Everett, Washington Property Taxes
The median property tax rate in Everett, WA is 0.82%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Everett at $595,200, the typical annual property tax bill reaches $4,768, significantly exceeding the national median of $2,690. Property taxes in Everett are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Everett’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 Everett or another part of Snohomish County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Everett, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.82%
Estimate Property Tax Bill
$4,881
$4,529
$1,148
Average Tax Savings
Ownwell’s Everett Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Everett with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Everett 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 Everett. 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 Everett, Washington
Property taxes in Everett, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Everett is 0.82%, which is lower than the U.S. national median of 0.99%. Local government entities within Everett set these rates annually, and they can vary significantly across different neighborhoods. Each year, Everett 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 Everett's effective property tax rate to other areas in Snohomish County and the national median. For comparison, the 98208 zip code has the highest median property tax rate of 0.85%, while the 98207 zip code has the lowest median tax rate of 0.60%. Understanding how these areas compare with Everett provides valuable insights into the varying tax landscape across Snohomish County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Everett Tax Rate
0.82%
Average Snohomish County Tax Rate
0.79%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Everett, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98201 | 0.82% | 0.82% | 0.82% | 0.82% | 0.82% |
98203 | 0.77% | 0.82% | 0.82% | 0.82% | 0.82% |
98204 | 0.76% | 0.77% | 0.81% | 0.83% | 0.84% |
98205 | 0.62% | 0.84% | 0.84% | 0.85% | 0.87% |
98206 | 0.77% | 0.77% | 0.77% | 0.77% | 0.78% |
98207 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
98208 | 0.77% | 0.81% | 0.85% | 0.87% | 0.89% |
Source: Ownwell
$1,148
Average Everett Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Everett, Washington
In Everett, 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 Snohomish County Assessor's Office 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 Everett, 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 Everett helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Everett, the highest median tax bill is in the 98208 zip code at $6,021, while the lowest median tax bill is in the 98206 zip code at $3,289.
Average Everett Assessed Value
$595,200
Average Snohomish County Assessed Value
$668,100
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Everett, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98201 | $333,000 | $418,375 | $502,550 | $608,900 | $772,620 |
98203 | $379,740 | $487,575 | $580,200 | $689,800 | $892,510 |
98204 | $175,000 | $285,000 | $455,000 | $590,000 | $683,000 |
98205 | $411,300 | $487,600 | $557,700 | $672,700 | $922,840 |
98206 | $208,200 | $293,100 | $432,000 | $548,400 | $690,700 |
98207 | $662,500 | $662,500 | $662,500 | $662,500 | $662,500 |
98208 | $401,070 | $602,500 | $713,500 | $830,700 | $914,300 |
Source: Ownwell
$1,148
Average Everett Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Everett, Washington
In Everett, Snohomish County, WA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Everett is $595,200, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property location, home improvements, and market trends influence the assessed value. With tax bills ranging from $3,538 at the 25th percentile to $7,463 at the 90th percentile, homeowners can face significant financial burdens. Ownwell helps homeowners in Everett by providing expert property tax appeal and exemption services. By reviewing your property’s assessed value and identifying discrepancies, Ownwell can potentially lower your tax bill. With the highest median tax bill in Everett reaching $6,021 in zip code 98208, and the lowest at $3,289 in zip code 98206, Ownwell's services can lead to substantial savings, ensuring you pay only your fair share in property taxes.
Average Everett Tax Bill
$4,768
Average Snohomish County Tax Bill
$5,180
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Everett, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98201 | $2,360 | $3,314 | $4,082 | $4,946 | $6,307 |
98203 | $2,359 | $3,871 | $4,681 | $5,589 | $7,062 |
98204 | $866 | $2,212 | $3,486 | $4,695 | $5,471 |
98205 | $2,341 | $3,804 | $4,514 | $5,654 | $7,390 |
98206 | $1,589 | $2,237 | $3,289 | $4,099 | $5,304 |
98207 | $3,963 | $3,963 | $3,963 | $3,963 | $3,963 |
98208 | $2,548 | $4,803 | $6,021 | $7,132 | $7,891 |
Source: Ownwell
$1,148
Average Everett 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 | |
---|---|
Snohomish Tax Assessor | |
Phone | (425) 388-3433 |
Website | www.snoco.org |
Contact.Assessor@snoco.org |
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