Center Island, San Juan County, Washington Property Taxes
The median property tax rate in Center Island, WA is 0.47%, considerably lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Center Island, the typical annual property tax bill reaches $898, significantly below the national median of $2,690. Property taxes in Center Island 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 Center Island'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 Center Island 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
Center Island, San Juan County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$960
$891
$1,148
Average Tax Savings
Ownwell’s Center Island Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Center Island with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Center Island 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 Center Island. 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 Center Island, San Juan County, Washington
Property taxes in Center Island, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Center Island is 0.47%, which is lower than the Washington state median of 0.93% and the U.S. national median of 0.99%. Local government entities within Center Island set these rates annually, and they can vary significantly across different neighborhoods. Each year, Center Island 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 Center Island's effective property tax rate to other counties in Washington and the national median. For comparison, the highest median property tax rate in the county is found in zip code 98250 with a rate of 0.85%, while the lowest median tax rate is in zip code 98261 at 0.29%. Understanding how these areas compare with Center Island provides valuable insights into the varying tax landscape across San Juan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Center Island Tax Rate
0.47%
Average San Juan County Tax Rate
0.62%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Center Island, San Juan County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Center Island Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Center Island, San Juan County, Washington
In Center Island, 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 San Juan 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 Center Island, 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 Center Island helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in the area is $204,330, with tax bills ranging from $731 at the 25th percentile to $2,813 at the 90th percentile.
Property Tax Assessment Values Across Center Island, San Juan County, Washington
Source: Ownwell
$496,770
$807,395
$1,118,020
Average Center Island Assessed Value
$204,330
Average San Juan County Assessed Value
$691,520
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Center Island, San Juan County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Center Island Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Center Island, San Juan County, Washington
In Center Island, San Juan County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in the area is $204,330. Property taxes are then applied to this assessed value, resulting in varying tax bills for homeowners. For instance, tax bills range from the 25th percentile at $731 to the 75th percentile at $1,652, with the 90th percentile reaching up to $2,813. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. These taxes can significantly impact homeowners, particularly if the assessed value increases over time. Ownwell offers a valuable service by helping homeowners appeal their property tax assessments and secure exemptions. By leveraging our expertise, homeowners can potentially lower their tax bills, ensuring they only pay their fair share. This can result in significant savings, providing financial relief and peace of mind.
Property Tax Bills Across Center Island, San Juan County, Washington
Source: Ownwell
$2,218
$4,400
$6,581
Average Center Island Tax Bill
$898
Average San Juan County Tax Bill
$4,068
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Center Island, San Juan County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
$1,148
Average Center Island Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | December 1 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| San Juan Tax Assessor | |
| Website | parcel.sanjuanco.com |
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