- How Much Is the Property Tax in Seattle?
- How Do You Calculate Your Seattle Property Taxes?
Rates will start at 1.1% for the amount of a property up to $500,000, according to the Washington State Department of Revenue. The rate of 1.28% will remain for the portion between $500,000 and $1.5 million, and will rise to 2.75% for the amount between $1.5 million and $3 million.
The average effective property tax rate in King County is 1.01%, 15th highest of the state’s 39 counties. However, the county’s median annual property tax payment is highest in the state, at $3,824. In Seattle, the total 2015 rate was $9.27 per $1,000 in assessed value, a 10% increase from 2014.
Property taxes in Washington are paid twice a year in the middle of each tax period. For example, taxes for January through June are due in April. Washington state is fortunate to have property tax rates below the national average, at about 0.93%. Skamania County comes in at the lowest tax rate: 0.61%, while Pierce County has the highest at 1.19%.
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