98331 Property Tax Rate

Property owners in ZIP code 98331 (Forks, Washington) pay a median of $1,376/year in property taxes on homes valued at $194,700. This translates to an effective tax rate of 0.71%, which is 8% below the Washington state average of 0.77%.

The monthly property tax burden for a median-valued home in 98331 is approximately $115, which factors into escrow payments on mortgages. This ZIP code is located within Jefferson County. This is $2,216 less than the Washington average of $3,592/year.

Compared to similar ZIP codes in Washington, 98331 has higher property taxes. ZIP codes with similar effective rates include 99109 (0.71%) and 99111 (0.70%).

In Forks, property taxes represent approximately 2.8% of the median household income of $48,313, providing context for the relative tax burden on homeowners in this area.

Washington reassesses property at market value upon sale with no statewide cap on annual increases; Jefferson County Assessor will establish your assessed value at your purchase price. Jefferson County qualifies seniors (61+) and disabled homeowners with household income near the state threshold (approximately $40,000–$45,000) for the Senior/Disabled Property Tax Exemption, which reduces taxable assessed value. File your exemption application with the Jefferson County Assessor by March 31 to secure the tax benefit; applications received after the deadline will be processed for the following tax year.