98337 Property Tax Rate

Property owners in ZIP code 98337 (Bremerton, Washington) pay a median of $2,643/year in property taxes on homes valued at $386,700. This translates to an effective tax rate of 0.68%, which is 11% below the Washington state average of 0.77%.

The monthly property tax burden for a median-valued home in 98337 is approximately $220, which factors into escrow payments on mortgages. This ZIP code is located within Kitsap County. This is $949 less than the Washington average of $3,592/year.

Compared to similar ZIP codes in Washington, 98337 has higher property taxes. ZIP codes with similar effective rates include 98610 (0.68%) and 99156 (0.68%).

In Bremerton, property taxes represent approximately 3.6% of the median household income of $73,363, providing context for the relative tax burden on homeowners in this area.

Washington has no property tax growth cap; Kitsap County Assessor will revalue your home to market value at purchase with potential for significant annual increases. Kitsap County qualifies eligible seniors (61+) and disabled residents with household income below state limits (approximately $40,000–$45,000) for the Senior/Disabled Property Tax Exemption — this exemption substantially reduces taxable assessed value. Apply to the Kitsap County Assessor's office immediately upon closing, with the March 31 deadline to file ensuring you receive the exemption for the current tax year.