West Richland, Franklin County, Washington Property Taxes
Median WEST RICHLAND, WA effective property tax rate: 0.53%, significantly lower than the national median of 1.02%, but lower than the WA state median of 0.88%.
Median WEST RICHLAND, WA home value: $360,900
Median annual WEST RICHLAND, WA tax bill: $1,911, $489 lower than the national median property tax bill of $2,400.
How are property taxes in Franklin calculated?
Property taxes in WEST RICHLAND, 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 WEST RICHLAND’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in WEST RICHLAND, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
West Richland, Franklin County, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.53%
Estimate Property Tax Bill
$1,913
$1,775
Property Tax Rates Across West Richland, Franklin County, Washington
Local government entities determine tax rates, which can fluctuate significantly within a state. This is because each year, counties estimate their budgetary needs for providing services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Though votes and legislation play a role in setting these rates and budgets, this is essentially the annual procedure.
In West Richland, located in Franklin County, WA, the effective property tax rate is 0.53%. This is notably lower than the national median property tax rate of 1.02%. The median property tax bill in West Richland is also significantly below the national average of $2,400. This provides a favorable tax environment for property owners in West Richland compared to many other areas across the United States. The lower tax rate can be an attractive factor for potential property buyers and current owners looking to manage their expenses effectively.
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 West Richland Tax Rate
0.53%
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 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 West Richland, Franklin County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99353 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across West Richland, Franklin County, Washington
When examining property taxes in West Richland, 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 appraisal district 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 March. 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 West Richland. For example, the median home price in West Richland is $360,900, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across West Richland, Franklin County, Washington
Source: Ownwell
$93,400
$243,125
$392,850
Median West Richland Market Value
$360,900
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 West Richland, Franklin County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99353 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across West Richland, Franklin County, Washington
In West Richland, WA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in the area stands at $360,900. The tax rate is applied to this assessed value to determine the annual tax bill. In Franklin County, the property tax bill for many homeowners, including those in the 25th, 75th, and 90th percentiles, is $1,911, significantly below the national median bill of $2,400. This lower tax bill can be attributed to the region's tax rate and assessed values.
Factors influencing the tax bill include property size, location, and improvements, which can impact the assessed value. Homeowners in West Richland benefit from relatively low property taxes, but there is still potential for savings. Ownwell can assist by identifying inaccuracies in assessments and ensuring eligible exemptions are applied, helping homeowners reduce their tax burden. By leveraging expert knowledge, Ownwell ensures homeowners pay only their fair share.
Median West Richland Tax Bill
$1,911
Median Franklin County Tax Bill
$2,758
Median Washington Tax Bill
$4,284
Median United States Tax Bill
$2,400
Property Tax Bills Across West Richland, Franklin County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99353 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell