Granger, Washington Property Taxes
The median property tax rate in Granger, WA is 1.00%, slightly higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Granger, the typical annual property tax bill reaches $1,622, which is below the national median of $2,690. Property taxes in Granger 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 Granger'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 Granger 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
Granger, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$1,482
$1,375
Ownwell’s Granger Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Granger with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Granger 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 Granger, Washington
Property taxes in Granger, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Granger is 1.00%, which is higher than the U.S. national median of 0.99%. Local government entities within Granger set these rates annually, and they can vary significantly across different neighborhoods. Each year, Granger 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 Granger's effective property tax rate to other counties in Washington and the national median. For comparison, the 98932 zip code has both the highest and lowest median property tax rate of 1.00%. Understanding how these cities compare with Granger 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 Granger Tax Rate
1.00%
Average Yakima County Tax Rate
1.10%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Granger, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98932 | 0.99% | 0.99% | 1.00% | 1.11% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Granger, Washington
In Granger, 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 Granger, 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 Granger helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 98932 reports the highest and lowest median tax bill at $1,622, highlighting the uniformity in tax assessments across the region.
Average Granger Assessed Value
$148,200
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 Granger, Washington
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98932 | $19,000 | $96,250 | $148,200 | $205,325 | $288,450 |
Source: Ownwell
Property Tax Bills Across Granger, Washington
In Granger, WA, property tax bills are calculated based on the assessed value of a home. The local tax rate in Yakima County plays a crucial role in determining the final tax bill. For instance, with a median home price of $148,200, homeowners can expect their property tax bills to vary significantly. At the 25th percentile, the tax bill is around $1,076, while at the 75th percentile, it rises to approximately $2,293. For those at the 90th percentile, the bill can reach as high as $3,586. These tax bills are influenced by several factors, including the home's assessed value, the local tax rate, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Granger's rates can be seen as relatively moderate but still substantial depending on the property's assessed value. This affects homeowners by impacting their annual financial planning and overall cost of homeownership. Understanding these factors can help homeowners better anticipate and manage their property tax obligations.
Average Granger Tax Bill
$1,622
Average Yakima County Tax Bill
$2,273
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Granger, Washington
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
98932 | $290 | $1,076 | $1,622 | $2,293 | $3,586 |
Source: 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 |
---|