Toppenish, Washington Property Taxes
The median property tax rate in Toppenish, WA is 1.13%, considerably higher than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Toppenish at $149,400, the typical annual property tax bill reaches $1,730, falling below the national median of $2,690. Property taxes in Toppenish 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 Toppenish'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 Toppenish 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
Toppenish, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$1,688
$1,649
Ownwell’s Toppenish Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Toppenish with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Toppenish 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 Toppenish, Washington
Property taxes in Toppenish, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Toppenish is 1.13%, higher than both the Washington state median and the U.S. national median of 0.99%. Local government entities within Toppenish set these rates annually, and they can vary significantly across different neighborhoods. Each year, Toppenish 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 Toppenish's effective property tax rate to other counties in Washington and the national median. For comparison, the 98948 zip code has the highest median property tax rate of 1.13%, while the same zip code also has the lowest median tax rate of 1.13%. Understanding how these cities compare with Toppenish 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 Toppenish Tax Rate
1.13%
Average Yakima County Tax Rate
1.10%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Toppenish, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98948 | 1.05% | 1.13% | 1.13% | 1.13% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Toppenish, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Toppenish, Washington. 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 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 Toppenish, 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. For instance, the median home price in Toppenish is $149,400, with tax bills ranging from $1,303 at the 25th percentile to $2,952 at the 90th percentile. The highest and lowest median tax bills are both $1,730 in the 98948 zip code. 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 Toppenish helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Toppenish Assessed Value
$149,400
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 Toppenish, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98948 | $66,940 | $115,000 | $149,400 | $186,600 | $231,140 |
Source: Ownwell
Property Tax Bills Across Toppenish, Washington
In Toppenish, 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 market value of the property. Homeowners in Toppenish see a range of property tax bills, with the 25th percentile paying around $1,303 and the 75th percentile facing bills up to $2,232. The 90th percentile of homeowners experience even higher bills, reaching $2,952. The median home price in Toppenish is $149,400, and the property tax rate is applied to this value to determine the annual tax bill. Factors such as property improvements, neighborhood changes, and local government budgets can influence the assessed value and, consequently, the tax bill. Compared to the national median property tax rate of 0.99%, Toppenish's tax rates reflect the local economic conditions and public service funding needs. Homeowners must budget for these taxes, as they directly impact the affordability and overall cost of owning property in the area.
Average Toppenish Tax Bill
$1,730
Average Yakima County Tax Bill
$2,273
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Toppenish, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98948 | $595 | $1,303 | $1,730 | $2,232 | $2,952 |
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 |
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