What is the average property tax rate in my state?

The average property tax rate in Washington is 1.07%. Property taxes are calculated by multiplying the assessed value of a property with the tax rate. The assessed value of a property is determined by the county assessor in which the property is located, and the tax rate is determined by local taxing districts. Property taxes are one of the primary sources of revenue for local government in Washington, and are used for public services such as public schools, police and fire services, and road maintenance. The average property tax rate in Washington has remained the same for the past several years. In 2019, the median property tax rate in Washington was 1.12%. This rate is lower than the national average property tax rate of 1.19%. Property taxes can be paid in one lump sum or in annual installments. The due date for property taxes in Washington is April 30th of each year. Homeowners who cannot afford to pay their property taxes may be able to apply for a deferment. It is important to stay informed on the property tax rate in your area to ensure that you are paying the correct amount. Property taxes can be paid online or by mail, and failure to pay property taxes on time can result in penalties or legal action.

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