Real Estate Values and Property Tax Valuation in Algona, Washington

The city of Algona, Washington has a total of 912 properties with a cumulative value of $287.0M. This accounts for 0.06% of all real estate value in King County. Property taxes in Algona totaled $3.6M, with an average homeowner paying $3,940 in taxes compared to the county average of $7,630. The average property tax rate in Algona is 1.25%, higher than the county average of 0.97%. Property taxes are based on the assessed value of the property, which is typically lower than the market value.

The property tax timeline in Washington begins on January 1st when the property valuation date is set. Property value notices are issued from May to December and the property tax appeal deadline is July 1st or 30-60 days after the notice is issued. Finally, property tax bills are issued on February 14th.

Important Dates
Property Valuation Date:January 1st
Property Value Notices Issued:May - December
Property Tax Appeal Deadline:July 1st or 30-60 days after notice
Property Tax Bills Issued:February 14th
Real Property Tax Bill Due (1st of #):April 30th
Real Property Tax Bill Due (2nd of #):October 31st
Available Exemptions
SeniorAvailable
DisabledAvailable
HomesteadNot Available
VeteranAvailable
CharitableAvailable

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Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

Real Estate Statistics in Algona, Washington

Total Real Estate Value
$287.0M
Total Real Property Taxes
$3.6M
Average Property Tax Rate
1.25%
# of Real Properties
912

Residential Property Tax by ZIP code in Algona, Washington

Algona, Washington has an average property tax rate of 1.25%, which is higher than the average rate of 0.97% for King County. This means that property owners in Algona pay a higher rate of taxes than the average for the county. The highest effective property tax rate in Algona is found in the ZIP code 98001, which has a rate of 1.25%. This rate is higher than the average for the county, but still lower than the maximum rate allowed by law.

Property tax rates in Algona vary across ZIP codes due to differences in home values. For example, the ZIP code with the lowest effective property tax rate in Algona is likely to have lower home values than the ZIP code with the highest effective rate. This means that property owners in the lower-valued ZIP code will pay less in taxes than those in the higher-valued ZIP code.

Tax Assessment Value

The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each ZIP code in Algona, Washington. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.

ZIP Code10th Percentile25th PercentileMedian75th Percentile90th Percentile
98001$165,000$241,750$330,500$381,000$422,000

Property Tax Bill

This table shows the percentiles of actual property tax paid on residential properties for each ZIP code in Algona, Washington.

ZIP Code10th Percentile25th PercentileMedian75th Percentile90th Percentile
98001$2,104$3,012$4,212$4,881$5,405

Effective Property Tax Rate

The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.

ZIP Code10th Percentile25th PercentileMedian75th Percentile90th Percentile
98001 1.28% 1.25% 1.27% 1.28% 1.28%

Reduce your property tax bill with Ownwell

Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

Real Estate Values in Algona, Washington

Median Sale Price
$512.5K
Total Inventory
2
% Change in Median Sale Price
-4.21%
12-month Change

Average Home Value in Algona, Washington

Last updated: November 2023

We currently do not have this data but we are working to add this soon.

We currently do not have this data but we are working to add this soon.

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Housing Expenses in Algona, Washington

Housing expenses are a major part of the average household budget in the state. In fact, housing expenses account for nearly one-third of total expenses for the average household. As inflation continues, housing expenses continue to rise, eating up an ever-increasing portion of the household budget. Property taxes are the second largest component of housing expenses for the average property owner in the state, making up a significant portion of the total housing expenses. As housing expenses continue to rise, it is important for households to budget carefully and plan for the future to ensure they can afford their housing expenses.

Monthly Consumer Expenses for West region

Reduce your property tax bill with Ownwell

Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.

How Ownwell works?

  1. Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
  2. Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
  3. Sit back and let us get to work. Ownwell handles everything start to finish with no up-front costs. It’s all backed by our industry-leading Savings-or-Free Guarantee.
  4. When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.

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Enter your property address and get an initial estimate of your potential tax savings based on local market data and our historical tax savings in your area. We never share or sell your information.

Frequently asked questions

We currently operate in Texas, California, Washington, Georgia, Florida and Illinois.
We use a private national data provider that cross-references with county recorder's offices to verify ownership. If in the event our system is unable to verify the property, our team will take further steps to investigate ownership and reach out to the customer for confirmation.
Our success rate varies across geographies; however, in any given year, we typically win more than 70% of our cases, saving clients an average of $1,457 on their property taxes.
Yes, in the market areas we serve, we have a dedicated Property Tax Consultant that is physically present in the market they are servicing. The specialist assigned to your property has the necessary geographical competence to provide exemplary service!
The average property tax rate in Algona is 1.25%.
The following exemptions and discounts are available in Algona: Charitable, Disabled, Senior and Veteran