Underwood, Skamania County, Washington Property Taxes
Median Underwood, WA effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Underwood, WA home value: $515,500
Median annual Underwood, WA tax bill: $4,373, $1,973 higher than the national median property tax bill of $2,400.
How are property taxes in Skamania calculated?
Property taxes in Underwood, 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 Underwood’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Underwood, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Underwood, Skamania County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$4,485
$4,162
Property Tax Rates Across Underwood, Skamania County, Washington
Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Underwood’s effective property tax rate to other cities in Washington and the median property tax rates in Washington and the U.S.
Underwood, located in Skamania County, Washington, has a property tax rate that aligns with the county's median rate of 0.87%. This rate is lower than the national median property tax rate of 1.02%, offering residents a relatively favorable tax environment. The consistency in tax rates within Skamania County, as seen in ZIP code 98651, provides a stable and predictable financial outlook for property owners. Homeowners in Underwood benefit from this stability, which can be an attractive factor for prospective buyers or investors looking for opportunities in Washington. By maintaining a tax rate below the national median, Underwood positions itself as an appealing location for those seeking to maximize their investment in property.
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 Underwood Tax Rate
0.87%
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 Skamania County Tax Rate
0.87%
Median Effective Washington Tax Rate
0.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Underwood, Skamania County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98651 | 0.87% | 0.87% | 0.87% | 0.87% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Underwood, Skamania County, Washington
When examining property taxes in Underwood, 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 Skamania County appraisal district 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 Skamania County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Underwood. For example, the median home price in Underwood is $515,500, with tax bills ranging significantly across the county. Zip code 98651 has the highest median home price at $515,500.
Property Tax Assessment Values Across Underwood, Skamania County, Washington
Source: Ownwell
$177,500
$346,500
$515,500
Median Underwood Market Value
$515,500
Median Skamania County Market Value
$323,050
Median Washington Market Value
$482,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Underwood, Skamania County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98651 | $258,200 | $351,600 | $515,500 | $712,400 | $946,400 |
Source: Ownwell
Property Tax Bills Across Underwood, Skamania County, Washington
Median Underwood Tax Bill
$4,373
Median Skamania County Tax Bill
$2,812
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across Underwood, Skamania County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98651 | $1,832 | $2,935 | $4,373 | $6,058 | $8,238 |
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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