98282 Property Tax Rate

Property owners in ZIP code 98282 (Camano Island, Washington) pay a median of $4,161/year in property taxes on homes valued at $600,300. This translates to an effective tax rate of 0.69%, which is 9% below the Washington state average of 0.77%.

The monthly property tax burden for a median-valued home in 98282 is approximately $347, which factors into escrow payments on mortgages. This ZIP code is located within Island County. This is $569 more than the Washington average of $3,592/year.

Compared to similar ZIP codes in Washington, 98282 has lower property taxes. ZIP codes with similar effective rates include 99130 (0.69%) and 98830 (0.69%).

In Camano Island, property taxes represent approximately 4.2% of the median household income of $100,124, providing context for the relative tax burden on homeowners in this area.

Washington imposes no annual property tax cap; Island County Assessor reassesses your property to market value at purchase with potential for large increases each year. Island County offers the Senior/Disabled Property Tax Exemption for homeowners 61+ or disabled persons meeting income limits (state threshold approximately $40,000–$45,000) — this substantially reduces your tax bill if you qualify. Contact the Island County Assessor immediately after closing to apply for the exemption; submit your application by the March 31 annual deadline.