98862 Property Tax Rate
Winthrop, Washington · Part of Okanogan County
Effective Tax Rate
0.70%
35.2% above state avgMedian Annual Tax
$4,855
$405/mo escrow
Estimate Your Tax
Annual Tax
$4,855
Monthly
$405
Eff. Rate
0.70%
Buyer decision brief
What ZIP 98862 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$405/mo
Based on median annual tax paid
State context
0.07 percentage points below the Washington average
Washington average: 0.77%
Data confidence
High confidenceThe Census margin of error is $719, about 15% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Okanogan County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 98862 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$719 tax MOE, 15% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
Okanogan County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 98862
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $694,800, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.70%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on Washington and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $405 per month before insurance, HOA dues, or special assessments.
Assessor verification
Okanogan County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 98862 Compares
Median Annual Property Tax
ZIP 98862
0.70%
Effective rate
Washington Avg
0.77%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Washington
Lower than 70% of ZIP codes in Washington(30th percentile, 538 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 98862
Property owners in ZIP code 98862 (Winthrop, Washington) pay a median of $4,855/year in property taxes on homes valued at $694,800. This translates to an effective tax rate of 0.70%, which is 9% below the Washington state average of 0.77%.
The monthly property tax burden for a median-valued home in 98862 is approximately $405, which factors into escrow payments on mortgages. This ZIP code is located within Okanogan County. This is $1,263 more than the Washington average of $3,592/year.
Compared to similar ZIP codes in Washington, 98862 has lower property taxes. ZIP codes with similar effective rates include 98244 (0.70%) and 98264 (0.70%).
In Winthrop, property taxes represent approximately 8.1% of the median household income of $59,597, providing context for the relative tax burden on homeowners in this area.
Washington has no state income tax and does not reassess property at sale — your assessed value remains stable until you undertake major improvements or the county schedules a revaluation cycle. Okanogan County provides a Senior/Disabled Exemption Program and Property Tax Reduction Program for income-qualified households — file applications with the Okanogan County Assessor by the annual deadline to reduce taxes. Request your property's assessed value details from the Okanogan County Assessor within 30 days of closing and confirm your eligibility for exemption programs before application deadlines close.
Frequently Asked Questions
What is the property tax rate in ZIP code 98862?
How much are property taxes in Winthrop, WA (98862)?
How does ZIP 98862 compare to the Washington average?
What is the median home value in ZIP 98862?
What county is ZIP code 98862 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$719. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 98862 is part of Okanogan County, Washington. View the full county profile for broader context and more data.
View Okanogan County on TaxByCounty →Why compare these ZIPs?
Better comparison set for ZIP 98862
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
98833
Mazama, WA
0.21 percentage points lower than ZIP 98862.
Rate
0.49%
Tax
$2,934
Quality
76
98814
Carlton, WA
0.16 percentage points lower than ZIP 98862.
Rate
0.54%
Tax
$2,770
Quality
80
99155
Nespelem, WA
0.06 percentage points lower than ZIP 98862.
Rate
0.64%
Tax
$871
Quality
80
98841
Omak, WA
0.03 percentage points lower than ZIP 98862.
Rate
0.67%
Tax
$1,924
Quality
91
98846
Pateros, WA
0.02 percentage points lower than ZIP 98862.
Rate
0.67%
Tax
$2,124
Quality
86
98855
Tonasket, WA
0.02 percentage points lower than ZIP 98862.
Rate
0.68%
Tax
$1,570
Quality
86
98004
Bellevue, WA
0.20 percentage points lower than ZIP 98862.
Rate
0.50%
Tax
$10,001
Quality
82
98039
Medina, WA
0.20 percentage points lower than ZIP 98862.
Rate
0.50%
Tax
$10,001
Quality
68
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.