Rockford, Washington Property Taxes
The median property tax rate in Rockford, WA is 0.87%, slightly below the state median of 0.88% and the national median of 0.99%. With a median home value of $275,050, the typical annual property tax bill in Rockford is $2,255, which is lower than the national median of $2,690. Property taxes in Rockford are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Rockford'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 Rockford 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
Rockford, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$2,393
$2,221
$1,148
Average Tax Savings
Ownwell’s Rockford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rockford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rockford 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 Rockford. 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 Rockford, Washington
Property taxes in Rockford, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rockford is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Rockford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rockford 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 Rockford's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 99030 has both the highest and lowest median property tax rate of 0.87%. Understanding how these cities compare with Rockford 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 Rockford Tax Rate
0.87%
Average Spokane County Tax Rate
0.93%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rockford, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99030 | 0.70% | 0.79% | 0.87% | 0.90% | 0.93% |
Source: Ownwell
$1,148
Average Rockford Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Rockford, Washington
In Rockford, 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 Appraisal District 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 Rockford, 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 Rockford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 99030, with a median tax bill of $2,255.
Average Rockford Assessed Value
$275,050
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 Rockford, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99030 | $57,425 | $187,612 | $275,050 | $385,525 | $524,366 |
Source: Ownwell
$1,148
Average Rockford Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Rockford, Washington
In Rockford, Spokane County, WA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For instance, the median home price in Rockford is $275,050, leading to varying tax bills across different percentiles. Homeowners in the 25th percentile pay around $1,405, while those in the 75th percentile face bills of approximately $3,115, and the 90th percentile sees bills as high as $4,562. Ownwell can assist homeowners in reducing their property tax bills by identifying potential over-assessments and filing appeals on their behalf. By leveraging local expertise and data-driven insights, Ownwell ensures that homeowners pay only their fair share, potentially saving them hundreds or even thousands of dollars annually. This service is crucial in regions like Rockford, where property tax rates can significantly impact household budgets.
Average Rockford Tax Bill
$2,255
Average Spokane County Tax Bill
$3,417
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Rockford, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99030 | $287 | $1,405 | $2,255 | $3,115 | $4,562 |
Source: Ownwell
$1,148
Average Rockford 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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