98014 Property Tax Rate

Property owners in ZIP code 98014 (Carnation, Washington) pay a median of $7,269/year in property taxes on homes valued at $849,500. This translates to an effective tax rate of 0.86%, which is 12% above the Washington state average of 0.77%.

The monthly property tax burden for a median-valued home in 98014 is approximately $606, which factors into escrow payments on mortgages. This ZIP code is located within King County. This is $3,677 more than the Washington average of $3,592/year.

Compared to similar ZIP codes in Washington, 98014 has lower property taxes. ZIP codes with similar effective rates include 98354 (0.86%) and 98606 (0.86%).

In Carnation, property taxes represent approximately 4.6% of the median household income of $157,680, providing context for the relative tax burden on homeowners in this area.

Washington has no state property tax; King County Assessor assesses at market value with no annual growth cap, and your home resets to full fair market value at sale. King County offers the Senior/Disabled Property Tax Exemption for qualifying low-income homeowners and renters — eligibility requires age 61+ or disability with household income under the state limit (approximately $40,000–$45,000 depending on assets). Contact the King County Assessor's Exemptions Unit or visit the county website immediately after purchase to apply for any senior or disability relief; the deadline to file for the current tax year is typically March 31.