Mount Vernon, Washington Property Taxes
Real Estate Values and Property Tax Valuation in Mount Vernon, Washington
Mount Vernon is home to 15,528 properties with a cumulative value of $6.2B, making up 33.59% of all real estate value in Skagit County. Property taxes in Mount Vernon totaled $69.1M, with the average homeowner paying $4,465 in property taxes compared to the county average of $3,908. The average property tax rate in Mount Vernon is 1.11%, while the county average is 0.98%. 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.
Updated November 01, 2023
| Important Links | |
|---|---|
| Skagit Assessor | (360) 416-1780 |
| Skagit Treasurer | (360) 416-1750 |
| 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 | |
|---|---|
| Senior | Available |
| Disabled | Available |
| Homestead | Not Available |
| Veteran | Available |
| Charitable | Available |
Reduce your property tax bill with Ownwell
Real Estate Statistics in Mount Vernon, Washington
Residential Property Tax by ZIP code in Mount Vernon, Washington
Mount Vernon has an average property tax rate of 1.11%, which is slightly higher than the average rate for Skagit County, which is 0.98%. This difference is likely due to the higher home values in Mount Vernon compared to the rest of the county.
Property tax rates in Mount Vernon vary across ZIP codes. The ZIP code with the highest effective property tax rate is 98273, with a rate of 1.12%. The ZIP code with the lowest effective property tax rate is 98274, with a rate of 1.11%. This difference is likely due to the varying home values across the different ZIP codes.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each ZIP code in Mount Vernon, 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 Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98273 | $188,010 | $283,525 | $361,900 | $437,500 | $545,400 |
| 98274 | $198,380 | $313,675 | $407,500 | $527,950 | $699,210 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each ZIP code in Mount Vernon, Washington.
| ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98273 | $706 | $3,164 | $4,223 | $5,089 | $6,318 |
| 98274 | $1,373 | $3,454 | $4,675 | $5,989 | $7,859 |
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 Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98273 | 0.38% | 1.12% | 1.17% | 1.16% | 1.16% |
| 98274 | 0.69% | 1.10% | 1.15% | 1.13% | 1.12% |
Reduce your property tax bill with Ownwell
Real Estate Values in Mount Vernon, Washington
Average Home Value in Mount Vernon, Washington
Last updated: November 2023
Average home value over time in Mount Vernon, Washington
Last updated: November 2023
Total unique home listings in Mount Vernon, Washington
Last updated: November 2023
Reduce your property taxes every year with Ownwell!
Housing Expenses in Mount Vernon, 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
With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.
How Ownwell works?
- 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.
- Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
- 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.
- 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.