Carbonado, Washington Property Taxes
The median property tax rate in Carbonado, WA is 0.67%, significantly lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Carbonado at $406,900, the typical annual property tax bill reaches $2,605, falling just below the national median of $2,690. Property taxes in Carbonado are calculated based on the tax assessed value, which often comes in lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Carbonado'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 Carbonado 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
Carbonado, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.67%
Estimate Property Tax Bill
$2,726
$2,530
$1,148
Average Tax Savings
Ownwell’s Carbonado Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carbonado with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carbonado to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Carbonado. 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 Carbonado, Washington
Property taxes in Carbonado, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carbonado is 0.67%, which is lower than the U.S. national median of 0.99%. Local government entities within Carbonado set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carbonado 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 Carbonado's effective property tax rate to other areas in Pierce County and the national median. For comparison, the zip code 98323 has both the highest and lowest median property tax rate of 0.67%. Understanding how these areas compare with Carbonado provides valuable insights into the varying tax landscape across Pierce County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carbonado Tax Rate
0.67%
Average Pierce County Tax Rate
1.02%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carbonado, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98323 | 0.57% | 0.65% | 0.67% | 0.73% | 0.93% |
Source: Ownwell
$1,148
Average Carbonado Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Carbonado, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Carbonado, Washington. 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 Pierce 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 Carbonado 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 Carbonado helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Carbonado are both $2,605 in zip code 98323, highlighting a consistent tax environment.
Property Tax Assessment Values Across Carbonado, Washington
Source: Ownwell
$21,400
$1,254,100
$2,486,800
Average Carbonado Assessed Value
$406,900
Average Pierce County Assessed Value
$465,900
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carbonado, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98323 | $251,610 | $318,275 | $406,900 | $591,025 | $760,050 |
Source: Ownwell
$1,148
Average Carbonado Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Carbonado, Washington
Property tax bills in Carbonado, Pierce 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 and reflects the property's market value. Homeowners in Carbonado can expect property tax bills ranging from $2,016 at the 25th percentile to $6,327 at the 90th percentile, with the highest median tax bill recorded at $2,605. These taxes fund essential public services like schools, infrastructure, and emergency services, directly impacting homeowners' finances. Ownwell helps homeowners in Carbonado save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property's assessed value and comparing it to similar properties, Ownwell identifies discrepancies and files appeals on your behalf. This service ensures that you only pay your fair share, potentially saving you hundreds or even thousands of dollars annually. Trust Ownwell to navigate the complexities of property tax assessments and keep your tax bills as low as possible.
Average Carbonado Tax Bill
$2,605
Average Pierce County Tax Bill
$4,693
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Carbonado, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98323 | $933 | $2,016 | $2,605 | $4,148 | $6,327 |
Source: Ownwell
$1,148
Average Carbonado Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| Pierce Tax Assessor | |
| Phone | (253) 798-6111 |
| Website | atip.piercecountywa.gov |
| pcatr@piercecountywa.gov | |
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