Nine Mile Falls, Stevens County, Washington Property Taxes
Median Nine Mile Falls, WA effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median Nine Mile Falls, WA home value: $290,862
Median annual Nine Mile Falls, WA tax bill: $3,485, $1,085 higher than the national median property tax bill of $2,400.
How are property taxes in Stevens County calculated?
Property taxes in Nine Mile Falls, 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 Nine Mile Falls’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nine Mile Falls, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nine Mile Falls, Stevens County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.16%
Estimate Property Tax Bill
$3,374
$3,131
Property Tax Rates Across Nine Mile Falls, Stevens County, Washington
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. Each county determines 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. While votes and laws play a role in establishing these rates and budgets, this is the core process followed each year.
In NINE MILE FALLS, located in Stevens County, WA, the effective property tax rate stands at 1.16%. This rate is identical to the state median, offering a straightforward comparison within Washington. When compared to the national median property tax rate of 1.02%, NINE MILE FALLS has a slightly higher rate, which reflects the specific budgetary needs and property values within the area. Understanding these differences can help property owners make informed decisions about their investments and financial planning. By being aware of local tax rates, residents can better anticipate their annual property tax bills and manage their finances accordingly.
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 Nine Mile Falls Tax Rate
1.16%
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 Nine Mile Falls, Stevens County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99026 | 0.94% | 1.05% | 1.16% | 1.28% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Nine Mile Falls, Stevens County, Washington
When examining property taxes in Nine Mile Falls, 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 Nine Mile Falls. For example, the median home price in Nine Mile Falls is $290,862, with tax bills ranging significantly across the county. Zip code 99026 has the highest median home price at $290,862.
Property Tax Assessment Values Across Nine Mile Falls, Stevens County, Washington
Source: Ownwell
$71,626
$181,244
$290,862
Median Nine Mile Falls Market Value
$290,862
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 Nine Mile Falls, Stevens County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99026 | $148,677 | $226,010 | $290,862 | $387,000 | $476,238 |
Source: Ownwell
Property Tax Bills Across Nine Mile Falls, Stevens County, Washington
Property Tax Bills Across Nine Mile Falls, Stevens County, Washington
Source: Ownwell
$570
$2,028
$3,485
Median Nine Mile Falls Tax Bill
$3,485
Median Stevens County Tax Bill
$1,378
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across Nine Mile Falls, Stevens County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99026 | $1,385 | $2,682 | $3,485 | $4,439 | $5,471 |
Source: Ownwell