How much are property taxes in Parkwood, WA?
Homeowners in Parkwood, WA pay a median of $3,492 (±$264) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $3,403.
Homes without a mortgage pay a median of $3,660.
That is about 0.8% of the median home value of $441,400.
In Parkwood, the median real estate tax went from $2,458 in 2015–2019 to $3,492 in 2020–2024 (+42.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median real estate taxes
- $3,492 (±$264)
- With a mortgage
- $3,403
- Without a mortgage
- $3,660
- Share of median value
- 0.8%
Real estate taxes in Parkwood against Kitsap County, its state and the nation
| Parkwood | Kitsap County | Washington | United States | |
|---|---|---|---|---|
| Median real estate taxes | $3,492 (±$264) | $4,279 (±$67) | $4,556 (±$16) | $3,119 |
| Homes with a mortgage | $3,403 (±$384) | $4,237 (±$80) | $4,665 (±$23) | $3,489 |
| Homes without a mortgage | $3,660 (±$296) | $4,397 (±$148) | $4,298 (±$33) | $2,576 |
| Median home value | $441,400 (±$16,922) | $555,100 (±$8,124) | $564,600 (±$1,940) | $332,700 |
In Parkwood, the median real estate tax is lower than in Kitsap County ($4,279).
It is also lower than in Washington ($4,556).
It is higher than the national figure ($3,119).
In Kitsap County, Parkwood ranks 18 of 22 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 249 of 462.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Taxes as a share of home value in Parkwood
The median tax ($3,492) is 0.8% of the median home value ($441,400).
Across Kitsap County the same ratio is 0.8%.
Across Washington it is 0.8%.
This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.
Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.
How property taxes in Parkwood have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $2,458 (±$125) | $3,492 (±$264) | +42.1% | Up after inflation |
| Median home value | $266,900 (±$17,181) | $441,400 (±$16,922) | +65.4% | Up after inflation |
| Median owner cost with a mortgage | $1,514 (±$138) | $1,944 (±$86) | +28.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near Parkwood
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Parkwood | — | $3,492 (±$264) | — |
| East Port Orchard | 0.8 mi | $3,081 (±$363) | Not measurably different |
| Port Orchard | 1.6 mi | $3,992 (±$270) | Higher |
| Bethel | 2.7 mi | $3,389 (±$292) | Not measurably different |
| Manchester | 3.3 mi | $3,529 (±$227) | Not measurably different |
| Navy Yard City | 3.3 mi | $2,761 (±$497) | Lower |
| Southworth | 3.5 mi | $5,307 (±$1,182) | Higher |
| Enetai | 4.2 mi | $4,102 (±$539) | Higher |
| Bremerton | 5.4 mi | $3,268 (±$139) | Not measurably different |
Nearby places with a measurably lower figure: Navy Yard City, WA ($2,761).
Nearby places with a measurably higher figure: Port Orchard, WA ($3,992), Southworth, WA ($5,307), Enetai, WA ($4,102).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Kitsap County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 12 | Port Orchard | $3,992 (±$270) |
| 13 | Indianola | $3,918 (±$180) |
| 14 | Tracyton | $3,631 (±$312) |
| 15 | Kingston | $3,571 (±$590) |
| 16 | Manchester | $3,529 (±$227) |
| 17 | Suquamish | $3,510 (±$195) |
| 18 | Parkwood | $3,492 (±$264) |
| 19 | Bethel | $3,389 (±$292) |
| 20 | Bremerton | $3,268 (±$139) |
| 21 | East Port Orchard | $3,081 (±$363) |
| 22 | Navy Yard City | $2,761 (±$497) |
Showing 11 of 22 places in Kitsap County, ranked from highest to lowest.
Parkwood is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Parkwood
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Parkwood beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Parkwood, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Parkwood, and send estimates and invoices from your phone.
Questions about Parkwood
How much are property taxes in Parkwood?
The median real estate tax paid by homeowners in Parkwood, WA is $3,492 (±$264) a year (2020–2024 American Community Survey).
What is the property tax rate in Parkwood?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.8% of the median home value in Parkwood, and the actual rate is set by the town, county and school district.
Have property taxes in Parkwood gone up?
In Parkwood, the median real estate tax went from $2,458 in 2015–2019 to $3,492 in 2020–2024 (+42.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Are property taxes in Parkwood higher than in Kitsap County?
In Parkwood, the median real estate tax is lower than in Kitsap County ($4,279).
It is also lower than in Washington ($4,556).
It is higher than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Parkwood CDP, Washington
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Parkwood CDP, Washington
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Parkwood CDP, Washington
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Parkwood CDP, Washington
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Parkwood CDP, Washington
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Parkwood CDP, Washington (place:53440, in state:53).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Parkwood at a glance
- Median rent in Parkwood
- Rent by bedrooms in Parkwood
- Rent burden in Parkwood
- Renters and owners in Parkwood
- Income and affordability in Parkwood
- Home values in Parkwood
- Homeowner costs in Parkwood
- Types of homes in Parkwood
- Bedrooms in Parkwood
- Age of homes in Parkwood
- Heating fuel in Parkwood
- Commute and cars in Parkwood
- Population growth in Parkwood
- How long people stay in Parkwood
- Crowding and facilities in Parkwood
- Washington landlord and tenant rules
- Housing across Kitsap County
- Washington places ranked by property taxes
- Housing data for every place in Washington