Vaughn, Washington Property Taxes
The median property tax rate in Vaughn, WA is 0.83%, 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 Vaughn at $570,400, the typical annual property tax bill amounts to $4,455, surpassing the national median of $2,690. Property taxes in Vaughn are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Vaughn'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 Vaughn 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
Vaughn, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$4,734
$4,393
$1,148
Average Tax Savings
Ownwell’s Vaughn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Vaughn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Vaughn 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 Vaughn. 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 Vaughn, Washington
Property taxes in Vaughn, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Vaughn is 0.83%, which is lower than the U.S. national median of 0.99%. Local government entities within Vaughn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Vaughn 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 Vaughn's effective property tax rate to other areas in Pierce County and the national median. For comparison, the zip code 98394 has the highest median property tax rate of 0.83%, while the same zip code also has the lowest median tax rate of 0.83%. Understanding how these areas compare with Vaughn 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 Vaughn Tax Rate
0.83%
Average Pierce County Tax Rate
1.02%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Vaughn, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98394 | 0.76% | 0.80% | 0.83% | 0.89% | 0.90% |
Source: Ownwell
$1,148
Average Vaughn Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Vaughn, Washington
In Vaughn, 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 Appraisal District 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 Vaughn, 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. In Vaughn, the median home price is $570,400, with annual tax bills ranging from $2,559 at the 25th percentile to $10,275 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Vaughn Assessed Value
$570,400
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 Vaughn, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98394 | $163,380 | $358,700 | $570,400 | $818,350 | $1,169,960 |
Source: Ownwell
$1,148
Average Vaughn Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Vaughn, Washington
Property tax bills in Vaughn, located in Pierce County, WA, are calculated based on the assessed value of your property and the local tax rate. With a median home price of $570,400, Vaughn homeowners face property tax bills that can vary significantly. For example, the 25th percentile tax bill is around $2,559, while the 75th percentile reaches $6,946, and the 90th percentile can be as high as $10,275. These figures are influenced by multiple factors, including property size, improvements, and local levies. Compared to the national median property tax rate of 0.99%, Vaughn's tax rates can result in substantial tax bills, impacting homeowners' budgets. This is where Ownwell comes in. By offering expert property tax appeal and exemption services, Ownwell helps homeowners ensure their properties are accurately assessed, potentially lowering their tax bills. Our dedicated team reviews your property details meticulously, identifies discrepancies, and files appeals on your behalf, saving you both time and money.
Average Vaughn Tax Bill
$4,455
Average Pierce County Tax Bill
$4,693
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Vaughn, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98394 | $873 | $2,559 | $4,455 | $6,946 | $10,275 |
Source: Ownwell
$1,148
Average Vaughn 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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