Springdale, Washington Property Taxes
The median property tax rate in Springdale, WA is 0.90%, slightly below the national median of 0.99% but higher than the Washington state median of 0.88%. With the median home value in Springdale at $92,332, the typical annual property tax bill reaches $794, which is significantly lower than the national median of $2,690. Property taxes in Springdale are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Springdale'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 Springdale 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
Springdale, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$831
$771
Ownwell’s Springdale Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Springdale with just two data points. By inputting your property's estimated assessed value, the calculator uses the median tax rate in Springdale to provide an estimate of your property tax bill. This handy tool helps you understand your potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by the county for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Springdale, Washington
Property taxes in Springdale, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Springdale is 0.90%, slightly below the U.S. national median of 0.99%. Local government entities within Springdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Springdale 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 Springdale's effective property tax rate to other areas in Washington and the national median. For comparison, the zip code 99173 has the highest median property tax rate of 0.90%, while the same zip code also has the lowest median tax rate of 0.90%. Understanding how these areas compare with Springdale 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 Springdale Tax Rate
0.90%
Average Stevens County Tax Rate
0.88%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Springdale, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99173 | 0.47% | 0.82% | 0.90% | 1.00% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Springdale, Washington
In Springdale, 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 Springdale, 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. For instance, the highest median tax bill in Springdale is $794 in the 99173 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Springdale Assessed Value
$92,332
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 Springdale, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99173 | $28,088 | $50,829 | $92,332 | $163,542 | $220,592 |
Source: Ownwell
Property Tax Bills Across Springdale, Washington
In Springdale, Stevens County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Springdale, the median home price is $92,332. The property tax bill can vary significantly; at the 25th percentile, homeowners might pay around $433, while those at the 75th percentile could see bills as high as $1,447. At the 90th percentile, tax bills can reach up to $2,047. The local tax rate is influenced by several factors, including funding requirements for public services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Springdale's tax rates reflect the specific financial needs and property values of the area. These taxes can significantly impact homeowners' annual budgets, making it crucial to understand how these bills are calculated and what factors contribute to their determination.
Average Springdale Tax Bill
$794
Average Stevens County Tax Bill
$1,378
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Springdale, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99173 | $187 | $433 | $794 | $1,447 | $2,047 |
Source: Ownwell