Grays River, Wahkiakum County, Washington Property Taxes

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

Median Grays River, WA effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but also lower than the Washington state median of 0.88%.
Median Grays River, WA home value: $207,100
Median annual Grays River, WA tax bill: $1,381, $1,019 lower than the national median property tax bill of $2,400.

How are property taxes in Wahkiakum calculated?

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

Last Updated March 1, 2025

Grays River, Wahkiakum County, Washington Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.76%

Estimate Property Tax Bill

$1,574

$1,461

Ownwell’s Grays River Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grays River with just two data points. By entering your property's estimated assessed value, our calculator applies Grays River’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 Wahkiakum County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Grays River, Wahkiakum County, Washington

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Grays River, located in Wahkiakum County, WA, the effective property tax rate is 0.76%. This rate is consistent throughout the county, reflecting a uniform approach to property taxation. Compared to the national median property tax rate of 1.02%, Grays River residents benefit from a lower tax burden. This can make the area an attractive option for property owners looking to minimize their expenses.

Understanding these rates is crucial for homeowners and potential buyers, as they directly impact the cost of owning property. By staying informed about local tax rates and how they compare to national figures, property owners can make more informed financial decisions.

Property Tax Rates Across Grays River, Wahkiakum County, Washington

Source: Ownwell

0.71%

0.74%

0.78%

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 Grays River Tax Rate

0.76%

Median Effective Wahkiakum County Tax Rate

0.74%

Median Effective Washington Tax Rate

0.88%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grays River, Wahkiakum County, Washington

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
98621	0.36%	0.63%	0.76%	0.83%	0.89%

Source: Ownwell

Property Tax Assessment Values Across Grays River, Wahkiakum County, Washington

When examining property taxes in Grays River, 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 Wahkiakum 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 Wahkiakum 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 Grays River. For example, the median home price in Grays River is $207,100, with tax bills ranging significantly across the county. 98621 has the highest median home price at $207,100.

Property Tax Assessment Values Across Grays River, Wahkiakum County, Washington

Source: Ownwell

$188,450

$238,000

$287,550

Median Grays River Market Value

$207,100

Median Wahkiakum County Market Value

$266,600

Median Washington Market Value

$482,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grays River, Wahkiakum County, Washington

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
98621	$79,360	$121,700	$207,100	$283,775	$360,270

Source: Ownwell

Property Tax Bills Across Grays River, Wahkiakum County, Washington

In Grays River, WA, property tax bills are determined by the assessed value of a home and the local tax rate set by Wahkiakum County. Homeowners in Grays River experience a median tax bill of $1,381, which is significantly below the national median of $2,400. The tax rate and assessed value are crucial factors influencing the final tax bill. For instance, properties in the 25th percentile have tax bills as low as $837, while those in the 90th percentile can see bills as high as $2,556. Such variations highlight the importance of accurate property assessments and the impact of local tax rates on homeowners' finances.

Ownwell assists homeowners in Grays River by offering property tax appeal and exemption services. By ensuring assessments are fair and accurate, Ownwell helps homeowners potentially lower their tax bills. This service is particularly beneficial in regions like Grays River, where property values and tax rates can fluctuate significantly, providing homeowners with peace of mind and potential savings.

Property Tax Bills Across Grays River, Wahkiakum County, Washington

Source: Ownwell

$1,251

$1,712

$2,172

Median Grays River Tax Bill

$1,381

Median Wahkiakum County Tax Bill

$1,926

Median Washington Tax Bill

$4,284

Median United States Tax Bill

$2,400

Property Tax Bills Across Grays River, Wahkiakum County, Washington

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
98621	$346	$837	$1,381	$2,105	$2,556

Source: Ownwell