Property Taxes in Port Ludlow, Washington
Median Port Ludlow, Washington effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, and lower than the Washington state median of 0.92%.
Median Port Ludlow, Washington home value: $544,526
Median annual Port Ludlow, Washington tax bill: $4,288, $1,888 higher than the national median property tax bill of $2,400.
How are property taxes in Jefferson County calculated?
Property taxes in Port Ludlow, Washington 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 Port Ludlow's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Port Ludlow, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Port Ludlow Property Tax Calculator Work?
Use this Port Ludlow property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Port Ludlow's median effective tax rate of 0.79% — based on actual property records in Jefferson County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Port Ludlow's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Port Ludlow: rates range from 0.79% in 98365 to 0.79% in 98365, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Port Ludlow.
About Port Ludlow Property Taxes
About Property Taxes in Port Ludlow, Jefferson, Washington
Port Ludlow's median effective property tax rate of 0.79% is lower than the Washington state median of 0.92% and lower than the national median of 1.02%. This rate reflects the Jefferson County base levy combined with local school district levies and local improvement districts (LIDs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Port Ludlow. Homeowners in the 98365 ZIP code carry a median effective rate of 0.79%, while those in the same ZIP code pay 0.79%. This spread reflects how school district boundaries and local assessment districts are drawn across Jefferson County. Understanding which part of Port Ludlow you live in can make a meaningful difference to your annual tax bill.
Port Ludlow homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before July 1, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Port Ludlow, Jefferson County, Washington
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide 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, in a nutshell, this is the annual process.
Below, you can compare Port Ludlow's effective property tax rate to other cities in Washington and the median property tax rates in Washington and the U.S.
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 Port Ludlow Tax Rate
0.79%
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 Jefferson County Tax Rate
0.83%
Median Effective Washington Tax Rate
0.92%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Port Ludlow, Jefferson County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98365 | 0.78% | 0.79% | 0.79% | 0.80% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Port Ludlow, Jefferson County, Washington
When examining property taxes in Port Ludlow, Washington, 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 Jefferson County assessor 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.
Assessment notices:
In Jefferson County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Port Ludlow.
For example, the median home price in Port Ludlow is $544,526, with tax bills ranging significantly across the county. 98365 has the highest median home price at $544,526.
Property Tax Assessment Values Across Port Ludlow, Jefferson County, Washington
Source: Ownwell
$70,538
$325,221
$579,903
Median Port Ludlow Market Value
$544,526
Median Jefferson County Market Value
$435,843
Median Washington Market Value
$501,600
Median United States Market Value
$274,101
Property Tax Assessment Values Across Port Ludlow, Jefferson County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98365 | $281,660 | $415,520 | $544,526 | $685,588 | $902,274 |
Source: Ownwell
Property Tax Bills Across Port Ludlow, Jefferson County, Washington
Property tax bills in Port Ludlow are calculated by applying the local tax rate to a home’s assessed market value. The assessed value is set by the county and is based on the property’s characteristics, location, and recent market conditions. For homeowners, that means a higher assessed value can lead to a higher tax bill, even if the home has not been sold.
In Jefferson County, the median home price is $544,526, and the median property tax bill is $4,288. That is above the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%. Tax bills can vary widely, with the 25th percentile at $3,238, the 75th percentile at $5,400, and the 90th percentile at $7,088. For homeowners, these differences can have a real impact on annual housing costs and overall affordability.
Median Port Ludlow Tax Bill
$4,288
Median Jefferson County Tax Bill
$3,575
Median Washington Tax Bill
$4,512
Median United States Tax Bill
$3,209
Property Tax Bills Across Port Ludlow, Jefferson County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98365 | $1,973 | $3,238 | $4,288 | $5,400 | $7,088 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Jefferson Tax Assessor | |
| Website | trueweb.jeffcowa.us |