Home
/US Property Taxes
/Washington
/King County
/Fall City

Fall City, King County, Washington Property Taxes

$774 avg. annual savings
No Upfront Costs
You only pay if we save

Property Taxes in Fall City, Washington

  • Median Fall City, Washington effective property tax rate: 1.09%, significantly higher than the national median of 1.02%, and higher than the Washington state median of 0.92%.

  • Median Fall City, Washington home value: $967,500

  • Median annual Fall City, Washington tax bill: $10,329, $7,929 higher than the national median property tax bill of $2,400.

How are property taxes in King calculated?

Property taxes in Fall City, Washington are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Fall City's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fall City, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Fall City, King County, Washington Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.09%

Estimate Property Tax Bill

$10,546

$9,786

SAVE WITH OWNWELL

$774

Average Annual Tax Savings

How Does the Fall City Property Tax Calculator Work?

Use this Fall City property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies Fall City's median effective tax rate of 1.09% — based on actual property records in King County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Fall City's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Your bill may vary by ZIP code within Fall City: rates range from 1.09% in 98024 to 1.09% in 98024, primarily due to differences in school district levies and local assessment districts.

If your estimate is higher than expected, Ownwell can appeal your Fall City assessment — you only pay if we save you money.

About Fall City Property Taxes

About Property Taxes in Fall City, King, Washington

Fall City's median effective property tax rate of 1.09% is lower than the Washington state median of 0.92% and higher than the national median of 1.02%. This rate reflects the King County base levy combined with local school district levies and local improvement districts that vary by subdivision throughout the city.

Property tax rates are not uniform across Fall City. Homeowners in the 98024 ZIP code carry a median effective rate of 1.09%, while those in the lowest ZIP code also pay 1.09%. This spread reflects how school district boundaries and local assessment districts are drawn across King County. Understanding which part of Fall City you live in can make a meaningful difference to your annual tax bill.

Fall City homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the July deadline each year.

If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.

Property Tax Rates Across Fall City, King County, Washington

As noted earlier, local government entities set tax rates, which can vary widely within a state.

Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.

While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Fall City’s effective property tax rate to other cities in Washington and the median property tax rates in Washington and the U.S.

Property Tax Rates Across Fall City, King County, Washington

Source: Ownwell

0.63%

0.93%

1.24%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Fall City Tax Rate

1.09%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective King County Tax Rate

0.99%

Median Effective Washington Tax Rate

0.92%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fall City, King County, Washington

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
980240.98%1.08%1.09%1.11%1.14%

Source: Ownwell

Property Tax Assessment Values Across Fall City, King County, Washington

When examining property taxes in Fall City, Washington, understanding the distinction between "market value" and "assessed value" is crucial.

The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The King County appraisal district estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In King County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of July.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Fall City.

For example, the median home price in Fall City is $967,500, with tax bills ranging significantly across the county. 98024 has the highest median home price at $967,500.

Property Tax Assessment Values Across Fall City, King County, Washington

Source: Ownwell

$275,000

$3,858,750

$7,442,500

Median Fall City Market Value

$967,500

Median King County Market Value

$774,000

Median Washington Market Value

$501,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fall City, King County, Washington

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
98024$432,000$699,000$967,500$1,317,000$1,794,300

Source: Ownwell

Property Tax Bills Across Fall City, King County, Washington

Property tax bills in Fall City are calculated by applying the local tax rate to a home’s assessed value, which is based on market conditions and other factors used by the county. For a city with a median home price of $967,500, that assessment can lead to a substantial annual bill, especially when local levies are added. Homeowners in Fall City often see bills that vary widely, with the 25th percentile at $7,334, the 75th percentile at $14,100, and the 90th percentile at $18,727. That is well above the national median property tax bill of $2,400, showing how much local assessments can affect costs.

Ownwell helps homeowners lower property tax bills by reviewing assessed values, identifying potential overassessments, and handling the appeal process. If your home is taxed above what it should be, Ownwell can help you challenge the valuation and pursue savings.

Property Tax Bills Across Fall City, King County, Washington

Source: Ownwell

$2,643

$24,618

$46,592

Median Fall City Tax Bill

$10,329

Median King County Tax Bill

$7,644

Median Washington Tax Bill

$4,512

Median United States Tax Bill

$2,400

Property Tax Bills Across Fall City, King County, Washington

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
98024$3,389$7,334$10,329$14,100$18,727

Source: Ownwell

Don't miss the deadline to appeal!

Frequently Asked Property Tax Questions in Fall City, Washington

How are property taxes calculated in Fall City, Washington?
Property taxes in Fall City, Washington are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.
How do I appeal my property taxes in Fall City, Washington?
To appeal your property taxes in Fall City, Washington, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.
What property tax exemptions are available in Fall City, Washington?
Common property tax exemptions in Fall City, Washington include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.
When are property taxes due in Fall City, Washington?
Property tax deadlines in Fall City, Washington vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.
How can Ownwell help reduce my property taxes in Fall City, Washington?
Ownwell provides professional property tax appeal services in Fall City, Washington. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.