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Thurston County Real Estate Tax Assessments – How Taxes are Calculated and New 2020 Exemptions for Tax Relief

Every February, right around Valentine’s Day, Thurston County homeowners will receive in the mail a small postcard from the Assessor’s office with your new property tax assessment for the year.
 
Most homeowners have their mortgage set up where the mortgage company collects property taxes in each monthly payment and then makes the twice-annual tax payments to Thurston County.  The postcard you receive in the mail this month is NOT a bill.  If you do not have a mortgage or you have a mortgage where you pay the property taxes on your own, then you will receive a bill.
 
How are my property taxes calculated?
 
To learn more about how your property taxes are calculated, click here for a post I wrote about the assessment process.   This also answers the question of why your property taxes go up and even can go down.
 

 
What are the requirements to apply for a property tax exemption?
 
To apply for a property tax exemption, there are three requirements that must be met:
 
You must be 61 years or older, or Disabled and unable to get employment (no age requirement), or a Veteran with an 80% or greater service-connected disability rating, and Be the owner of and occupy the property more ... more

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