Valley, Stevens County, Washington Property Taxes

Name: Property Tax Bills Across Valley, Stevens County, Washington
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Valley, WA effective property tax rate: 0.93%, slightly lower than the national median of 1.02%, but higher than the Washington state median of 0.88%.
Median Valley, WA home value: $116,353
Median annual Valley, WA tax bill: $1,088, $1,312 lower than the national median property tax bill of $2,400.

How are property taxes in Stevens County calculated?

Property taxes in Valley, 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 Valley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Valley, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Valley, Stevens County, Washington Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$1,082

$1,004

Ownwell’s Valley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Valley with just two data points. By entering your property's estimated assessed value, our calculator applies Valley’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Stevens County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Valley, Stevens County, Washington

Local government entities in Washington determine property tax rates, which can vary significantly across different areas. This variation occurs because each county calculates its budget needs annually to provide essential services, dividing this by the total assessed value of taxable properties within its jurisdiction. This process establishes the property tax rate.

While the setting of tax rates and budgets involves votes and regulations, this annual calculation is essentially how it works. In Valley, located in Stevens County, the effective property tax rate can be compared to other cities in Washington as well as the median property tax rates in the state and across the U.S. Washington's median property tax rate is slightly below the national median of 1.02%. This comparison highlights how property tax rates in Valley align with broader trends, offering insights into potential tax savings and financial planning for property owners. Understanding these rates can help residents make informed decisions about property investments and appeals.

Property Tax Rates Across Valley, Stevens County, Washington

Source: Ownwell

0.69%

0.93%

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 Valley Tax Rate

0.93%

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 Valley, Stevens County, Washington

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
99181	0.67%	0.87%	0.93%	1.06%	1.25%

Source: Ownwell

Property Tax Assessment Values Across Valley, Stevens County, Washington

When examining property taxes in Valley, 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. Assessment notices: In Stevens County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Valley. For example, the median home price in Valley is $116,353, with tax bills ranging significantly across the county. Zip code 99181 has the highest median home price at $116,353.

Property Tax Assessment Values Across Valley, Stevens County, Washington

Source: Ownwell

$71,626

$181,244

$290,862

Median Valley Market Value

$116,353

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 Valley, Stevens County, Washington

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
99181	$40,111	$66,027	$116,353	$186,413	$280,573

Source: Ownwell

Property Tax Bills Across Valley, Stevens County, Washington

In Valley, located in 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 tax bill. The median home price in Valley is $116,353, with tax bills ranging from the 25th percentile at $590 to the 90th percentile at $2,592. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Valley homeowners experience varying tax burdens. Factors influencing tax bills include property size, location, and local levies. High property taxes can significantly impact homeowners' financial planning. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions, ensuring clients pay only their fair share. By leveraging local expertise, Ownwell can help reduce tax bills, providing financial relief and peace of mind to Valley homeowners.

Property Tax Bills Across Valley, Stevens County, Washington

Source: Ownwell

$570

$2,028

$3,485

Median Valley Tax Bill

$1,088

Median Stevens County Tax Bill

$1,378

Median Washington Tax Bill

$4,284

Median United States Tax Bill

$2,400

Property Tax Bills Across Valley, Stevens County, Washington

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
99181	$298	$590	$1,088	$1,750	$2,592

Source: Ownwell