Custer, Washington Property Taxes
The median property tax rate in Custer, WA is 0.68%, notably lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Custer at $516,531, the typical annual property tax bill reaches $3,270, surpassing the national median of $2,690. Property taxes in Custer 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 Custer'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 Custer 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
Custer, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.68%
Estimate Property Tax Bill
$3,512
$3,259
$1,148
Average Tax Savings
Ownwell’s Custer Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Custer with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Custer to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Custer. 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 Custer, Washington
Property taxes in Custer, Washington, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Custer is 0.68%, which is lower than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Custer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Custer 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 Custer's effective property tax rate to other counties in Washington and the national median. For comparison, the 98240 zip code has the highest median property tax rate of 0.68%, while the same zip code also has the lowest median tax rate of 0.68%. Understanding how these cities compare with Custer provides valuable insights into the varying tax landscape across Whatcom County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Custer Tax Rate
0.68%
Average Whatcom County Tax Rate
0.73%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Custer, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98240 | 0.29% | 0.58% | 0.68% | 0.74% | 0.82% |
Source: Ownwell
$1,148
Average Custer Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Custer, Washington
In Custer, 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 Whatcom County Assessor's Office 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 Custer, 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 Custer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest median tax bill in Whatcom County is 98240, with a median bill of $3,270, which also happens to be the lowest. Understanding these variations can help homeowners better anticipate their property tax obligations.
Average Custer Assessed Value
$516,531
Average Whatcom County Assessed Value
$517,614
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Custer, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98240 | $210,622 | $362,936 | $516,531 | $681,458 | $898,144 |
Source: Ownwell
$1,148
Average Custer Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Custer, Washington
In Custer, WA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in Custer is $516,531. The tax rate in Whatcom County is applied to this assessed value to calculate the tax bill. Factors such as property size, location, and improvements can affect the assessed value, and therefore the tax bill. Homeowners in Custer experience a range of tax bills, with the 25th percentile at $1,787, the 75th percentile at $4,539, and the 90th percentile reaching up to $6,227. The highest median tax bill in the area is $3,270, found in the 98240 zip code. Ownwell can help homeowners in Custer save on their property tax bills by providing expert property tax appeal and exemption services. By ensuring that your property is accurately assessed and by identifying potential exemptions, Ownwell can help you reduce your tax burden and ensure you are not overpaying.
Average Custer Tax Bill
$3,270
Average Whatcom County Tax Bill
$3,632
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Custer, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98240 | $626 | $1,787 | $3,270 | $4,539 | $6,227 |
Source: Ownwell
$1,148
Average Custer Tax Savings
Save on your property taxes & more with Ownwell.
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 | |
|---|---|
| Whatcom Tax Assessor | |
| Website | property.spatialest.com |
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