Property Taxes in Raymond, Washington
Median Raymond, 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 Raymond, Washington home value: $256,900
Median annual Raymond, Washington tax bill: $1,798, $602 lower than the national median property tax bill of $2,400.
How are property taxes in Pacific calculated?
Property taxes in Raymond, 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 Raymond's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Raymond, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Raymond Property Tax Calculator Work?
Use this Raymond property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Raymond's median effective tax rate of 0.73% — based on actual property records in Pacific County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Raymond's median effective rate across local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Raymond: rates range from 0.73% in 98577 to 0.73% in 98577, 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 Raymond.
About Raymond Property Taxes
About Property Taxes in Raymond, Pacific, Washington
Raymond’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 Pacific County levy combined with local school district levies and local improvement districts that can vary by subdivision throughout the city.
Property tax rates are not uniform across Raymond. Homeowners in ZIP code 98577 carry a median effective rate of 0.73%, and the same ZIP code also shows the city’s median home price of $256,900 and median tax bill of $1,798. That consistency reflects how local taxing districts are drawn across Pacific County, and it can still affect what you owe each year.
Raymond homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the July 1, 2026 deadline each year.
If your estimated bill 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 Raymond, Pacific 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 Raymond'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 Raymond 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 Pacific County Tax Rate
0.72%
Median Effective Washington Tax Rate
0.92%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Raymond, Pacific County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98577 | 0.61% | 0.71% | 0.73% | 0.74% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Raymond, Pacific County, Washington
When examining property taxes in Raymond, 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. Pacific County 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 Pacific County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 Raymond.
For example, the median home price in Raymond is $256,900, with tax bills ranging significantly across the county. 98577 has the highest median home price at $256,900.
Property Tax Assessment Values Across Raymond, Pacific County, Washington
Source: Ownwell
$178,400
$265,975
$353,550
Median Raymond Market Value
$256,900
Median Pacific County Market Value
$235,200
Median Washington Market Value
$501,600
Median United States Market Value
$274,101
Property Tax Assessment Values Across Raymond, Pacific County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98577 | $111,940 | $181,800 | $256,900 | $343,550 | $472,120 |
Source: Ownwell
Property Tax Bills Across Raymond, Pacific County, Washington
How are property tax bills calculated in Raymond?
Property tax bills in Raymond are based on the assessed value of a home and the local tax rate set by taxing authorities. The assessed value is compared with the market value of the property, and that figure is used to determine how much tax a homeowner owes. For a home with a median value of $256,900, the bill can vary widely depending on exemptions, local levies, and changes in assessed value.
What factors affect the bill?
In Raymond, the 25th percentile tax bill is $1,134, while the 75th percentile tax bill is $2,454 and the 90th percentile tax bill is $3,378. The median tax bill in ZIP code 98577 is $1,798, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Higher assessed values or local tax rates can increase the bill, making property taxes a major ongoing cost for homeowners.
Median Raymond Tax Bill
$1,798
Median Pacific County Tax Bill
$1,578
Median Washington Tax Bill
$4,512
Median United States Tax Bill
$3,209
Property Tax Bills Across Raymond, Pacific County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98577 | $327 | $1,134 | $1,798 | $2,454 | $3,378 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Pacific Tax Assessor | |
| Website | pacificwa-taxsifter.publicaccessnow.com |