Four Lakes, Spokane County, Washington Property Taxes
Median Four Lakes, WA effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Four Lakes, WA home value: $201,075
Median annual Four Lakes, WA tax bill: $1,330, $1,070 lower than the national median property tax bill of $2,400.
How are property taxes in Spokane calculated?
Property taxes in Four Lakes, 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 Four Lakes’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Four Lakes, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Four Lakes, Spokane County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$1,609
$1,493
$1,102
Average Tax Savings
Property Tax Rates Across Four Lakes, Spokane County, Washington
Local government entities are responsible for setting tax rates, which can vary widely within a state. 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 Four Lakes’ effective property tax rate to other cities in Washington and the median property tax rates in Washington and the U.S. Washington's median property tax rate stands at 0.80%, which is below the national median of 1.02%. In Spokane County, where Four Lakes is located, the property tax rate aligns with the state median, reflecting a consistent approach to taxation within the region. This rate offers residents a favorable comparison to the national landscape, where the median property tax bill is $2,400. Understanding these figures can help property owners in Four Lakes make informed decisions about their tax obligations and potential savings through appeals or exemptions.
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 Four Lakes Tax Rate
0.80%
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 Spokane County Tax Rate
0.93%
Median Effective Washington Tax Rate
0.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Four Lakes, Spokane County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99014 | 0.47% | 0.74% | 0.80% | 0.83% | 0.84% |
Source: Ownwell
$1,102
Average Four Lakes Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Four Lakes, Spokane County, Washington
When examining property taxes in Four Lakes, 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 Spokane County Assessor 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 Spokane County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Four Lakes.
For example, the median home price in Four Lakes is $201,075, with tax bills ranging significantly across the county. Zip code 99014 has the highest median home price at $201,075.
Property Tax Assessment Values Across Four Lakes, Spokane County, Washington
Source: Ownwell
$131,700
$381,640
$631,580
Median Four Lakes Market Value
$201,075
Median Spokane County Market Value
$369,800
Median Washington Market Value
$482,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Four Lakes, Spokane County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99014 | $62,050 | $101,525 | $201,075 | $274,930 | $352,895 |
Source: Ownwell
$1,102
Average Four Lakes Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Four Lakes, Spokane County, Washington
In Four Lakes, located in Spokane County, WA, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The median home price in this area is $201,075. Factors influencing the tax bill include the home's assessed value and any applicable exemptions or deductions. Homeowners in Four Lakes face a median property tax bill that can range from $741 at the 25th percentile to $2,771 at the 90th percentile. Compared to the national median property tax bill of $2,400, Four Lakes offers relatively affordable property taxes. However, fluctuations in assessed home values and tax rates can impact annual tax bills, potentially placing a financial burden on homeowners.
Ownwell assists homeowners in Four Lakes by providing expert property tax appeal services. By evaluating your home's assessed value and identifying potential exemptions, Ownwell can help reduce your property tax bill. Our team ensures you only pay what is fair, potentially saving you hundreds of dollars annually. Let Ownwell's expertise ease your property tax concerns.
Median Four Lakes Tax Bill
$1,330
Median Spokane County Tax Bill
$3,417
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across Four Lakes, Spokane County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99014 | $257 | $741 | $1,330 | $2,142 | $2,771 |
Source: Ownwell
$1,102
Average Four Lakes Tax Savings
Save on your property taxes & more with Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 30 |
| 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 |
Save money on your property taxes with Ownwell
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.