Walla Walla, Walla Walla County, Washington Property Taxes
The median property tax rate in Walla Walla, WA is 0.90%, slightly below the national median of 0.99% but higher than the Washington state median of 0.88%. With a median home value of $353,980 in Walla Walla, the typical annual property tax bill reaches $3,098, surpassing the national median of $2,690. Property taxes in Walla Walla are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Walla Walla'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 Walla Walla 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
Walla Walla, Walla Walla County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$3,186
$2,956
Ownwell’s Walla Walla Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Walla Walla with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Walla Walla to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Walla Walla, Walla Walla County, Washington
Property taxes in Walla Walla, Washington, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Walla Walla is 0.90%, which is lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Walla Walla set these rates annually, and they can vary significantly across different neighborhoods. Each year, Walla Walla 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 Walla Walla's effective property tax rate to other counties in Washington and the national median. For comparison, the zip code 99362 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 Walla Walla provides valuable insights into the varying tax landscape across Walla Walla County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Walla Walla Tax Rate
0.90%
Average Walla Walla County Tax Rate
0.91%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Walla Walla, Walla Walla County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99362 | 0.69% | 0.84% | 0.90% | 0.95% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Walla Walla, Walla Walla County, Washington
In Walla Walla, 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 Walla Walla County Assessor 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 Walla Walla, 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. Being aware of these valuation processes in Walla Walla helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Walla Walla is $353,980, with the highest and lowest median tax bills both being $3,098 in the 99362 zip code.
Property Tax Assessment Values Across Walla Walla, Walla Walla County, Washington
Source: Ownwell
$112,220
$233,100
$353,980
Average Walla Walla Assessed Value
$353,980
Average Walla Walla County Assessed Value
$340,770
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Walla Walla, Walla Walla County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99362 | $145,980 | $254,290 | $353,980 | $478,050 | $637,460 |
Source: Ownwell
Property Tax Bills Across Walla Walla, Walla Walla County, Washington
Property tax bills in Walla Walla, WA, are calculated based on the assessed value of a property, which is determined by local assessors. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. In Walla Walla County, the median home price is $353,980. Homeowners in the 25th percentile of tax bills pay around $1,993 annually, while those in the 75th percentile face bills of approximately $4,350. For the 90th percentile, tax bills can be as high as $5,979. Factors that influence the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, homeowners in Walla Walla experience varying tax burdens depending on their property's assessed value and location within the county. These property tax bills significantly impact homeowners' annual expenses, influencing both their budgeting and long-term financial planning.
Property Tax Bills Across Walla Walla, Walla Walla County, Washington
Source: Ownwell
$693
$2,069
$3,445
Average Walla Walla Tax Bill
$3,098
Average Walla Walla County Tax Bill
$3,092
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Walla Walla, Walla Walla County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99362 | $611 | $1,993 | $3,098 | $4,350 | $5,979 |
Source: Ownwell