Average Tax Assessment in Spokane County
Real Estate Values and Property Tax Valuation in Spokane County, Washington
In Spokane County, there are a total of 164,529 properties with a cumulative value of $50.7B. This accounts for 4.44% of all real estate value in Washington. Property taxes in Spokane County are collected from these properties, amounting to a total of $562.9M. The average homeowner in Spokane County pays $3,455 in property taxes, which is lower than the state average of $4,796. The average property tax rate in Spokane County is 1.11%, which is higher than the state average of 1.01%. Property taxes are calculated 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 | |
|---|---|
| Spokane Assessor | (509) 477-3698 |
| Spokane Treasurer | (509) 477-4713 |
| 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 |
Don't Miss Your Property Tax Appeal Deadline
Real Estate Statistics in Spokane County
Residential Property Taxes by Cities in Spokane County
Spokane County has an average property tax rate of 1.11%, which is slightly lower than the national average of 1.19%. This rate is applied to the assessed value of a property to calculate the amount of taxes due. Property taxes in Spokane County are collected by the county government and are used to fund public services such as schools, roads, and public safety.
Property tax rates in Spokane County vary across cities, with Valleyford having the highest effective property tax rate of 1.16%, and Elk having the lowest effective property tax rate of 0.88%. Property taxes in Spokane County are generally lower than the national average, making it an attractive place to live for those looking to save on their taxes.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Spokane County. 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.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Airway Heights | $4,300 | $100,300 | $214,500 | $276,000 | $322,880 |
| Chattaroy | $26,040 | $180,610 | $316,500 | $418,270 | $536,192 |
| Cheney | $81,140 | $199,605 | $265,650 | $338,500 | $428,186 |
| Colbert | $274,000 | $328,400 | $393,580 | $514,090 | $661,332 |
| Deer Park | $112,764 | $188,850 | $271,760 | $362,400 | $465,880 |
| Elk | $19,900 | $139,400 | $233,700 | $322,100 | $416,200 |
| Fairfield | $62,988 | $132,250 | $185,800 | $252,490 | $348,520 |
| Greenacres | $297,680 | $355,150 | $448,600 | $558,200 | $671,872 |
| Liberty Lake | $265,220 | $327,500 | $412,900 | $535,500 | $752,606 |
| Mead | $30,030 | $111,000 | $285,900 | $403,080 | $496,850 |
| Medical Lake | $133,570 | $203,100 | $266,100 | $331,110 | $425,810 |
| Newman Lake | $175,140 | $244,200 | $300,300 | $415,975 | $550,160 |
| Nine Mile Falls | $199,370 | $268,650 | $361,100 | $490,975 | $649,845 |
| Otis Orchards | $153,169 | $243,488 | $314,150 | $409,025 | $551,549 |
| Rockford | $34,624 | $118,100 | $190,400 | $276,838 | $410,856 |
| Spangle | $75,597 | $174,655 | $296,880 | $420,720 | $596,236 |
| Spokane | $143,575 | $195,808 | $262,300 | $358,000 | $488,622 |
| Spokane Valley | $158,612 | $223,200 | $276,900 | $329,200 | $393,400 |
| Valleyford | $199,760 | $286,390 | $424,050 | $557,700 | $666,438 |
| Veradale | $309,800 | $400,725 | $499,400 | $575,875 | $650,999 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Spokane County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Airway Heights | $39 | $503 | $2,115 | $2,730 | $3,195 |
| Chattaroy | $188 | $1,389 | $2,928 | $3,922 | $5,058 |
| Cheney | $577 | $2,090 | $2,836 | $3,597 | $4,512 |
| Colbert | $2,763 | $3,582 | $4,292 | $5,559 | $7,185 |
| Deer Park | $770 | $1,872 | $2,789 | $3,780 | $4,866 |
| Elk | $157 | $1,052 | $2,083 | $2,945 | $3,889 |
| Fairfield | $411 | $1,011 | $1,669 | $2,276 | $3,300 |
| Greenacres | $3,548 | $4,298 | $5,290 | $6,389 | $7,680 |
| Liberty Lake | $2,982 | $3,763 | $4,744 | $6,156 | $8,617 |
| Mead | $323 | $1,072 | $3,236 | $4,480 | $5,520 |
| Medical Lake | $1,041 | $2,048 | $2,764 | $3,438 | $4,422 |
| Newman Lake | $1,674 | $2,937 | $3,618 | $4,791 | $6,255 |
| Nine Mile Falls | $1,693 | $2,657 | $3,728 | $5,143 | $6,932 |
| Otis Orchards | $874 | $2,853 | $3,686 | $4,760 | $6,260 |
| Rockford | $267 | $1,137 | $2,027 | $2,985 | $4,462 |
| Spangle | $468 | $1,761 | $3,009 | $4,248 | $5,978 |
| Spokane | $1,023 | $2,181 | $3,008 | $4,151 | $5,662 |
| Spokane Valley | $992 | $2,601 | $3,308 | $3,949 | $4,699 |
| Valleyford | $1,635 | $3,341 | $5,043 | $6,687 | $8,050 |
| Veradale | $3,665 | $4,712 | $5,775 | $6,662 | $7,577 |
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.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Airway Heights | 0.91% | 0.50% | 0.99% | 0.99% | 0.99% |
| Chattaroy | 0.72% | 0.77% | 0.93% | 0.94% | 0.94% |
| Cheney | 0.71% | 1.05% | 1.07% | 1.06% | 1.05% |
| Colbert | 1.01% | 1.09% | 1.09% | 1.08% | 1.09% |
| Deer Park | 0.68% | 0.99% | 1.03% | 1.04% | 1.04% |
| Elk | 0.79% | 0.75% | 0.89% | 0.91% | 0.93% |
| Fairfield | 0.65% | 0.76% | 0.90% | 0.90% | 0.95% |
| Greenacres | 1.19% | 1.21% | 1.18% | 1.14% | 1.14% |
| Liberty Lake | 1.12% | 1.15% | 1.15% | 1.15% | 1.14% |
| Mead | 1.08% | 0.97% | 1.13% | 1.11% | 1.11% |
| Medical Lake | 0.78% | 1.01% | 1.04% | 1.04% | 1.04% |
| Newman Lake | 0.96% | 1.20% | 1.20% | 1.15% | 1.14% |
| Nine Mile Falls | 0.85% | 0.99% | 1.03% | 1.05% | 1.07% |
| Otis Orchards | 0.57% | 1.17% | 1.17% | 1.16% | 1.13% |
| Rockford | 0.77% | 0.96% | 1.06% | 1.08% | 1.09% |
| Spangle | 0.62% | 1.01% | 1.01% | 1.01% | 1.00% |
| Spokane | 0.71% | 1.11% | 1.15% | 1.16% | 1.16% |
| Spokane Valley | 0.63% | 1.17% | 1.19% | 1.20% | 1.19% |
| Valleyford | 0.82% | 1.17% | 1.19% | 1.20% | 1.21% |
| Veradale | 1.18% | 1.18% | 1.16% | 1.16% | 1.16% |
Reduce your property tax bill with Ownwell!
Real Estate Values in Spokane County
The median home price in Spokane County, Washington has increased by 5.37% from October 2022 to October 2023, from $400.0K to $421.5K. The home inventory in Spokane County has remained the same over the same period. This suggests that the demand for homes in Spokane County is increasing, leading to an increase in home prices.
Average Home Value in Spokane County, Washington
Last updated: November 2023
Percent Change in Total Home Sales in Spokane County
Last updated: November 2023
Percent Change in New Home Listings in Spokane County
Last updated: November 2023
Reduce your property tax bill with Ownwell
Mortgage Rates in Spokane County
Mortgages in Spokane County are a significant part of the local economy. According to recent statistics, there is a total of $17.4 billion in outstanding loans across the county, with 92.3 thousand outstanding loans. This amount represents a significant portion of the total home value in the county.
The median mortgage rate in Spokane County varies across cities, ranging from 3.92% in Greenacres to 4.5% in Nine Mile Falls. This variation in rates can have a significant impact on the affordability of mortgages in the county, with those in Greenacres potentially having access to more affordable mortgages than those in Nine Mile Falls.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Spokane County by city.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Airway Heights | $48,659 | $99,822 | $167,828 | $250,481 | $325,741 |
| Chattaroy | $35,044 | $85,718 | $172,862 | $269,944 | $395,677 |
| Cheney | $46,923 | $91,217 | $167,057 | $262,648 | $348,400 |
| Colbert | $60,865 | $115,634 | $200,669 | $305,236 | $419,057 |
| Deer Park | $41,337 | $83,906 | $158,148 | $254,060 | $347,236 |
| Elk | $34,832 | $69,203 | $134,783 | $225,121 | $340,811 |
| Fairfield | $39,776 | $71,038 | $114,109 | $186,276 | $247,323 |
| Greenacres | $93,110 | $174,103 | $269,441 | $360,131 | $470,517 |
| Liberty Lake | $66,737 | $127,455 | $209,655 | $315,113 | $437,960 |
| Mead | $41,636 | $80,918 | $159,666 | $253,519 | $368,387 |
| Medical Lake | $40,943 | $80,371 | $149,903 | $243,821 | $334,115 |
| Newman Lake | $42,314 | $90,409 | $161,381 | $264,239 | $370,273 |
| Nine Mile Falls | $40,534 | $77,073 | $164,086 | $294,890 | $414,070 |
| Otis Orchards | $38,641 | $81,323 | $155,324 | $249,558 | $360,481 |
| Rockford | $35,612 | $62,745 | $129,541 | $221,147 | $303,291 |
| Spangle | $37,432 | $81,292 | $175,243 | $284,275 | $386,454 |
| Spokane | $39,527 | $76,232 | $141,897 | $233,777 | $334,970 |
| Spokane Valley | $41,312 | $76,423 | $139,412 | $223,384 | $319,309 |
| Valleyford | $32,243 | $81,255 | $215,267 | $321,467 | $427,131 |
| Veradale | $72,610 | $147,741 | $249,193 | $358,034 | $486,292 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Spokane County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Airway Heights | 2.80% | 3.25% | 4.02% | 5.50% | 6.57% |
| Chattaroy | 3.10% | 3.66% | 4.40% | 5.99% | 6.98% |
| Cheney | 2.90% | 3.50% | 4.10% | 5.70% | 6.75% |
| Colbert | 2.90% | 3.55% | 4.22% | 5.79% | 6.90% |
| Deer Park | 2.90% | 3.50% | 4.16% | 5.72% | 7.06% |
| Elk | 3.09% | 3.70% | 4.40% | 6.28% | 7.37% |
| Fairfield | 3.00% | 3.62% | 4.40% | 5.87% | 6.95% |
| Greenacres | 2.90% | 3.35% | 3.92% | 4.82% | 6.27% |
| Liberty Lake | 2.90% | 3.50% | 4.11% | 5.53% | 6.76% |
| Mead | 3.10% | 3.73% | 4.47% | 6.10% | 7.14% |
| Medical Lake | 2.90% | 3.64% | 4.50% | 6.12% | 7.08% |
| Newman Lake | 3.00% | 3.66% | 4.40% | 6.15% | 7.18% |
| Nine Mile Falls | 3.00% | 3.69% | 4.50% | 6.38% | 7.55% |
| Otis Orchards | 3.00% | 3.69% | 4.50% | 6.21% | 7.37% |
| Rockford | 3.10% | 3.65% | 4.13% | 5.59% | 6.84% |
| Spangle | 2.91% | 3.54% | 4.08% | 5.70% | 6.84% |
| Spokane | 2.93% | 3.60% | 4.30% | 5.87% | 7.02% |
| Spokane Valley | 2.98% | 3.60% | 4.37% | 6.00% | 7.10% |
| Valleyford | 3.00% | 3.65% | 4.26% | 5.89% | 7.05% |
| Veradale | 2.94% | 3.65% | 4.18% | 5.81% | 7.13% |
Housing Expenses in Spokane County, Washington
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.