Grandview, Franklin County, Washington Property Taxes

Name: Property Tax Bills Across Grandview, Franklin County, Washington
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median GRANDVIEW, WA effective property tax rate: 0.69%, significantly lower than the national median of 1.02%, but lower than the Washington state median of 0.88%.
Median GRANDVIEW, WA home value: $267,900
Median annual GRANDVIEW, WA tax bill: $1,840, $560 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin calculated?

Property taxes in GRANDVIEW, WA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding GRANDVIEW’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in GRANDVIEW, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Grandview, Franklin County, Washington Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.69%

Estimate Property Tax Bill

$1,849

$1,715

Ownwell’s Grandview Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grandview with just two data points. By entering your property's estimated assessed value, our calculator applies Grandview’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in 53021. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Grandview, Franklin County, Washington

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is essentially the annual process. In Grandview, located in Franklin County, WA, the effective property tax rate is notable when compared to other cities in Washington and the median property tax rates in both the state and the U.S. With Washington's median property tax rate at 0.69%, property owners in Grandview benefit from rates that are well below the national median of 1.02%. This lower rate can lead to significant savings on property tax bills, making Grandview an attractive option for homeowners looking to reduce their tax burden. Such favorable rates can enhance the appeal of living in Grandview, offering both financial benefits and a desirable quality of life.

Property Tax Rates Across Grandview, Franklin County, Washington

Source: Ownwell

0.52%

0.61%

0.71%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Grandview Tax Rate

0.69%

Median Effective Franklin County Tax Rate

0.71%

Median Effective Washington Tax Rate

0.88%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grandview, Franklin County, Washington

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
98930	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Grandview, Franklin County, Washington

When examining property taxes in Grandview, WA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Franklin County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Franklin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Grandview. For example, the median home price in Grandview is $267,900, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Grandview, Franklin County, Washington

Source: Ownwell

$93,400

$243,125

$392,850

Median Grandview Market Value

$267,900

Median Franklin County Market Value

$384,600

Median Washington Market Value

$482,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grandview, Franklin County, Washington

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
98930	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Grandview, Franklin County, Washington

In Grandview, Franklin County, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value, reflecting current real estate trends. With the median home price in Grandview at $267,900, homeowners might expect tax bills around the national median of $2,400. However, many residents experience tax bills at $1,840, illustrating a lower effective tax rate compared to the national median property tax rate of 1.02%.

Factors influencing these tax bills include property location, market conditions, and local tax levies. High tax bills can strain homeowners' finances, making it essential to understand potential savings. Here, Ownwell's expertise becomes invaluable. By providing property tax appeal and exemption services, Ownwell helps homeowners ensure their assessments are fair, potentially reducing their tax burden. Through comprehensive analysis and strategic appeals, Ownwell empowers homeowners to manage their property taxes effectively, easing the financial impact on their household budgets.

Property Tax Bills Across Grandview, Franklin County, Washington

Source: Ownwell

$454

$1,643

$2,831

Median Grandview Tax Bill

$1,840

Median Franklin County Tax Bill

$2,758

Median Washington Tax Bill

$4,284

Median United States Tax Bill

$2,400

Property Tax Bills Across Grandview, Franklin County, Washington

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
98930	N/A	N/A	N/A	N/A	N/A

Source: Ownwell