Waldron, Washington Property Taxes
The median property tax rate in Waldron, WA is 0.47%, significantly lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Waldron at $393,085, the typical annual property tax bill is $1,839, which is well below the national median of $2,690. Property taxes in Waldron are calculated based on the tax assessed value, which often falls below the market value due to exemptions like primary residence and agricultural exemptions. Understanding Waldron'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 Waldron 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
Waldron, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$1,847
$1,714
$1,148
Average Tax Savings
Ownwell’s Waldron Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Waldron with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Waldron 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 Waldron. 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 Waldron, Washington
Property taxes in Waldron, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Waldron is 0.47%, notably lower than the U.S. national median of 0.99%. Local government entities within Waldron set these rates annually, and they can vary significantly across different neighborhoods. Each year, Waldron 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 Waldron's effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 98297 has both the highest and lowest median property tax rate of 0.47%. Understanding how these cities compare with Waldron 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 Waldron 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 Waldron, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98297 | 0.46% | 0.46% | 0.47% | 0.48% | 0.48% |
Source: Ownwell
$1,148
Average Waldron Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Waldron, Washington
In Waldron, 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 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 Waldron, 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 Waldron helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $393,085, with the highest and lowest median tax bills both recorded at $1,839 in zip code 98297.
Average Waldron Assessed Value
$393,085
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 Waldron, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98297 | $269,727 | $295,282 | $393,085 | $524,722 | $611,181 |
Source: Ownwell
$1,148
Average Waldron Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Waldron, Washington
In Waldron, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $393,085, homeowners can expect tax bills ranging from $1,404 at the 25th percentile to $2,793 at the 90th percentile. Factors such as property size, location, and improvements can influence the assessed value, impacting the total tax bill. Homeowners in Waldron face varying property tax burdens, with the highest median tax bill in the area being $1,839. This is slightly below the national median property tax rate of 0.99%. Ownwell helps homeowners 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 market trends, Ownwell can identify discrepancies and file appeals on your behalf, potentially lowering your annual tax burden.
Average Waldron Tax Bill
$1,839
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 Waldron, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98297 | $1,283 | $1,404 | $1,839 | $2,416 | $2,793 |
Source: Ownwell
$1,148
Average Waldron 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 | |
|---|---|
| San Juan Tax Assessor | |
| Website | parcel.sanjuanco.com |
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