Edwall, Washington Property Taxes
The median property tax rate in Edwall, WA is 0.70%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With a median home value of $344,305 in Edwall, the typical annual property tax bill is $2,465, falling just below the national median of $2,690. Property taxes in Edwall are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Edwall'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 Edwall or another part of Spokane County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Edwall, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$2,410
$2,237
$1,148
Average Tax Savings
Ownwell’s Edwall Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Edwall with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Edwall 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 Edwall. 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 Edwall, Washington
Property taxes in Edwall, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Edwall is 0.70%, notably lower than the U.S. national median of 0.99%. Local government entities within Edwall set these rates annually, and they can vary significantly across different neighborhoods. Each year, Edwall 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 Edwall's effective property tax rate to other areas in Spokane County and the national median. For comparison, the zip code 99008, which encompasses Edwall, has a consistent median property tax rate of 0.70%. Understanding how Edwall's tax rate compares with other regions 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 Edwall Tax Rate
0.70%
Average Spokane County Tax Rate
0.93%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Edwall, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99008 | 0.60% | 0.69% | 0.70% | 0.74% | 0.82% |
Source: Ownwell
$1,148
Average Edwall Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Edwall, Washington
In Edwall, 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 Edwall, 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. The median home price in Edwall is $344,305, with the 25th percentile tax bill at $1,500 and the 75th percentile tax bill at $3,251. The highest and lowest median tax bills are both $2,465 in the 99008 zip code. 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 Edwall helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Edwall Assessed Value
$344,305
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 Edwall, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99008 | $134,891 | $262,902 | $344,305 | $420,805 | $510,441 |
Source: Ownwell
$1,148
Average Edwall Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Edwall, Washington
In Edwall, Spokane County, WA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and recent sales of comparable properties are considered in the assessment process. Homeowners in Edwall typically face property tax bills ranging from $1,500 at the 25th percentile to $3,251 at the 75th percentile, with the highest median tax bill reaching $2,465 in the 99008 zip code. Property taxes can significantly impact homeowners, often becoming a substantial annual expense. This is where Ownwell steps in to help. By providing expert property tax appeal services, Ownwell ensures that homeowners are not overpaying. Their team of professionals reviews property assessments, identifies discrepancies, and files appeals on behalf of homeowners, potentially saving them hundreds or even thousands of dollars annually.
Average Edwall Tax Bill
$2,465
Average Spokane County Tax Bill
$3,417
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Edwall, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99008 | $904 | $1,500 | $2,465 | $3,251 | $3,708 |
Source: Ownwell
$1,148
Average Edwall 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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