Property tax revenue increased 1.6 percent to $9.3 billion in 2012, according to the Washington State Department of Revenue.
According to the report, $37 million of the $143 million increase over 2011 came from new construction added to the tax rolls. About 40 percent of property taxes result from voter-approved local levies and bonds and levy lid lifts for local taxing jurisdictions.
The average assessed value of a single-family residence statewide dropped from $243,998 to $229,908, and the average tax fell $10 to $2,708. Assessed values and taxes ranged from a high of $350,975 and $3,992 in King County to a low of $66,141 and $682 in Garfield County.
Additional information is available in Property Tax Statistics 2012, an annual report published at dor.wa.gov.
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