$LevyIO

Taxes in Lake Stevens, Washington

Complete tax guide for Lake Stevens, WA. No state income tax, 0.99% property tax, 8.2% sales tax. Calculate your total tax burden.

State Income Tax

None

Washington

Property Tax

0.99%

Effective rate

Sales Tax

8.2%

Combined rate

Tax Burden

Low

Lake Stevens, WA Tax Overview

No state income tax; higher sales and B&O taxes

Population

41,120

Median Income

$82,400

Cost of Living

117.5 (100 = avg)

State Income Tax

None

Median Home Price

$542,000

Lake Stevens Tax Calculator

Pre-filled with Lake Stevens median: $82,400

Total Tax Burden in Lake Stevens

$16,046

Take-Home: $66,354 · Effective Rate: 19.47%

Federal Tax

$9,742

11.82% eff.

WA State

$0

0.00% eff.

FICA

$6,304

7.65% eff.

Take-Home

$66,354

80.53% kept

Tax Breakdown

Take-Home 80.53%
Federal
FICA
Take-Home Federal Tax FICA
ItemAnnualMonthly
Gross Income$82,400.00$6,866.67
Federal Income Tax-$9,742.00-$811.83
Washington State Tax$0.00$0.00
Social Security (6.2%)-$5,108.80-$425.73
Medicare (1.45%)-$1,194.80-$99.57
Take-Home Pay$66,354.40$5,529.53

Property Tax in Lake Stevens

Median Home

$542,000

Annual Tax

$5,366

Monthly Tax

$447

Effective Rate

0.99%

vs. National Average (1.1%)$-596/yr
Median Property Tax Paid$5,366/yr

Sales Tax in Lake Stevens

Combined Rate

8.2%

State Portion

~5.7%

Local Portion

~2.5%

The combined sales tax rate in Lake Stevens is 8.2%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.20 in sales tax.

Tax Burden Comparison

Tax TypeLake StevensWashington AvgNational Avg
Income TaxNoneNone4.6%
Property Tax0.99%~0.99%1.1%
Sales Tax8.2%~8.2%7.12%
Overall BurdenLowModerate

Tax Saving Tips for Lake Stevens Residents

  • Washington has no state income tax, meaning your income is only subject to federal taxes and FICA. Consider investing your tax savings into a Roth IRA for tax-free growth.
  • Property tax in Lake Stevens (0.99%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
  • The combined sales tax rate of 8.2% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full Washington Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Lake Stevens, WA?

Lake Stevens, Washington has no state income tax. The property tax rate is 0.99% and the combined sales tax rate is 8.2%. No state income tax; higher sales and B&O taxes

How much is property tax in Lake Stevens?

The effective property tax rate in Lake Stevens is 0.99%. On the median home price of $542,000, this equals approximately $5,366 per year or $447 per month. This is below the national average of 1.1%.

What is the sales tax rate in Lake Stevens?

The combined sales tax rate in Lake Stevens is 8.2%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

How does Lake Stevens's tax burden compare to other cities?

Lake Stevens has a low overall tax burden. The effective total tax rate for a median-income household is approximately 24.2%. The absence of state income tax significantly reduces the overall burden. Cost of living index is 117.5 (100 = national average).

Are there any local taxes in Lake Stevens?

Lake Stevens does not impose a separate local or city income tax. Residents pay no state income tax, federal income tax, and FICA (Social Security and Medicare). No state income tax; higher sales and B&O taxes