98273 Property Tax Rate

Property owners in ZIP code 98273 (Mount Vernon, Washington) pay a median of $3,974/year in property taxes on homes valued at $448,300. This translates to an effective tax rate of 0.89%, which is 16% above the Washington state average of 0.77%.

The monthly property tax burden for a median-valued home in 98273 is approximately $331, which factors into escrow payments on mortgages. This ZIP code is located within Skagit County. This is $382 more than the Washington average of $3,592/year.

Compared to similar ZIP codes in Washington, 98273 has lower property taxes. ZIP codes with similar effective rates include 98121 (0.89%) and 98072 (0.89%).

In Mount Vernon, property taxes represent approximately 5.4% of the median household income of $74,247, 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.