Metaline, Washington Property Taxes
The median property tax rate in Metaline, WA is 0.80%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Metaline, the typical annual property tax bill reaches $840, significantly below the national median of $2,690. Property taxes in Metaline are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Metaline'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 Metaline 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
Metaline, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$864
$845
Ownwell’s Metaline Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Metaline with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Metaline 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 Metaline, Washington
Property taxes in Metaline, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Metaline is 0.80%, slightly lower than the U.S. national median of 0.99%. Local government entities within Metaline set these rates annually, and they can vary significantly across different neighborhoods. Each year, Metaline 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 Metaline's effective property tax rate to other counties in Washington and the national median. For comparison, the 99152 zip code has both the highest and lowest median property tax rate of 0.80%. Understanding how these figures compare with Metaline 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 Metaline Tax Rate
0.80%
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 Metaline, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99152 | 0.79% | 0.80% | 0.80% | 0.80% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Metaline, Washington
In Metaline, 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. 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 Metaline helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 99152 has the highest and lowest median tax bill at $840.
Average Metaline Assessed Value
$108,062
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 Metaline, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99152 | $22,314 | $68,559 | $108,062 | $165,430 | $227,594 |
Source: Ownwell
Property Tax Bills Across Metaline, Washington
Property tax bills in Metaline, Pend Oreille County, WA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value. Homeowners in Metaline can expect their property tax bills to vary significantly, with the 25th percentile at $445 and the 75th percentile at $1,310. At the 90th percentile, the tax bill can reach up to $1,801. The median home price in Metaline is $108,062, which influences the overall tax amount. Compared to the national median property tax rate of 0.99%, Metaline's property tax landscape can present a range of financial impacts on homeowners. Factors such as property improvements, neighborhood developments, and changes in the local tax rate can further affect tax bills. Homeowners should stay informed about these variables to anticipate changes in their annual tax obligations. Understanding how property taxes are calculated helps homeowners budget more effectively and plan for future expenses.
Average Metaline Tax Bill
$840
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 Metaline, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99152 | $132 | $445 | $840 | $1,310 | $1,801 |
Source: Ownwell