What to Know About Property Taxes in Clark County Before You Buy

Buying a home in Clark County, Washington, is an exciting step, but before you fall in love with that perfect house, it’s important to understand how property taxes work here. Let’s break down the essentials so you can plan your budget with confidence!

How Property Taxes Are Calculated

Clark County determines property taxes based on the assessed value of your home and the local tax rate. The county assessor evaluates your property’s value each year, and then local levies—like schools, roads, and emergency services—help set the final tax bill. The more valuable your home, the higher your property taxes will be.

What’s the Average Bill?

For most Clark County homeowners, property taxes typically range from 1% to 1.3% of a home’s assessed value each year. For example, if you purchase a home assessed at $500,000, you can expect to pay between $5,000 and $6,500 annually. It’s a good idea to check the latest rates, as they can vary by city and school district.

When Are Taxes Due?

Property taxes in Clark County are paid in two installments: the first half is due by April 30, and the second by October 31. Mark your calendar so you don’t miss these important dates—late payments may result in penalties or interest charges.

Exemptions and Relief Programs

Good news for some buyers: Clark County offers exemptions and relief programs for seniors, people with disabilities, and veterans. Qualifying can lower your annual bill significantly. If you think you might be eligible, be sure to ask your real estate agent or check with the county assessor’s office.

Budgeting Tips

• Always factor property taxes into your monthly housing costs.
• Ask for the current tax amount on any home you’re considering.
• Remember that taxes can change as property values rise or as local levies are approved.

Bottom Line

Understanding property taxes in Clark County will help you avoid surprises and make a smart financial decision. If you have questions or want a personalized estimate for a specific property, reach out—having the right information makes all the difference when buying your next home!