Chewelah, Washington Property Taxes
The median property tax rate in Chewelah, 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 $162,736, the typical annual property tax bill in Chewelah is $1,451, which is also below the national median of $2,690. Property taxes in Chewelah are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Chewelah'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 Chewelah or another part of Stevens County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Chewelah, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$1,416
$1,314
Ownwell’s Chewelah Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Chewelah with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Chewelah to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Chewelah, Washington
Property taxes in Chewelah, Washington, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Chewelah is 0.87%, which is below the U.S. national median of 0.99%. Local government entities within Chewelah set these rates annually, and they can vary significantly across different neighborhoods. Each year, Chewelah 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 Chewelah's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 99109 has both the highest and lowest median property tax rate in the area, standing at 0.87%. Understanding how these cities compare with Chewelah provides valuable insights into the varying tax landscape across Stevens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Chewelah Tax Rate
0.87%
Average Stevens County Tax Rate
0.88%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chewelah, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99109 | 0.64% | 0.80% | 0.87% | 0.95% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Chewelah, Washington
In Chewelah, 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 Stevens 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 Chewelah, 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. In Chewelah, the median home price is $162,736, with tax bills ranging from $848 at the 25th percentile to $2,806 at the 90th percentile. The zip code 99109 has the highest and lowest median tax bill, both at $1,451. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Chewelah Assessed Value
$162,736
Average Stevens County Assessed Value
$158,721
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chewelah, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99109 | $61,270 | $111,350 | $162,736 | $232,738 | $320,482 |
Source: Ownwell
Property Tax Bills Across Chewelah, Washington
In Chewelah, property tax bills are determined by assessing the value of a home and applying the local tax rate. This process starts with the county's assessment of the property's market value, which is then used to calculate the tax bill. For homeowners in Chewelah, located in Stevens County, the median home price is $162,736. The property tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the assessed value of the property, the local tax rate, and any applicable exemptions or deductions. Homeowners in Chewelah can expect their property tax bills to vary significantly. For example, the tax bill at the 25th percentile is $848, while at the 75th percentile, it rises to $2059, and at the 90th percentile, it can reach $2806. This variability highlights the importance of understanding how property values and local tax rates impact overall tax obligations.
Average Chewelah Tax Bill
$1,451
Average Stevens County Tax Bill
$1,378
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Chewelah, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
99109 | $349 | $848 | $1,451 | $2,059 | $2,806 |
Source: Ownwell