Taxes in Olympia, Washington
Complete tax guide for Olympia, WA. No state income tax, 0.9% property tax, 9% sales tax. Calculate your total tax burden.
State Income Tax
None
Washington
Property Tax
0.9%
Effective rate
Sales Tax
9%
Combined rate
Tax Burden
Moderate
Olympia, WA Tax Overview
State capital; no state income tax
Population
55,605
Median Income
$62,018
Cost of Living
108.5 (100 = avg)
State Income Tax
None
Median Home Price
$395,000
Olympia Tax Calculator
Pre-filled with Olympia median: $62,018
Total Tax Burden in Olympia
$10,148
Take-Home: $51,870 · Effective Rate: 16.36%
Federal Tax
$5,404
8.71% eff.
WA State
$0
0.00% eff.
FICA
$4,744
7.65% eff.
Take-Home
$51,870
83.64% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $62,018.00 | $5,168.17 |
| Federal Income Tax | -$5,403.66 | -$450.31 |
| Washington State Tax | $0.00 | $0.00 |
| Social Security (6.2%) | -$3,845.12 | -$320.43 |
| Medicare (1.45%) | -$899.26 | -$74.94 |
| Take-Home Pay | $51,869.96 | $4,322.50 |
Property Tax in Olympia
Median Home
$395,000
Annual Tax
$3,555
Monthly Tax
$296
Effective Rate
0.9%
Sales Tax in Olympia
Combined Rate
9%
State Portion
~6.5%
Local Portion
~2.5%
The combined sales tax rate in Olympia is 9%, which is above the national average of 7.12%. On a $100 purchase, you would pay $9.00 in sales tax.
Tax Burden Comparison
| Tax Type | Olympia | Washington Avg | National Avg |
|---|---|---|---|
| Income Tax | None | None | 4.6% |
| Property Tax | 0.9% | ~0.9% | 1.1% |
| Sales Tax | 9% | ~9% | 7.12% |
| Overall Burden | Moderate | — | Moderate |
Tax Saving Tips for Olympia 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 Olympia (0.9%) 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 9% 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.
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LowCalculate 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 Olympia, WA?
Olympia, Washington has no state income tax. The property tax rate is 0.9% and the combined sales tax rate is 9%. State capital; no state income tax
How much is property tax in Olympia?
The effective property tax rate in Olympia is 0.9%. On the median home price of $395,000, this equals approximately $3,555 per year or $296 per month. This is below the national average of 1.1%.
What is the sales tax rate in Olympia?
The combined sales tax rate in Olympia is 9%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does Olympia's tax burden compare to other cities?
Olympia has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 27.4%. The absence of state income tax significantly reduces the overall burden. Cost of living index is 108.5 (100 = national average).
Are there any local taxes in Olympia?
Olympia 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). State capital; no state income tax