Property Details
Lake Stevens, Snohomish County median: $625,000
Lake Stevens, Snohomish County average: 0.950%
Washington Property Tax Note
Washington has no state income tax, so local governments rely more heavily on property taxes for revenue. Rates vary significantly between counties and cities.
Your Property Tax Estimate
Annual Tax
$5,938
Monthly Tax
$495
Effective Rate
0.950%
Tax at Different Price Points in Lake Stevens, Snohomish County
| Home Price | Annual Tax | Monthly Tax |
|---|---|---|
| $500,000 | $4,750 | $396 |
| $750,000 | $7,125 | $594 |
| $1,000,000 | $9,500 | $792 |
| $1,500,000 | $14,250 | $1,188 |
| $2,000,000 | $19,000 | $1,583 |
Based on 0.950% effective tax rate for Lake Stevens, Snohomish County.
Impact on Monthly Mortgage Payment
Property taxes are part of your total PITI (Principal, Interest, Taxes, Insurance) payment. Lenders include $495/month in your qualifying debt-to-income ratio.
Monthly Tax Escrow
$495
Annual Tax Bill
$5,938
Calculations are estimates for educational purposes only. Actual property taxes depend on your county assessor's valuation, local bond measures, Mello-Roos districts, and homeowner exemptions. Contact Mo Abdel at (949) 822-9662 for a personalized mortgage analysis. NMLS #1426884 | Lumin Lending NMLS #2716106.
Frequently Asked Questions
What is the property tax rate in Lake Stevens, Washington?
Lake Stevens is in Snohomish County, which has an average effective property tax rate of 0.95% for 2026. On Lake Stevens's median home value of $625,000, that equals approximately $5,938 per year or $495 per month.
How much are property taxes on a $625,000 home in Lake Stevens?
At the current effective rate of 0.95%, a home valued at $625,000 in Lake Stevens pays approximately $5,938 in annual property taxes. That breaks down to $495 per month added to your mortgage escrow payment.
Does Lake Stevens have Mello-Roos or special assessments?
Lake Stevens, Snohomish County does not have Mello-Roos (a California-specific program). However, Washington property taxes include special levies for schools, fire districts, library districts, and other local services that vary by location within the county.
How do Lake Stevens property taxes affect mortgage qualification?
Lenders include property taxes in your total PITI payment when calculating debt-to-income ratios. In Lake Stevens, the estimated $495/month tax escrow on a median-priced home directly reduces the loan amount you qualify for. Mo Abdel can help you factor in property taxes when comparing loan programs.
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