Property Taxes in Washington
Washington's effective property tax rate is 0.75%, ranking #22 out of 50 states (1 = lowest). The median annual property tax paid is $4,462.
Washington's property tax rate is capped at 1% of assessed value by the state constitution, and most localities tax well below this cap. Total rates including local levies typically range from 0.8-1.2% of assessed value, which is moderate by national standards. Washington has a senior/disabled exemption that provides property tax relief based on income, and the state's deferral program allows qualifying homeowners to defer property taxes until the home is sold. The state's property tax system is relatively straightforward compared to many states, with annual assessments and transparent rate-setting.
By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Tax Foundation, U.S. Census
Tax Rate
0.75%
Median Annual Tax
$4,462
National Rank
#22 of 50
1 = lowest
Homestead Exemption
Yes
Annual Property Tax by Home Price
| Home Price | Annual Tax | Monthly |
|---|---|---|
| $200,000 | $1,500 | $125 |
| $300,000 | $2,250 | $188 |
| $400,000 | $3,000 | $250 |
| $500,000 | $3,750 | $313 |
| $750,000 | $5,625 | $469 |
* Based on the average effective rate of 0.75%. Actual rates vary by county and municipality.
Homestead Exemption in Washington
Up to $125,000
File for the homestead exemption after purchasing your primary residence in Washington to reduce your assessed property value, lowering your annual tax bill. Contact your county assessor's office for the application.
How Washington Compares
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