98012 Property Tax Rate

Property owners in ZIP code 98012 (Bothell, Washington) pay a median of $6,625/year in property taxes on homes valued at $811,500. This translates to an effective tax rate of 0.82%, which is 7% above the Washington state average of 0.77%.

The monthly property tax burden for a median-valued home in 98012 is approximately $552, which factors into escrow payments on mortgages. This ZIP code is located within Snohomish County. This is $3,033 more than the Washington average of $3,592/year.

Compared to similar ZIP codes in Washington, 98012 has higher property taxes. ZIP codes with similar effective rates include 99036 (0.82%) and 98037 (0.82%).

In Bothell, property taxes represent approximately 4.7% of the median household income of $141,653, providing context for the relative tax burden on homeowners in this area.

Washington does not cap property tax increases; Snohomish County Assessor revalues your home at sale to current market value with no state limit on assessment growth. Snohomish County residents age 61+ or disabled with income below the state threshold (roughly $40,000–$45,000) may qualify for the Senior/Disabled Property Tax Exemption — contact the county assessor's office or visit snohomishcounty.us to apply. File your exemption application with the Snohomish County Assessor by March 31 of the year you wish the exemption to take effect to secure immediate tax relief.