Hooper, Washington Property Taxes
The median property tax rate in Hooper, WA is 1.10%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Hooper at $179,186, the typical annual property tax bill reaches $1,939, which is below the national median of $2,690. Property taxes in Hooper 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 Hooper'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 Hooper or another part of Whitman County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hooper, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$1,971
$1,926
Ownwell’s Hooper Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hooper with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hooper 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 Hooper, Washington
Property taxes in Hooper, WA, are essential in funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Hooper is 1.10%, higher than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Hooper set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hooper 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 Hooper's effective property tax rate to other areas in Whitman County and the national median. For comparison, the 99371 zip code has the highest median property tax rate of 1.19%, while the 99333 zip code has the lowest median tax rate of 1.02%. Understanding how these areas compare with Hooper provides valuable insights into the varying tax landscape across Whitman County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hooper Tax Rate
1.10%
Average Whitman County Tax Rate
1.48%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hooper, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99333 | 1.02% | 1.02% | 1.02% | 1.10% | 1.14% |
| 99371 | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Hooper, Washington
In Hooper, 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 Whitman 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 Hooper, 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 Hooper helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in Whitman County is $2,714 in zip code 99371, while the lowest is $1,731 in zip code 99333.
Average Hooper Assessed Value
$179,186
Average Whitman County Assessed Value
$117,153
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hooper, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99333 | $33,183 | $76,028 | $147,436 | $179,186 | $198,235 |
| 99371 | $228,774 | $228,774 | $228,774 | $228,774 | $228,774 |
Source: Ownwell
Property Tax Bills Across Hooper, Washington
In Hooper, WA, property tax bills are calculated based on the assessed value of the property, which is determined by the Whitman County Assessor's Office. The assessed value is a percentage of the market value, reflecting the property's worth on the open market. Factors such as location, property size, and improvements can influence this value. Once the assessed value is established, the local tax rate is applied to determine the annual tax bill. For homeowners in Hooper, the tax bills can vary significantly. The 25th percentile tax bill is around $1,310, while the 75th percentile reaches $2,289. At the 90th percentile, homeowners might pay up to $2,544 annually. These figures show a broad range, indicating how different property values and assessments can impact the final tax amount. Compared to the national median property tax rate of 0.99%, the property tax rates in Hooper can be seen as relatively moderate, yet they still represent a significant financial consideration for homeowners.
Average Hooper Tax Bill
$1,939
Average Whitman County Tax Bill
$1,573
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Hooper, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99333 | $384 | $889 | $1,731 | $1,939 | $2,064 |
| 99371 | $2,714 | $2,714 | $2,714 | $2,714 | $2,714 |
Source: Ownwell