
Washington Property Tax
Washington Property Tax Overview
Keywords: Washington property tax, property tax in Washington, Washington property tax rate
Key Statistics (2023 ACS)
| Metric | Value |
|---|---|
| Median home value (statewide) | $519,800 |
| Average effective property tax rate | 0.84 % |
| Median annual property tax | $4,361 |
| Washington’s rank (effective tax rate) | 29th of 52 (states and territories) |
| National average effective tax rate | 0.97 % |
| Difference vs. national average | 13.3 % lower |
Source: According to the U.S. Census Bureau's American Community Survey (ACS) (5‑year estimates, 2023).
How the Washington Property Tax Rate Is Applied
The Washington property tax rate is expressed as an effective rate, which is the amount of tax paid divided by the market value of the property. The statewide average effective rate of 0.84 % means that, on average, a homeowner pays 0.84 % of the home’s assessed value in property taxes each year.
Because Washington does not have a state‑level property tax, the rate is set and collected by local jurisdictions (counties, cities, special districts, and school districts). Consequently, property tax rates can vary by county and even by municipality within the same county.
Example Tax Bills
Using the average effective rate of 0.84 %:
| Home value | Estimated annual property tax |
|---|---|
| $250,000 | $2,098 |
| $500,000 | $4,195 |
These figures are approximations based on the statewide average effective rate. Actual bills may be higher or lower depending on the specific local levy structure.
Comparison to the National Average
- Washington’s effective property tax rate (0.84 %) is 13.3 % lower than the national average effective rate of 0.97 %.
- In a national context, Washington ranks 29th out of 52 jurisdictions (states and territories) in terms of the lowest effective property tax rates.
This relative positioning reflects Washington’s reliance on a mix of local levies rather than a higher statewide rate.
Implications for Specific Groups
Retirees
- Tax burden: Retirees who own their homes pay property taxes based on the same effective rate as other homeowners.
- Exemptions: Washington offers a senior citizen exemption that can reduce the taxable value of a primary residence for owners age 65 or older who meet income criteria. The exemption amount is limited and varies by county.
Landlords
- Investment considerations: Landlords are subject to the same effective rate on the assessed value of each rental property. Because the rate is lower than the national average, the property‑tax component of operating expenses may be comparatively modest.
- Variable rates: Since local jurisdictions set levies, landlords should examine the specific tax rates in the counties where their rental properties are located, as some counties (e.g., King County) have higher total levy amounts than others (e.g., Spokane County).
Both groups should consult local county assessor offices for precise tax calculations and to confirm eligibility for any exemptions or credits.
Frequently Asked Questions
| Question | Answer |
|---|---|
| What is the average effective Washington property tax rate? | Based on the most recent ACS estimates, the average effective property tax rate in Washington is 0.84 %. |
| How does Washington’s property tax compare to the national average? | Washington’s rate is 13.3 % lower than the national average effective rate of 0.97 %, placing the state near the lower end of the national spectrum. |
| Do property tax rates differ by county? | Yes. Washington’s property tax system is administered by local jurisdictions, so rates can vary by county and even by city or special district within a county. Homeowners should check with their county assessor for the exact rate applicable to their property. |
All data presented are derived from the U.S. Census Bureau’s American Community Survey (ACS) 5‑year estimates for 2023.
Neighboring States
Compare Washington
View All ComparisonsLowest Property Tax States For Landlords
Compare property tax rates across states
Lowest Property Tax States For Remote Workers
Compare property tax rates across states
Lowest Property Tax States For Rental Property
Compare property tax rates across states
Lowest Property Tax States For Retirees
Compare property tax rates across states
Lowest Property Tax States For Seniors
Compare property tax rates across states
Lowest Property Tax States With No Income Tax
Compare property tax rates across states
Head-to-Head Comparisons
Alabama Vs Washington
Compare property taxes between Alabama and Washington
Alaska Vs Washington
Compare property taxes between Alaska and Washington
Arizona Vs Washington
Compare property taxes between Arizona and Washington
Arkansas Vs Washington
Compare property taxes between Arkansas and Washington
California Vs Washington
Compare property taxes between California and Washington
Colorado Vs Washington
Compare property taxes between Colorado and Washington
Connecticut Vs Washington
Compare property taxes between Connecticut and Washington
Delaware Vs Washington
Compare property taxes between Delaware and Washington
District Of Columbia Vs Washington
Compare property taxes between Columbia and Washington
Florida Vs Washington
Compare property taxes between Florida and Washington
Georgia Vs Washington
Compare property taxes between Georgia and Washington
Hawaii Vs Washington
Compare property taxes between Hawaii and Washington
Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.