Moxee, Yakima County, Washington Property Taxes

Property tax rates in Moxee, located in Yakima County, Washington, are determined by local government entities and can vary significantly within the state. Each year, the county calculates its necessary budget to maintain public services and divides this by the total assessed value of all taxable properties in its jurisdiction. This process results in the property tax rate specific to the area. While votes and legislation play a role in establishing these rates and budgets, this is the basic annual procedure.

In Moxee, the effective property tax rate is aligned with the highest and lowest rates within the same zip code, standing at 1.24%. This rate is above the national median of 1.02%, indicating a higher tax burden on property owners in the area compared to the U.S. average. When comparing Moxee’s tax rate to the median rate in Washington, property owners should be aware of these differences and how they might impact their financial planning. Understanding the nuances of property tax rates can help residents make informed decisions regarding their property investments.

In Moxee, located in Yakima County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Moxee is $242,600, with property tax bills ranging significantly. For example, the tax bill at the 25th percentile is $2,193, while at the 75th percentile, it rises to $3,844. The highest median tax bill recorded in the area is $3,069, which is higher than the national median property tax bill of $2,400.

Homeowners in Moxee can feel the impact of these taxes on their finances, especially when bills exceed national averages. This is where Ownwell comes in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax burdens, ensuring they only pay their fair share. Through a thorough assessment of property values and tax rates, Ownwell assists in identifying opportunities for savings, making property ownership more affordable.