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The original item was published from 2/8/2023 3:24:00 PM to 2/8/2023 3:28:03 PM.

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Snohomish County News

Posted on: February 8, 2023

[ARCHIVED] 2023 Property Tax Information

Press Release

For Immediate Release:

Date: February 6, 2023


2023 Property Tax Information


EVERETT – The Snohomish County Assessor’s Office is responsible for annually updating the assessed values for all locally assessed real and personal property in Snohomish County and calculating the levy rates for all taxing districts for property tax purposes.


The January 1, 2022 revaluation assessment date values (or July 31, 2022 for new construction) are set using sales that occurred prior to those dates and are used to determine the amount of taxes owed in 2023.


Snohomish County voters continued to show their support for some of the taxing districts that requested approval of tax increases in 2022. Those increases will appear on 2023 property tax statements.


Voters approved 23 of 36 monetary property tax measures on the ballot in 2022:

  • 1 was approved for fire district levy;
  • 3 were approved for fire districts EMS levies; and
  • 19 were approved for school districts levies.


The levy rates calculated for individual taxing districts generally decreased as a result of higher assessed values. However, levy rates did increase for voter-approved measures impacting the total levy rate. The typical levy rate in 2022 was $9.3017 per thousand dollars of assessed value, while the 2023 typical levy rate decreased to $7.6109.


The total taxable assessed value increased from $170 billion in 2022 to $219 billion in 2023 for tax purposes.


Changes to tax amounts varied drastically depending on what taxing district properties lie in. In the Marysville area, residential values increased an average of 27%, however taxes are decreasing an average of 25% primarily due to two local school levies expiring and not replaced.


For the Mill Creek area, residential property owners will see an increase of approximately 30% primarily due to the added costs for fire services from the City of Mill Creek annexing to the South County Regional Fire Authority and multiple Everett School District levies passing increasing support to the schools by 30%.


According to the County Treasurer’s Office, mailing of tax statements will begin in the middle of February. Property tax payment information for 2023 is also available on-line at the Treasurer’s Office website: https://www.snohomishcountywa.gov/Treasurer


A report showing the tax and assessed value average changes for the typical residence by city, unincorporated Snohomish County and countywide is an attachment to this press release.


Property taxes to be collected this year by all taxing districts in Snohomish County will show an overall 5.45% increase over last year. Property taxes for all purposes will total $1.669 billion in 2023, up $86.2 million over 2022’s $1.583 billion that was levied for all taxing districts.


For more information on how property tax levies are calculated, visit the Assessor’s website at: https://www.snohomishcountywa.gov/333/Levy


Property tax relief is available for limited income senior citizens/people with disabilities. Legislation was passed in 2019 that provided changes to the program beginning in 2020 increasing the amount of disposable income you can have and qualify.


For the 2023 property tax year, the disposable income threshold for Snohomish County residents participating in and applying for the Senior Citizens/People with Disabilities Exemption program is $55,743. Participants are required to reside in their principle residence located in this county for 6 months per calendar year to qualify for 2023 tax relief.


The State Legislature passed SHB1438 in 2021 which also expanded eligibility for the exemption program in 2022, by allowing deductions for common health care related items. Newly deductible costs can include but are not limited to the costs of Medicare supplemental insurance, durable medical equipment, mobility enhancing equipment, prosthetic devices and naturopathic medicines.


There are several tax relief programs available that are administered by the Assessor’s office. Information about the programs can be found on the back side of the property tax statements or by visiting the Assessor’s office website at: https://www.snohomishcountywa.gov/Assessor



Attachments:

Assessed Value and Taxes by City Property Tax Distribution Pie Chart


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Contacts:

Linda Hjelle, Assessor, Phone: 425-388-3678

Email: Linda.Hjelle@snoco.org

Laura Washabaugh, Chief Deputy Assessor, Phone: 425-388-3446
Email: Laura.Washabaugh@snoco.org

Chris Huyboom, Levy Comptroller, Phone 425-388-3646
Email: Christoff.Huyboom@snoco.org



Assessed Value and Taxes By City - Typical Residence in 2022 and 2023

Snohomish County Distribution of 2023 Taxes

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