Marcus, Stevens County, Washington Property Taxes
Median Marcus, WA effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but equal to the Washington state median of 0.88%.
Median Marcus, WA home value: $98,097
Median annual Marcus, WA tax bill: $756, $1,644 lower than the national median property tax bill of $2,400.
How are property taxes in Stevens County calculated?
Property taxes in Marcus, 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 Marcus’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Marcus, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Marcus, Stevens County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$863
$801
Property Tax Rates Across Marcus, Stevens County, Washington
Local government entities set property tax rates, which can vary significantly within Washington. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This annual process, involving votes and laws, determines how much property owners will pay.
In Marcus, located in Stevens County, the effective property tax rate stands at 0.88%. This is lower than the national median property tax rate of 1.02%, providing a relatively affordable option for property owners compared to other regions. While the highest and lowest median tax rates in the area are also at 0.88%, Marcus offers consistency in property tax expectations.
Comparing Marcus to other cities in Washington and the national median, property owners can appreciate the lower tax burden. This can make Marcus an attractive location for those seeking to minimize property tax expenses while enjoying the benefits of local government services.
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 Marcus Tax Rate
0.88%
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 Stevens County Tax Rate
0.88%
Median Effective Washington Tax Rate
0.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Marcus, Stevens County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99151 | 0.17% | 0.82% | 0.88% | 0.97% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Marcus, Stevens County, Washington
When examining property taxes in Marcus, 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 Stevens County appraisal district 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 Stevens County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Marcus. For example, the median home price in Marcus is $98,097, with tax bills ranging significantly across the county. 99151 has the highest median home price at $98,097.
Property Tax Assessment Values Across Marcus, Stevens County, Washington
Source: Ownwell
$71,626
$181,244
$290,862
Median Marcus Market Value
$98,097
Median Stevens County Market Value
$158,721
Median Washington Market Value
$482,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Marcus, Stevens County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99151 | $52,883 | $70,792 | $98,097 | $121,858 | $159,094 |
Source: Ownwell
Property Tax Bills Across Marcus, Stevens County, Washington
Median Marcus Tax Bill
$756
Median Stevens County Tax Bill
$1,378
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across Marcus, Stevens County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99151 | $145 | $467 | $756 | $1,167 | $1,514 |
Source: Ownwell