Thurston County Property Taxes
The median property tax rate in Thurston County is 0.94%, which is slightly lower than the national median of 0.99% but higher than the Washington state median of 0.88%. With a median home value of $437,400 in Thurston County, the typical annual property tax bill amounts to $4,041, surpassing the national median of $2,690. Property taxes in Thurston County are determined based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like primary residence and agricultural exemptions. Understanding Thurston County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Olympia or another part of Thurston County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Thurston County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$4,112
$3,815
$1,148
Average Tax Savings
Ownwell’s Thurston County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Thurston County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Thurston County to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also highlights how Ownwell can help lower property taxes in Thurston County. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property's assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Thurston County, Washington
Property taxes in Thurston County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Thurston County is 0.94%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Thurston County set these rates annually, and they can vary significantly between different areas within the county. Each year, Thurston County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of East Olympia has one of the higher property tax rates in the region at 1.09%, while the city of Bucoda boasts one of the lowest at 0.71%. Analyzing how Thurston County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Thurston County Tax Rate
0.94%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Thurston County, Washington
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bucoda | 0.20% | 0.67% | 0.71% | 0.73% | 0.83% |
| Centralia | 0.66% | 0.75% | 0.79% | 0.85% | 0.96% |
| East Olympia | 1.09% | 1.09% | 1.09% | 1.09% | 1.09% |
| Lacey | 0.84% | 0.91% | 0.94% | 0.97% | 1.00% |
| Littlerock | N/A | N/A | N/A | N/A | N/A |
| Mineral | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% |
| Olympia | 0.76% | 0.91% | 0.97% | 1.01% | 1.06% |
| Rainier | 0.33% | 0.84% | 0.88% | 0.92% | 0.98% |
| Rochester | 0.61% | 0.74% | 0.78% | 0.81% | 0.88% |
| Tenino | 0.73% | 0.82% | 0.87% | 0.91% | 0.98% |
| Thurston County | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
| Tumwater | 0.85% | 0.91% | 0.94% | 0.98% | 1.01% |
| Yelm | 0.67% | 0.87% | 0.91% | 0.95% | 1.00% |
Source: Ownwell
$1,148
Average Thurston County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Thurston County, Washington
In Thurston County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Thurston County Appraisal District. The assessed value, however, 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. Assessment notices in Thurston County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, Thurston County has a median home price of $437,400. The tax bill at the 25th percentile is $2,945, while at the 75th percentile, it is $5,209. The highest median tax bill is found in Thurston County at $6,899, whereas the lowest is in East Olympia at $443. Being aware of these valuation processes in Thurston County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Thurston County, Washington
Source: Ownwell
$40,700
$404,850
$769,000
Average Thurston County Assessed Value
$437,400
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Thurston County, Washington
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bucoda | $82,210 | $159,300 | $215,450 | $285,700 | $405,110 |
| Centralia | $3,000 | $117,600 | $317,000 | $439,600 | $589,700 |
| East Olympia | $40,700 | $40,700 | $40,700 | $40,700 | $40,700 |
| Lacey | $287,340 | $368,600 | $422,400 | $487,100 | $576,220 |
| Littlerock | N/A | N/A | N/A | N/A | N/A |
| Mineral | $167,600 | $167,600 | $167,600 | $167,600 | $167,600 |
| Olympia | $237,300 | $366,700 | $471,900 | $607,600 | $802,300 |
| Rainier | $131,410 | $279,200 | $387,550 | $507,725 | $637,890 |
| Rochester | $76,200 | $244,300 | $371,400 | $481,200 | $604,800 |
| Tenino | $114,980 | $250,650 | $397,050 | $536,350 | $692,410 |
| Thurston County | $868,800 | $868,800 | $868,800 | $868,800 | $868,800 |
| Tumwater | $193,570 | $341,350 | $423,500 | $513,750 | $621,410 |
| Yelm | $147,300 | $281,000 | $382,200 | $474,400 | $619,000 |
Source: Ownwell
$1,148
Average Thurston County Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Thurston County, Washington
In Thurston 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, which can vary depending on the specific location within the county. For instance, the median home price in Thurston County is $437,400, resulting in varied tax bills. Homeowners in Thurston County might see tax bills ranging from $2,945 at the 25th percentile to $6,805 at the 90th percentile. The highest median tax bill recorded in the county is $6,899 in Thurston County, while the lowest is $443 in East Olympia, reflecting the wide range of property values and local tax rates. Ownwell offers homeowners the opportunity to appeal their property tax assessments and apply for exemptions, potentially reducing their tax burdens. By leveraging expert knowledge and personalized service, Ownwell can help ensure that homeowners are not overpaying on their property taxes, providing significant savings and peace of mind.
Average Thurston County Tax Bill
$4,041
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Thurston County, Washington
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bucoda | $221 | $838 | $1,513 | $2,091 | $2,922 |
| Centralia | $39 | $537 | $2,374 | $3,337 | $4,644 |
| East Olympia | $443 | $443 | $443 | $443 | $443 |
| Lacey | $1,790 | $3,304 | $3,924 | $4,593 | $5,430 |
| Littlerock | N/A | N/A | N/A | N/A | N/A |
| Mineral | $1,343 | $1,343 | $1,343 | $1,343 | $1,343 |
| Olympia | $1,157 | $3,304 | $4,464 | $5,824 | $7,658 |
| Rainier | $488 | $1,802 | $3,285 | $4,452 | $5,673 |
| Rochester | $375 | $1,408 | $2,779 | $3,740 | $4,925 |
| Tenino | $566 | $1,862 | $3,323 | $4,567 | $5,985 |
| Thurston County | $6,899 | $6,899 | $6,899 | $6,899 | $6,899 |
| Tumwater | $1,116 | $3,033 | $4,002 | $4,937 | $6,009 |
| Yelm | $611 | $2,136 | $3,403 | $4,365 | $5,697 |
Source: Ownwell
$1,148
Average Thurston County Tax Savings
Save on your property taxes & more with Ownwell.
Want to lower your Thurston County property taxes?
Looking to reduce your Thurston property taxes? Ownwell is the leading property tax protest company serving Thurston. We specialize in helping property owners in the Olympia area and beyond lower their taxes by working directly with the Thurston County Appraisal District. Through our tax monitoring service, we collect all necessary information to maximize your tax reductions. We navigate the complexities of the Thurston property tax protest process and identify all available property tax exemptions so you don’t have to. Whether you are a homeowner, a real estate investor, or an asset manager, our local team at Ownwell has the expertise to assess your current property tax situation and identify strategic opportunities for reducing your tax burden. By managing the protest process from beginning to end, we not only simplify the procedure but also increase your chances of obtaining a favorable result. Let Ownwell be your trusted partner in lowering your Thurston property tax expenses through our proven strategies and expert advocacy.
Property Tax Appeals in Washington
In Thurston County, Washington, homeowners who believe their property tax assessments are inaccurate have the right to appeal. The process begins with a formal appeal to the Thurston County Board of Equalization. Homeowners must file their appeal within 60 days of receiving their assessment notice or by July 1st, whichever is later. The appeal should include evidence such as recent sales data of comparable properties, an independent appraisal, or photographs demonstrating discrepancies in the assessment. Once the appeal is filed, the Board of Equalization reviews the submitted evidence and may schedule a hearing. During the hearing, homeowners can present their case, and the board members may ask questions to clarify the information provided. It’s crucial to be well-prepared and organized, as the board’s decision will be based on the evidence presented. The potential outcomes of the appeal process can vary. If the board agrees that the assessment was too high, they will adjust the property’s assessed value, leading to a reduction in the property tax bill. Conversely, if the board finds the assessment to be accurate, the original assessed value will stand. Navigating this process can be complex and time-consuming, which is where Ownwell comes in. Ownwell’s team of property tax experts can guide homeowners through each step of the appeal process, from gathering necessary evidence to representing them at hearings. By leveraging their expertise, homeowners can increase their chances of a successful appeal and potentially save significant amounts on their property taxes. With Ownwell’s support, the appeal process becomes less daunting, allowing homeowners to focus on other important matters.
Exemptions in Washington
Thurston County offers several property tax exemption programs designed to provide financial relief to eligible homeowners. One of the primary exemptions available is the Senior Citizen and Disabled Persons Exemption. This program is aimed at homeowners who are either 61 years of age or older, or who have a qualifying disability. To qualify, applicants must meet specific income requirements and the property must be their primary residence. Another notable exemption is the Home Improvement Exemption, which allows homeowners to make improvements to their property without an immediate increase in property taxes. This exemption is particularly beneficial for those looking to enhance their homes while managing their tax burden. Additionally, Thurston County offers the Property Tax Deferral Program for senior citizens and disabled persons. This program allows eligible homeowners to defer their property taxes, which can be a significant financial relief. Like the exemption program, applicants must meet age, disability, and income criteria, and the property must be their primary residence. To apply for these exemptions, homeowners need to submit the appropriate forms and documentation to the Thurston County Assessor's Office. Ownwell can assist homeowners in navigating these applications, ensuring they meet all eligibility requirements and submit the correct documentation. By leveraging Ownwell's expertise, homeowners can maximize their potential savings and take full advantage of the available property tax relief programs.
Available Exemptions
Senior
Disabled
Veteran
Non-Profit
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| Thurston Tax Assessor | |
| Website | tcproperty.co.thurston.wa.us |
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