,630 | $82,630 | $82,630 | $82,630 |
Source: Ownwell
Property Tax Bills Across Curlew, Washington
In Curlew, located in Pend Oreille County, WA, property tax bills are calculated based on the assessed value of a home, which is then multiplied by the local tax rate. The median home price in Curlew is $82,630, and the property tax rate is determined by local taxing authorities. Homeowners in Curlew can expect a median tax bill of $349, which is consistent across various percentiles, indicating a uniform tax rate application. Factors considered in determining the tax bill include the assessed value of the property, which is periodically reassessed to reflect market changes, and local budgetary needs for public services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Curlew's property taxes are relatively modest. This affects homeowners by providing a predictable and manageable tax expense, contributing to the overall affordability of living in Curlew. Lower property taxes can make homeownership more accessible and may positively influence the local real estate market.
Average Curlew Tax Bill
$349
Average Pend Oreille County Tax Bill
$1,429
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Curlew, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99118 | $349 | $349 | $349 | $349 | $349 |
Source: Ownwell