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Lopez Island, San Juan County, Washington Property Taxes

  • Median Lopez Island, WA effective property tax rate: 0.64%, significantly lower than the national median of 1.02%, but lower than the Washington state median of 0.88%.

  • Median Lopez Island, WA home value: $683,810

  • Median annual Lopez Island, WA tax bill: $4,268, $1,868 higher than the national median property tax bill of $2,400.

How are property taxes in San Juan calculated?

Property taxes in Lopez Island, WA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Lopez Island’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lopez Island, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lopez Island, San Juan County, Washington Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.64%

Estimate Property Tax Bill

$4,376

$4,061

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Lopez Island Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lopez Island with just two data points. By entering your property's estimated assessed value, our calculator applies Lopez Island’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in San Juan County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lopez Island, San Juan County, Washington

Local government entities determine tax rates, which can vary significantly within a state. Each year, counties estimate their budgetary needs to fund essential services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While voting and legislation play a role in setting these rates and budgets, this is the core annual process.

In Lopez Island, located in San Juan County, the effective property tax rate is 0.64%, which is lower than the national median of 1.02%. This rate is consistent across the area, as the highest and lowest median tax rates in the region are both 0.64%. This consistency indicates a stable tax environment for property owners. Compared to other cities in Washington, Lopez Island's property tax rate is competitive, offering potential savings for homeowners. Understanding these rates can help property owners make informed decisions about appealing their tax assessments or seeking exemptions.

Property Tax Rates Across Lopez Island, San Juan County, Washington

Source: Ownwell

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0.40%

0.52%

0.64%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Lopez Island Tax Rate

0.64%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective San Juan County Tax Rate

0.62%

Median Effective Washington Tax Rate

0.88%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lopez Island, San Juan County, Washington

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
982610.51%0.63%0.64%0.65%0.67%

Source: Ownwell

Property Tax Assessment Values Across Lopez Island, San Juan County, Washington

When examining property taxes in Lopez Island, WA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The San Juan County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In San Juan County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Lopez Island. For example, the median home price in Lopez Island is $683,810, with tax bills ranging significantly across the county. 98261 has the highest median home price at $683,810.

Property Tax Assessment Values Across Lopez Island, San Juan County, Washington

Source: Ownwell

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$496,770

$807,395

$1,118,020

Median Lopez Island Market Value

$683,810

Median San Juan County Market Value

$691,520

Median Washington Market Value

$482,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lopez Island, San Juan County, Washington

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
98261$279,206$451,990$683,810$1,051,580$1,541,380

Source: Ownwell

Property Tax Bills Across Lopez Island, San Juan County, Washington

In Lopez Island, located in San Juan County, WA, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is a percentage of the property's market value, which can fluctuate based on real estate trends and local government assessments. Factors such as property size, location, and improvements can influence the assessed value and, consequently, the tax bill. Homeowners in Lopez Island face a median property tax bill of $4,268, which is significantly higher than the national median of $2,400. This can place a substantial financial burden on homeowners, especially when the tax bill can range widely from $2,693 at the 25th percentile to $9,602 at the 90th percentile. Ownwell offers valuable assistance by reviewing property assessments and identifying potential inaccuracies or opportunities for exemptions. By appealing these assessments, Ownwell can help homeowners reduce their property tax bills, ensuring they only pay their fair share and potentially saving them thousands of dollars annually.

Property Tax Bills Across Lopez Island, San Juan County, Washington

Source: Ownwell

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$2,218

$4,400

$6,581

Median Lopez Island Tax Bill

$4,268

Median San Juan County Tax Bill

$4,068

Median Washington Tax Bill

$4,284

Median United States Tax Bill

$2,400

Property Tax Bills Across Lopez Island, San Juan County, Washington

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
98261$1,384$2,693$4,268$6,606$9,602

Source: Ownwell

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