Property Taxes in Underwood, Washington
Median Underwood, Washington effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, and lower than the Washington state median of 0.92%.
Median Underwood, Washington home value: $577,100
Median annual Underwood, Washington tax bill: $4,741, $2,341 higher than the national median property tax bill of $2,400.
How are property taxes in Skamania calculated?
Property taxes in Underwood, 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 Underwood's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Underwood, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Underwood Property Tax Calculator Work?
Use this Underwood property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Underwood's median effective tax rate of 0.83% — based on actual property records in Skamania County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Underwood'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 Underwood: rates range from 0.83% in 98651 to 0.83% in 98651, 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 Underwood.
About Underwood Property Taxes
About Property Taxes in Underwood, Skamania, Washington
Underwood’s median effective property tax rate of 0.83% is lower than the Washington state median of 0.92% and lower than the national median of 1.02%. This rate reflects the Skamania 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 Underwood. Homeowners in the 98651 ZIP code carry a median effective rate of 0.83%, while those in the same ZIP code pay 0.83%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Skamania County. Understanding which part of Underwood you live in can make a meaningful difference to your annual tax bill.
Underwood homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the July 1, 2026 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 Underwood, Skamania 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 Underwood'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 Underwood Tax Rate
0.83%
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 Skamania County Tax Rate
0.84%
Median Effective Washington Tax Rate
0.92%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Underwood, Skamania County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98651 | 0.83% | 0.83% | 0.83% | 0.83% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Underwood, Skamania County, Washington
When examining property taxes in Underwood, 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 Skamania 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 Skamania 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 Underwood.
For example, the median home price in Underwood is $577,100, with tax bills ranging significantly across the county. 98651 has the highest median home price at $577,100.
Property Tax Assessment Values Across Underwood, Skamania County, Washington
Source: Ownwell
$193,800
$385,450
$577,100
Median Underwood Market Value
$577,100
Median Skamania County Market Value
$362,600
Median Washington Market Value
$501,600
Median United States Market Value
$274,101
Property Tax Assessment Values Across Underwood, Skamania County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98651 | $288,500 | $413,600 | $577,100 | $773,050 | $1,011,400 |
Source: Ownwell
Property Tax Bills Across Underwood, Skamania County, Washington
Property tax bills in Underwood are calculated by applying the local tax rate to a home’s assessed value, which is based on market conditions and other property characteristics. For homeowners in this part of Skamania County, the median home price is $577,100, so even small changes in assessed value can affect the final bill.
The amount owed depends on the taxing districts that apply to the property, such as county, city, and school levies. Homes with higher assessed values generally face higher tax bills, while properties with lower assessed values pay less. In Underwood, the median property tax bill is $4,741, which is above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Tax bills can have a meaningful impact on homeowners by increasing annual housing costs and affecting affordability. For many residents, especially those with rising home values, understanding how the bill is calculated is important for managing long-term expenses.
Median Underwood Tax Bill
$4,741
Median Skamania County Tax Bill
$3,032
Median Washington Tax Bill
$4,512
Median United States Tax Bill
$3,209
Property Tax Bills Across Underwood, Skamania County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98651 | $1,710 | $3,187 | $4,741 | $6,399 | $8,399 |
Source: Ownwell
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 | |
|---|---|
| Skamania Tax Assessor | |
| Website | skamaniawa-taxsifter.publicaccessnow.com |