HOW CAN HOMES THAT ARE VALUED THE SAME PAY DIFFERENT TAX AMOUNTS?
Taxes can vary greatly depending on the levy rate in the area in which that property is located. There are over 100 different levy rates within Pierce County ranging from approximately $9.00 to $19.00 per thousand dollars of assessed value. Example: Take two homes valued at $100,000 each and apply a hypothetical levy rate of $9 and $19 per thousand dollars of value to each home. The resulting tax amounts are very different. 100,000 X .001=100 X $9 LEVY RATE = $900 100,000 X .
