Example of Stevens County Property Tax Calculation
Stevens County calculates property taxes based on the assessed value of a property. Let's say a property in Stevens County has an assessed value of $200,000. The county's property tax rate is 1%, so the property owner would owe $2,000 in property taxes for the year. This tax amount can be paid in full or split into installments throughout the year. It's important to note that property tax rates and assessed values can vary from year to year, so it's always a good idea to check with the county assessor's office for the most up-to-date information.
If you want appeal your property tax assessment - contact your local tax assessor.
Stevens County Property Tax Rates
The table below displays the Stevens County Property Tax rates in USD per $100 of assessed value:
| Tax | Rate per $100 Assessed Value |
|---|---|
| County | $1.22 |
| City | $0.60 - $3.06 (varies by city) |
| School District | $2.28 - $3.26 (varies by district) |
Note: The rates listed are current as of the time of writing and are subject to change. It is advisable to consult with a local tax professional for the most accurate and up-to-date information.
Who sets property tax rates in Stevens County ?
Property Tax Rates in Stevens County
Who sets the rates?
Local governments within Stevens County set the property tax rates. This includes the county, cities, school districts, and other special districts.
When are the rates set?
The property tax rates are set annually, typically in the fall. The local governments determine the amount of revenue they need to fund their budgets and then calculate the rates necessary to generate that revenue.
It's important to note that property tax rates can vary depending on where the property is located within Stevens County. Rates can also change from year to year based on the needs of the local governments.
If you have questions about property tax rates in Stevens County, it's recommended to reach out to your local government or a tax advisor.
Homestead exemptions in Stevens County ?
To explain the various exemptions and deductions in Stevens County, Washington, we will create a table with columns for Exemption, Eligibility, Amount, and Notes. This will help readers understand the different options available to them when it comes to homestead exemptions in this county.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Basic Exemption | All homeowners | $50,000 | Automatically applied to assessed value of property. |
| Senior Citizen and Disabled Persons Exemption | Homeowners who are at least 61 years old, or who are disabled | Up to $60,000 | Must apply and meet certain income requirements. |
| Veterans Exemption | Veterans who are honorably discharged and own less than $35,000 in property | Up to $5,000 | Must apply and provide proof of service. |
| Additional Exemption | Homeowners who make less than $40,000 annually | Up to $10,000 | Must apply and provide proof of income. |
| Open Space Land Deduction | Property owners who use their land for agricultural, horticultural, or conservation purposes | Varies based on size and use | Must apply and meet certain requirements for land use. |
It's important to note that while these exemptions and deductions can provide significant savings on property taxes, homeowners must apply and meet certain eligibility requirements. Additionally, the amounts listed in the table may change based on changes in state or county laws. Homeowners should always consult with local tax authorities for the most up-to-date information on homestead exemptions and deductions.
When is Stevens County Property Tax due ?
Stevens County Property Tax is typically due on April 30th every year. There are several payment methods available to the property owners as mentioned below:
| Payment Method | Description |
|---|---|
| Property owners can mail their payment to the county treasurer's office using a check or money order. | |
| Online | Property owners can pay their taxes online through the Stevens County website using their credit/debit card or e-check. |
| In-person | Property owners can also pay their taxes in person at the county treasurer's office with cash, check, or money order. |
It is important to note that if the property owner fails to pay their taxes by the due date, they may incur penalties and interest. Therefore, it is recommended to pay the property taxes on time using one of the available payment methods.
If you have more questions - contact your local tax collector.
How is Stevens County Property Tax penalty calculated ?
Stevens County Property Tax Penalty Calculation
If a property owner fails to pay their property taxes on time in Stevens County, they will be assessed a penalty. The penalty is determined based on a percentage of the unpaid taxes and the length of time they have been delinquent.
Here is an example scenario:
- Property taxes are due on April 30th, and the total amount due is $2,000
- The property owner does not pay on time and misses the deadline
- On May 1st, a penalty of 4% is added to the unpaid taxes, which equals $80 ($2,000 x 0.04)
- If the property owner still does not pay by June 1st, an additional penalty of 1% per month is added to the unpaid taxes. So, in this example, an additional $20 penalty would be added for June.
The table below shows the penalty percentages and timelines for delinquent property taxes in Stevens County:
| Time Delinquent | Penalty Percentage |
|---|---|
| 1-30 days | 4% |
| 31-60 days | 6% |
| 61-90 days | 8% |
| 91 or more days | 12% |
It is important to note that if the property taxes remain unpaid, the county may initiate foreclosure proceedings. Property owners should make a diligent effort to pay their property taxes on time to avoid penalties and potential legal action.
We recommend contacting the Stevens County Tax Office or a local tax professional for the most up-to-date and accurate information.