Spokane Property Tax Rates 2025: How They’re Calculated & What Homeowners Should Know
- Nick Briggs
- Aug 26
- 3 min read
Updated: Sep 29
Introduction
If you're a homeowner (or prospective homeowner) in Spokane, you’re probably wondering: How much will my 2025 property taxes be? and How do they get calculated? In this guide, I walk you step by step through the Spokane property tax rates system as of 2025—and what factors influence your bill. As a Spokane real estate agent, I’ve compiled this information to help you get clarity on what to expect. Please remember that this blog is just information I compiled from searching. Please consult a professional for advice.
How Are Spokane Property Tax Rates Calculated in 2025?
Understanding Assessed Value vs. Market Value
Spokane County assesses property annually, reflecting the previous year’s market trends.
Your assessed value is not the same as your market value—it may be adjusted or capped depending on exemptions and local laws.
You’ll receive an assessment notice from the County Assessor, typically in spring.
Breaking Down the Spokane Property Tax Rate
Spokane uses a levy rate, expressed in dollars per $1,000 of assessed value.
Rates are made up of overlapping taxing districts: city, county, EMS, schools, fire, and parks.
In 2025, Spokane County approved a 1% increase, which equals roughly $3 more for the average homeowner.
Step-by-Step: Calculating Your Spokane Property Tax Bill
Example (not legal or financial advice): If your assessed value is $400,000 and the levy rate is $12 per $1,000, your estimated tax would be $4,800 before exemptions.
Why Do Spokane Property Taxes Change From Year to Year?
District Budget Adjustments
Every taxing district submits a yearly budget. If more funding is needed, they may propose increases (often capped unless voter-approved).
Shifting Property Values Across Spokane
When Spokane’s total assessed property base grows, the rate needed to generate the same revenue can go down—or stay level—depending on district budgeting.
New Levies and Bonds
Voter-approved measures, like the 2025 Spokane park levy, can add to your property tax total, even if the general levy stays the same.
Exemptions and Relief Programs
Some property owners qualify for exemptions (seniors, veterans, etc.), but these must be applied for and updated with the assessor’s office.
Questions Spokane Homeowners Should Be Asking in 2025
✅ Is my assessed value fair compared to recent sales?
✅ Did my neighborhood vote on new special levies or bonds?
✅ Am I receiving the property tax exemptions I’m eligible for?
✅ Are my property taxes going up because of rates or value growth?
✅ Did I miss the deadline to appeal my assessed value?
Reminder: I am not providing legal or tax advice. For official guidance, always consult with a professional or the Spokane County Assessor.
Spokane Housing & Property Tax Stats (2025)
Median assessed value in Spokane: ~$354,000
Median 2025 property tax bill: ~$3,331
Estimated effective tax rate: ~0.93%
(Stats sourced from publicly available 2025 assessment data.)
Timeline: Spokane Property Tax Deadlines in 2025
🗓️ Spring (April–May): Assessment notices mailed
🗓️ Mid-Summer: Appeal deadline
🗓️ October 31: Final property tax payment due
🗓️ Year-End: Districts finalize budgets and levy proposals
Frequently Asked Questions (FAQs)
What are Spokane property tax rates made up of in 2025? They include city, county, fire, EMS, school, and parks levies. The total rate varies by tax district.
Do property tax rates differ across Spokane neighborhoods? Yes. Overlapping taxing jurisdictions mean rates vary—even within city limits.
Can Spokane property tax rates go down in 2025? If property values surge and budgets remain level, yes. But voter-approved measures and budget increases may counteract that.
About Me
My name is Nick Briggs
Being born and raised in Spokane I grew up knowing what a special place this city is, and it was my dream to help others create a life in this wonderful community by guiding them in real estate. I spent many years in the customer service industry, the experience of listening and communication showed me how much I truly loved helping people. I attended Gonzaga University and earned a Bachelor’s Degree in Business Administration to add to my knowledge of guiding, managing, negotiating, and listening to individuals, helping them achieve their real estate goals.
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