Fruitland, Washington Property Taxes
The median property tax rate in Fruitland, WA is 0.80%, 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 $106,012 in Fruitland, the typical annual property tax bill amounts to $918, falling well below the national median of $2,690. Property taxes in Fruitland are calculated based on the tax assessed value, which generally is less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Fruitland's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Fruitland 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
Fruitland, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$848
$787
Ownwell’s Fruitland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fruitland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fruitland 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 Fruitland, Washington
Property taxes in Fruitland, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fruitland is 0.80%, which is lower than the U.S. national median of 0.99%. Local government entities within Fruitland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fruitland 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 Fruitland's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 99129 has both the highest and lowest median property tax rate of 0.80%. Understanding how these cities compare with Fruitland 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 Fruitland Tax Rate
0.80%
Average Stevens County Tax Rate
0.88%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fruitland, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99129 | 0.70% | 0.78% | 0.80% | 0.84% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Fruitland, Washington
In Fruitland, 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 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 Fruitland, 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. For instance, the median home price is $106,012, with tax bills ranging from $479 at the 25th percentile to $2,264 at the 90th percentile. The highest and lowest median tax bills are both $918, found in the zip code 99129. 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 Fruitland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Fruitland Assessed Value
$106,012
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 Fruitland, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99129 | $33,495 | $54,594 | $106,012 | $185,733 | $281,769 |
Source: Ownwell
Property Tax Bills Across Fruitland, Washington
In Fruitland, Stevens County, WA, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the assessed value, including property size, location, and condition. Homeowners in Fruitland can expect their tax bills to vary significantly. For instance, the 25th percentile tax bill is $479, while the 75th percentile tax bill is $1546, and the 90th percentile tax bill can reach up to $2264. These property taxes fund essential local services such as schools, public safety, and infrastructure. Comparing with the national median property tax rate of 0.99%, Fruitland's tax bills reflect its unique local conditions. Homeowners must budget for these taxes, as they can significantly impact annual housing costs.
Average Fruitland Tax Bill
$918
Average Stevens County Tax Bill
$1,378
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Fruitland, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99129 | $267 | $479 | $918 | $1,546 | $2,264 |
Source: Ownwell