New legislation usurps the voice of the people Property value with the recent 2.5 percent property tax increase for 2022 passedīy the council will most likely continue to erode the purchasing power for all SnohomishĬounty residents who are experiencing a 40-year high inflation. In the adoptedīudget, was a 2.5 percent property tax increase for 2022. Million more than the previous budget of which $143 million of the increase wasĪttributed to federal and state revenue related to pandemic relief. The adopted $1.25 billion 2022 county budget, was $200 Source: Snohomish County Property Tax Distribution Dashboard. The county is now collecting a record $1.493 billion in Snohomish saw the highest increase in assessed property value this year rangingįrom 10.62% to 12.2%.
Schoolĭistricts such as Northshore, Granite Falls, Sultan, Marysville, Lake Stevens, and The increase was 6.45 % to $125 billion – an 18.3% increase since 2019. The index for all items less food and energy increased 5.3 percentĪssessment values for 2021 by the Snohomish County Assessor Office, residentialĪssessed values were increased 11.13% to approximately $139 billion and in 2020 Prices rose 25.8 percent, largely the result of an increase in the price of Increases in at least 13 years in the respective series.”įor October, the Seattle-Bellevue area over the last 12 Months, while the energy index rose 33.3 percent over the last year, and theįood index increased 6.1 percent. Index for all items less food and energy rose 4.9 percent over the last 12 Were among the larger contributors,” according to the report. Indexes for gasoline, shelter, food, used cars and trucks, and new vehicles
Index Summary, American’s saw a 0.8 percent increase in consumer goods in NovemberĪfter a 0.9 percent increase the month earlier, marking it the fastest increase Bureau of Labor Statistics 12-month Consumer Price Household cost to Snohomish County residents who are currently experiencing a 40-year high inflation rate The proposed 0.1% sales tax would equate to a $72 per year per The eroding buying power of the Snohomish County resident However, the average assessed value for 2021 by the Snohomish County Assessor’s Office is $485,300. According to as of date of this article, the median listing home price for Snohomish County is $650,000 with a median sold home price at $655,000. The maximum sales tax in any California city is currently 10.5 percent Oregon has a zero percent sales tax.Īccording to a county press release, if adopted on December 15, just 14 days after the initial announcement of the ordinance, this would raise approximately $116.5 million over five years (by 2026) staring April 1, 2022, for investments in 300 affordable housing units – this equates to approximately $388,333 per unit. If adopted, some Snohomish County cities would have the highest sales tax not only in Washington state but in the entire West Coast at 10.6 percent.
SNOHOMISH COUNTY, Wash., Decem– Just weeks after the Snohomish County Council approved its $1.25 billion 2022 budget on November 9, County Executive Dave Somers along with County Council Chair Stephanie Wright and County Council Vice Chair Megan Dunn propose a county-wide 0.1% sales tax for affordable housing programs.