Cougar, Washington Property Taxes
The median property tax rate in Cougar, WA is 0.87%, slightly lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Cougar at $177,500, the typical annual property tax bill amounts to $1,518, which is significantly less than the national median of $2,690. Property taxes in Cougar are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as the primary residence and agricultural exemptions. Understanding Cougar's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Cougar or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cougar, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$1,544
$1,509
Ownwell’s Cougar Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cougar with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cougar to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Cougar, Washington
Property taxes in Cougar, Washington, are essential in funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Cougar is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Cougar set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cougar 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 Cougar's effective property tax rate to other areas in Skamania County and the national median. For comparison, the ZIP code 98616 has both the highest and lowest median property tax rate of 0.87%. Understanding how these areas compare with Cougar provides valuable insights into the varying tax landscape across Skamania County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cougar Tax Rate
0.87%
Average Skamania County Tax Rate
0.87%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cougar, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98616 | 0.72% | 0.73% | 0.87% | 0.87% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Cougar, Washington
In Cougar, 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 Skamania 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. 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 Cougar helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Cougar, the median home price is $177,500, with the highest and lowest median tax bill both recorded at $1,518 in zip code 98616.
Average Cougar Assessed Value
$177,500
Average Skamania County Assessed Value
$323,050
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cougar, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98616 | $137,220 | $147,800 | $177,500 | $321,600 | $421,140 |
Source: Ownwell
Property Tax Bills Across Cougar, Washington
In Cougar, located in Skamania County, WA, property tax bills are determined by several factors, including the assessed value of the property and the local tax rate. The assessed value is derived from the market value, which is influenced by factors such as property size, location, and condition. The tax rate is applied to this assessed value to calculate the annual tax bill. For homeowners in Cougar, the median home price stands at $177,500. The property tax rate in this region results in a median tax bill of approximately $1,518, which is higher than the national median property tax rate of 0.99%. This means that homeowners in Cougar can expect to pay more in property taxes compared to the national average. Depending on the specific property, tax bills can vary significantly, with the 25th percentile at $1,146 and the 75th percentile reaching $3,038. The highest tax bills, at the 90th percentile, can go up to $3,737, reflecting the range of property values and associated taxes in the area.
Average Cougar Tax Bill
$1,518
Average Skamania County Tax Bill
$2,812
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Cougar, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98616 | $999 | $1,146 | $1,518 | $3,038 | $3,737 |
Source: 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 |
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