Washougal, Washington Property Taxes
The median property tax rate in Washougal, WA is 1.04%, which is higher than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $396,200 in Washougal, the typical annual property tax bill amounts to $3,942, surpassing the national median of $2,690. Property taxes in Washougal are based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. By understanding Washougal's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you're situated in the heart of Washougal or another area within the city, gaining insights into the local property tax system is essential for maximizing financial benefits.
Last Updated June 14, 2024
Washougal, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$4,120
$3,824
Ownwell’s Washougal Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Washougal with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Washougal 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 Washougal, Washington
Property taxes in Washougal, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Washougal is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Washougal set these rates annually, and they can vary significantly across different neighborhoods. Each year, Washougal 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 Washougal's effective property tax rate to other counties in Washington and the national median. For comparison, the 98671 zip code has the highest median property tax rate of 1.04%, while the same zip code also has the lowest median tax rate of 1.04%. Understanding how these cities compare with Washougal 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 Washougal Tax Rate
1.04%
Average Skamania County Tax Rate
0.87%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Washougal, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98671 | 0.87% | 1.03% | 1.04% | 1.04% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Washougal, Washington
In Washougal, 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. In Washougal, 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 Washougal helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 98671 holds both the highest and lowest median tax bills, each at $3,942, providing a valuable reference for homeowners.
Average Washougal Assessed Value
$396,200
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 Washougal, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98671 | $186,920 | $290,600 | $396,200 | $502,700 | $618,980 |
Source: Ownwell
Property Tax Bills Across Washougal, Washington
In Washougal, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value. This value is then multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $396,200, homeowners in Washougal can expect a range of tax bills depending on various factors. Factors such as property location, improvements, and any applicable exemptions play a crucial role in determining the final tax bill. In Washougal, the tax bill can range from $2,783 at the 25th percentile to $6,358 at the 90th percentile. The highest median tax bill in the area is $3,942, which is notably higher than the national median property tax rate of 0.99%. For homeowners, these property taxes fund essential local services such as schools, public safety, and infrastructure. Understanding how these taxes are calculated helps homeowners plan their finances better and ensures they are prepared for their annual tax obligations.
Average Washougal Tax Bill
$3,942
Average Skamania County Tax Bill
$2,812
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Washougal, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98671 | $1,466 | $2,783 | $3,942 | $5,106 | $6,358 |
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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