98235 Property Tax Rate

Property owners in ZIP code 98235 (Clearlake, Washington) pay a median of $4,125/year in property taxes on homes valued at $502,900. 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 98235 is approximately $344, which factors into escrow payments on mortgages. This ZIP code is located within Skagit County. This is $533 more than the Washington average of $3,592/year.

Compared to similar ZIP codes in Washington, 98235 has higher property taxes. ZIP codes with similar effective rates include 98564 (0.82%) and 98383 (0.82%).

In Clearlake, property taxes represent approximately 6.9% of the median household income of $60,082, providing context for the relative tax burden on homeowners in this area.

Washington imposes no property tax cap; Skagit County Assessor reassesses at market value when you buy, and your assessed value may increase annually without limit. Skagit County residents age 61+ or disabled persons with household income below the state threshold (approximately $40,000–$45,000) may apply for the Senior/Disabled Property Tax Exemption to lower taxable value. File your exemption application with the Skagit County Assessor by March 31 to secure the tax reduction; if you miss the deadline, the exemption will not apply until the following year.