Conway, Washington Property Taxes
The median property tax rate in Conway, WA is 1.02%, slightly above both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Conway at $412,400, the typical annual property tax bill amounts to $3,887, surpassing the national median of $2,690. Property taxes in Conway are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as the primary residence and agricultural exemptions. Understanding Conway'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 Conway or another part of Skagit County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Conway, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$4,206
$4,109
$1,148
Average Conway, Washington Tax Savings
Ownwell’s Conway Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Conway with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Conway 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 Conway. 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 Conway, Washington
Property taxes in Conway, Washington, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Conway is 1.02%, higher than the U.S. national median of 0.99%. Local government entities within Conway set these rates annually, and they can vary significantly across different neighborhoods. Each year, Conway 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 Conway's effective property tax rate to other areas in Washington and the national median. For comparison, the 98238 zip code has the highest median property tax rate of 1.02%, while the same zip code also has the lowest median tax rate of 1.02%. Understanding how these areas compare with Conway provides valuable insights into the varying tax landscape across Skagit County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Conway Tax Rate
1.02%
Average Skagit County Tax Rate
0.86%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Conway, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98238 | 0.48% | 0.80% | 1.02% | 1.06% | 1.09% |
Source: Ownwell
$1,148
Average Conway Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Conway, Washington
In Conway, 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 Skagit 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 Conway, 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 Conway helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 98238, with a median tax bill of $3,887.
Average Conway Assessed Value
$412,400
Average Skagit County Assessed Value
$473,200
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Conway, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98238 | $318,160 | $378,100 | $412,400 | $491,150 | $795,500 |
Source: Ownwell
$1,148
Average Conway Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Conway, Washington
In Conway, Skagit County, WA, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine your annual tax bill. For instance, with a median home price of $412,400, homeowners can expect to pay between $2,595 and $5,120, depending on various factors such as property location and improvements. The highest and lowest median tax bills both stand at $3,887 in the 98238 zip code, reflecting a consistent tax rate across the area. Several factors influence your tax bill, including market trends, property improvements, and local government budgets. High property taxes can significantly affect homeowners, leading to increased annual expenses. Ownwell can help homeowners in Conway save on their property tax bills by providing expert property tax appeal services. By analyzing your property’s assessed value and comparing it with market data, Ownwell can identify discrepancies and file appeals on your behalf, potentially lowering your tax liability and saving you money.
Average Conway Tax Bill
$3,887
Average Skagit County Tax Bill
$4,058
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Conway, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98238 | $1,724 | $2,595 | $3,887 | $4,676 | $5,120 |
Source: Ownwell
$1,148
Average Conway Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | November 12 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| Skagit Tax Assessor | |
| Website | skagitcounty.net |
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