Property Taxes in Bellevue, Washington
Median Bellevue, Washington effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, and lower than the Washington state median of 0.92%.
Median Bellevue, Washington home value: $1,345,000
Median annual Bellevue, Washington tax bill: $9,917, $7,517 higher than the national median property tax bill of $2,400.
How are property taxes in King calculated?
Property taxes in Bellevue, 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 Bellevue's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bellevue, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Bellevue Property Tax Calculator Work?
Use this Bellevue property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Bellevue's median effective tax rate of 0.73% — based on actual property records in King 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 Bellevue'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 Bellevue: rates range from $7,323 in 98007 to $11,506 in 98004, primarily due to differences in school district levies and local assessment districts. Bellevue’s median effective tax rate is lower than the Washington state median of 0.92%, and the median tax bill of $9,917 is also lower than the state median tax bill by $7,517.
If your estimate is higher than expected, Ownwell can appeal your Bellevue assessment — you only pay if we save you money.
About Bellevue Property Taxes
About Property Taxes in Bellevue, King, Washington
Bellevue's median effective property tax rate of 0.73% is lower than the Washington state median of 0.92% and lower than the national median of 1.02%. This rate reflects the King 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 Bellevue. Homeowners in the 98006 ZIP code carry a median effective rate of 0.74%, while those in 98004 pay 0.73%. This spread — 0.01 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across King County. Understanding which part of Bellevue you live in can make a meaningful difference to your annual tax bill.
Bellevue homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the July deadline each year.
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 Bellevue, King 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 Bellevue'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 Bellevue Tax Rate
0.73%
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 King County Tax Rate
0.99%
Median Effective Washington Tax Rate
0.92%
Median Effective United States Tax Rate
1.27%
Bellevue, Washington vs Similar Washington Cities
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 Seattle Tax Rate
0.98%
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 Spokane Tax Rate
0.96%
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 Tacoma Tax Rate
1.05%
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 Vancouver Tax Rate
0.99%
Property Tax Rates Across Bellevue, King County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98004 | 0.73% | 0.73% | 0.73% | 0.74% | 0.74% |
| 98005 | 0.73% | 0.73% | 0.73% | 0.74% | 0.74% |
| 98006 | 0.73% | 0.73% | 0.74% | 0.85% | 0.86% |
| 98007 | 0.73% | 0.73% | 0.73% | 0.74% | 0.74% |
| 98008 | 0.73% | 0.73% | 0.73% | 0.73% | 0.73% |
| 98000 | N/A | N/A | N/A | N/A | N/A |
| 98033 | N/A | N/A | N/A | N/A | N/A |
| 98115 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Assessment Values Across Bellevue, King County, Washington
When examining property taxes in Bellevue, 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 King County assessment 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.
Assessment notices:
In King County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of July.
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. For context, Bellevue’s median home price is $1,345,000, and the median tax bill is $9,917, well above the national median property tax bill of $2,400. Tax bills range significantly across the county, with 98004 showing the highest median home price at $1,595,500.
Property Tax Assessment Values Across Bellevue, King County, Washington
Source: Ownwell
$275,000
$3,858,750
$7,442,500
Median Bellevue Market Value
$1,345,000
Median King County Market Value
$774,000
Median Washington Market Value
$501,600
Median United States Market Value
$274,101
Bellevue, Washington vs Similar Washington Cities
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 Seattle Market Value
$786,000
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 Spokane Market Value
$355,500
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 Tacoma Market Value
$456,700
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 Vancouver Market Value
$450,676
Property Tax Assessment Values Across Bellevue, King County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98004 | $476,000 | $745,000 | $1,595,500 | $2,531,500 | $3,853,800 |
| 98005 | $464,000 | $769,500 | $1,414,000 | $1,854,000 | $2,523,000 |
| 98006 | $754,000 | $1,140,000 | $1,479,000 | $1,865,750 | $2,375,700 |
| 98007 | $361,000 | $484,000 | $1,022,000 | $1,329,000 | $1,807,000 |
| 98008 | $781,000 | $1,023,000 | $1,230,500 | $1,532,000 | $2,145,100 |
| 98000 | N/A | N/A | N/A | N/A | N/A |
| 98033 | N/A | N/A | N/A | N/A | N/A |
| 98115 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Property Tax Bills Across Bellevue, King County, Washington
Property tax bills in Bellevue are based on the assessed value of a home and the local tax rate set by taxing authorities. For a home with a median home price of $1,345,000, the bill can vary widely depending on location, exemptions, and how the property is assessed. In King County, the 25th percentile tax bill is $6,744, while the 75th percentile tax bill is $13,887 and the 90th percentile reaches $19,514. That means homeowners with similar homes can still see very different property tax bills.
The highest median tax bill is $11,506 in ZIP code 98004, while the lowest median tax bill is $7,323 in ZIP code 98007. These differences show how much property taxes can affect monthly housing costs and long-term affordability.
Ownwell helps homeowners lower property tax bills by reviewing assessments, identifying potential savings, and filing appeals when a home is overassessed.
Median Bellevue Tax Bill
$9,917
Median King County Tax Bill
$7,644
Median Washington Tax Bill
$4,512
Median United States Tax Bill
$3,209
Bellevue, Washington vs Similar Washington Cities
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 Seattle Tax Bill
$7,773
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 Spokane Tax Bill
$3,374
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 Tacoma Tax Bill
$4,739
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 Vancouver Tax Bill
$4,406
Property Tax Bills Across Bellevue, King County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98004 | $3,406 | $5,250 | $11,506 | $18,312 | $28,092 |
| 98005 | $3,103 | $5,147 | $10,239 | $13,528 | $18,540 |
| 98006 | $4,027 | $8,796 | $11,125 | $14,775 | $18,695 |
| 98007 | $2,503 | $3,279 | $7,323 | $9,638 | $13,307 |
| 98008 | $4,114 | $7,287 | $8,957 | $11,235 | $15,805 |
| 98000 | N/A | N/A | N/A | N/A | N/A |
| 98033 | N/A | N/A | N/A | N/A | N/A |
| 98115 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Save on Your Property Taxes and More With Ownwell
$774
Average Annual Tax Savings
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| King Tax Assessor | |
| Phone | (206) 296-7300 |
| Website | blue.kingcounty.com |
| assessor.info@kingcounty.gov | |