Brownstown, Washington Property Taxes
The median property tax rate in Brownstown, WA is 0.88%, aligning with the state median but lower than the national median of 0.99%. With a median home value of $168,900, the typical annual property tax bill in Brownstown reaches $1,488, which is below the national median of $2,690. Property taxes in Brownstown are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Brownstown'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 Brownstown or another part of Yakima County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brownstown, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$1,486
$1,379
Ownwell’s Brownstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brownstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brownstown 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 Brownstown, Washington
Property taxes in Brownstown, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brownstown is 0.88%, which is below the U.S. national median of 0.99%. Local government entities within Brownstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brownstown 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 Brownstown's effective property tax rate to other counties in Washington and the national median. For comparison, the 98920 zip code has both the highest and lowest median property tax rate of 0.88%. Understanding how these cities compare with Brownstown provides valuable insights into the varying tax landscape across Yakima County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brownstown Tax Rate
0.88%
Average Yakima County Tax Rate
1.10%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brownstown, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98920 | 0.88% | 0.88% | 0.88% | 0.88% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Brownstown, Washington
In Brownstown, 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 Yakima County Appraisal District 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 Brownstown, 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 Brownstown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 98920, both at $1,488.
Average Brownstown Assessed Value
$168,900
Average Yakima County Assessed Value
$200,300
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brownstown, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98920 | $168,900 | $168,900 | $168,900 | $168,900 | $168,900 |
Source: Ownwell
Property Tax Bills Across Brownstown, Washington
In Brownstown, property tax bills are calculated based on the assessed value of a home, which is determined by the Yakima County Assessor’s Office. The assessed value is a percentage of the property's market value, reflecting its worth in the current real estate market. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. For instance, with a median home price of $168,900 in Brownstown, homeowners can expect a median property tax bill of $1,488. This amount is consistent across various percentiles, indicating a stable tax rate within the region. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. Homeowners in Brownstown benefit from relatively predictable property tax expenses, allowing for better financial planning. Compared to the national median property tax rate of 0.99%, Brownstown's rate reflects a moderate tax burden, making it an attractive location for property owners.
Average Brownstown Tax Bill
$1,488
Average Yakima County Tax Bill
$2,273
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Brownstown, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98920 | $1,488 | $1,488 | $1,488 | $1,488 | $1,488 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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Appeal Deadline | July 1 |
Tax Bill | |
Issued | February 10 |
Due Date #1 | April 30 |
Due Date #2 | October 31 |
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