Property Taxes in Spokane Valley, Washington
Median Spokane Valley, Washington effective property tax rate: 1.00%, significantly lower than the national median of 1.02%, and higher than the Washington state median of 0.92%.
Median Spokane Valley, Washington home value: $361,600
Median annual Spokane Valley, Washington tax bill: $3,624, $1,224 higher than the national median property tax bill of $2,400.
How are property taxes in Spokane County calculated?
Property taxes in Spokane Valley, 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 Spokane Valley's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Spokane Valley, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Spokane Valley Property Tax Calculator Work?
Use this Spokane Valley property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Spokane Valley's median effective tax rate of 1.00% — based on actual property records in Spokane 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 Spokane Valley'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 Spokane Valley: rates range from $1,381.00 in 99027 to $4,005.00 in 99037, primarily due to differences in school district levies and local assessment districts.
Spokane Valley's median effective tax rate is higher than Washington's 0.92% state median, but the city's median tax bill of $3,624 is $1,224 higher than the state median bill. If your estimate is higher than expected, Ownwell can appeal your Spokane Valley assessment — you only pay if we save you money.
About Spokane Valley Property Taxes
About Property Taxes in Spokane Valley, Spokane, Washington
Spokane Valley’s median effective property tax rate of 1.00% is lower than the Washington state median of 0.92% and higher than the national median of 1.02%. This rate reflects the Spokane 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 Spokane Valley. Homeowners in the 99212 ZIP code carry a median effective rate of 1.09%, while those in 99027 pay 0.94%. This spread — 0.15 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Spokane County. Understanding which part of Spokane Valley you live in can make a meaningful difference to your annual tax bill.
Spokane Valley homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the July 2, 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 Spokane Valley, Spokane 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 Spokane Valley'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 Spokane Valley Tax Rate
1.00%
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 County Tax Rate
0.95%
Median Effective Washington Tax Rate
0.92%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Spokane Valley, Spokane County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99016 | 0.68% | 0.95% | 1.01% | 1.04% | 1.07% |
| 99027 | 0.25% | 0.70% | 0.94% | 1.00% | 1.04% |
| 99037 | 0.87% | 0.94% | 0.97% | 1.01% | 1.05% |
| 99206 | 0.84% | 0.94% | 0.97% | 1.03% | 1.08% |
| 99212 | 0.93% | 1.01% | 1.09% | 1.19% | 1.26% |
| 99216 | 0.86% | 0.95% | 0.99% | 1.03% | 1.06% |
| 99208 | N/A | N/A | N/A | N/A | N/A |
| 99223 | 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 Spokane Valley, Spokane County, Washington
When examining property taxes in Spokane Valley, 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. Spokane 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 are sent in May each year, and property owners typically receive them by the middle of the month. Each notice includes both market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Spokane Valley is $361,600, with a median tax bill of $3,624. That is above the national median property tax bill of $2,400 and reflects the range of tax bills across Spokane County.
Property Tax Assessment Values Across Spokane Valley, Spokane County, Washington
Source: Ownwell
$131,550
$370,775
$610,000
Median Spokane Valley Market Value
$361,600
Median Spokane County Market Value
$370,100
Median Washington Market Value
$501,600
Median United States Market Value
$274,101
Property Tax Assessment Values Across Spokane Valley, Spokane County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99016 | $163,760 | $291,950 | $383,600 | $476,350 | $622,020 |
| 99027 | $12,500 | $44,750 | $162,900 | $280,700 | $416,100 |
| 99037 | $298,660 | $351,825 | $411,200 | $493,425 | $590,770 |
| 99206 | $253,730 | $313,400 | $369,500 | $437,300 | $511,100 |
| 99212 | $180,580 | $253,025 | $310,875 | $369,100 | $451,810 |
| 99216 | $269,376 | $313,550 | $359,200 | $408,400 | $469,200 |
| 99208 | N/A | N/A | N/A | N/A | N/A |
| 99223 | 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 Spokane Valley, Spokane County, Washington
Property tax bills in Spokane Valley are calculated by multiplying the home’s assessed value by the local tax rate, then applying any exemptions or special levies. The assessed value is based on the market value of the property, so changes in the local housing market can affect what homeowners owe. For a home with a median home price of $361,600, the tax bill can vary widely depending on the neighborhood and specific taxing district.
For many homeowners, the bill is a major annual expense. The 25th percentile tax bill is $2,935, while the 75th percentile is $4,334 and the 90th percentile reaches $5,203. That means many Spokane Valley homeowners pay more than the national median property tax bill of $2,400.
Ownwell helps homeowners lower their property tax bills by reviewing assessments for errors, identifying savings opportunities, and filing appeals when a property is overassessed. If your assessed value is too high, Ownwell can help you challenge it and potentially reduce what you pay each year.
Property Tax Bills Across Spokane Valley, Spokane County, Washington
Source: Ownwell
$1,043
$3,514
$5,985
Median Spokane Valley Tax Bill
$3,624
Median Spokane County Tax Bill
$3,501
Median Washington Tax Bill
$4,512
Median United States Tax Bill
$3,209
Property Tax Bills Across Spokane Valley, Spokane County, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 99016 | $958 | $2,826 | $3,935 | $4,766 | $6,004 |
| 99027 | $86 | $306 | $1,381 | $2,687 | $4,054 |
| 99037 | $2,594 | $3,350 | $4,005 | $4,840 | $5,670 |
| 99206 | $1,815 | $2,972 | $3,621 | $4,343 | $5,119 |
| 99212 | $709 | $2,657 | $3,445 | $4,130 | $4,996 |
| 99216 | $2,060 | $3,018 | $3,515 | $4,047 | $4,617 |
| 99208 | N/A | N/A | N/A | N/A | N/A |
| 99223 | 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 | |
|---|---|
| Spokane Tax Assessor | |
| Phone | (509) 477-3698 |
| Website | cp.spokanecounty.org |