Orting, Washington Property Taxes
The median property tax rate in Orting, WA is 0.89%, slightly lower than the national median of 0.99% but just above the Washington state median of 0.88%. With the median home value in Orting at $453,050, the typical annual property tax bill reaches $3,986, significantly higher than the national median of $2,690. Property taxes in Orting 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 Orting'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 Orting 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
Orting, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$4,032
$3,742
$1,148
Average Tax Savings
Ownwell’s Orting Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orting with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orting 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 Orting. 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 Orting, Washington
Property taxes in Orting, Washington, play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Orting is 0.89%, slightly lower than the U.S. national median of 0.99%. Local government entities within Orting set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orting 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 Orting's effective property tax rate to other areas in Pierce County and the national median. For comparison, the zip code 98360 has both the highest and lowest median property tax rate of 0.89%. Understanding how these areas compare with Orting 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 Orting Tax Rate
0.89%
Average Pierce County Tax Rate
1.02%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orting, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98360 | 0.77% | 0.87% | 0.89% | 0.91% | 0.98% |
Source: Ownwell
$1,148
Average Orting Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Orting, Washington
In Orting, 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 Pierce County Assessor-Treasurer 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 Orting 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. The median home price in Orting is $453,050, with the highest and lowest median tax bills both at $3,986 in the 98360 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Orting Assessed Value
$453,050
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 Orting, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98360 | $299,060 | $388,825 | $453,050 | $529,175 | $617,740 |
Source: Ownwell
$1,148
Average Orting Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Orting, Washington
In Orting, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the Pierce County Assessor. The tax rate is applied to this assessed value to determine the annual tax bill. With a median home price of $453,050, homeowners in Orting can expect their tax bills to vary significantly. For instance, tax bills at the 25th percentile are around $3,387, while those at the 75th percentile can reach $4,745, and the 90th percentile can be as high as $5,694. The highest median tax bill in the area is $3,986, consistent across the 98360 zip code. Factors such as property improvements, market conditions, and local levies can influence these assessments, affecting homeowners' tax burdens. Ownwell helps by reviewing your property's assessed value and identifying potential inaccuracies or over-assessments. Our experts then file appeals on your behalf, aiming to reduce your tax liability and ensure you are not overpaying. This service can lead to substantial savings, providing financial relief and peace of mind for homeowners.
Average Orting Tax Bill
$3,986
Average Pierce County Tax Bill
$4,693
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Orting, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98360 | $2,111 | $3,387 | $3,986 | $4,745 | $5,694 |
Source: Ownwell
$1,148
Average Orting 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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