Airway Heights, Washington Property Taxes
The median property tax rate in Airway Heights, WA is 0.77%, 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 Airway Heights at $300,100, the typical annual property tax bill is $2,268, falling below the national median of $2,690. Property taxes in Airway Heights are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Airway Heights' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Airway Heights or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Airway Heights, Washington Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,760
$612
$1,148
Average Airway Heights, Washington Tax Savings
Ownwell’s Airway Heights Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Airway Heights with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Airway Heights 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 Airway Heights. 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 Airway Heights, Washington
Property taxes in Airway Heights, Washington, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Airway Heights is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within Airway Heights set these rates annually, and they can vary significantly across different neighborhoods. Each year, Airway Heights 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 Airway Heights' effective property tax rate to other counties in Washington and the national median. For comparison, the 99001 zip code has both the highest and lowest median property tax rate of 0.77%, reflecting the uniformity across Airway Heights. Understanding how these figures compare with Airway Heights provides valuable insights into the varying tax landscape across Spokane County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Airway Heights Tax Rate
0.77%
Average Spokane County Tax Rate
0.93%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Airway Heights, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99001 | 0.69% | 0.75% | 0.77% | 0.80% | 0.85% |
Source: Ownwell
$1,148
Average Airway Heights Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Airway Heights, Washington
In Airway Heights, 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 Spokane 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 Airway Heights, 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. For instance, in Airway Heights, the zip code 99001 has both the highest and lowest median tax bill at $2,268. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Airway Heights, Washington
Source: Ownwell
$6,800
$497,053
$987,305
Average Airway Heights Assessed Value
$300,100
Average Spokane County Assessed Value
$369,800
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Airway Heights, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99001 | $5,500 | $151,800 | $300,100 | $373,300 | $420,400 |
Source: Ownwell
$1,148
Average Airway Heights Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Airway Heights, Washington
In Airway Heights, Spokane County, property tax bills are calculated based on the assessed value of your home and the local tax rate. The median home price in Airway Heights is $300,100, which plays a significant role in determining your property tax bill. Tax rates can vary, but the national median property tax rate is 0.99%. In this area, homeowners can expect tax bills ranging from $458 at the 25th percentile to $3,428 at the 90th percentile, with the highest median tax bill being $2,268. Factors such as home improvements, neighborhood developments, and changes in the local economy can influence the assessed value of your property. These fluctuations directly impact your annual tax bill, potentially making it a significant financial burden. Ownwell assists homeowners in Airway Heights by providing property tax appeal and exemption services. By reviewing your property's assessed value and identifying discrepancies, Ownwell can help you file appeals to lower your tax bill, ensuring you only pay your fair share.
Average Airway Heights Tax Bill
$2,268
Average Spokane County Tax Bill
$3,417
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Airway Heights, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99001 | $36 | $458 | $2,268 | $2,904 | $3,428 |
Source: Ownwell
$1,148
Average Airway Heights 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 | |
|---|---|
| Spokane Tax Assessor | |
| Phone | (509) 477-3698 |
| Website | cp.spokanecounty.org |
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