Island County ranks 5th for best use of property tax

Island County ranked fifth among Washington state counties when it comes to spending its property-tax dollars most effectively, according to a recent assessment by SmartAsset, a New York City-based analysis firm that analyzes complex financial matters including student loans, mortgages and refinancing.

Island County ranked fifth among Washington state counties when it comes to spending its property-tax dollars most effectively, according to a recent assessment by SmartAsset, a New York City-based analysis firm that analyzes complex financial matters including student loans, mortgages and refinancing.

The quality of the county’s schools, the crime rate and the property-tax rate all factored into the ranking, giving Island County an “overall value index” of 42.47. That trailed front-runner Ferry County, with 74.29, but outscored Benton County, with 34.15.

Washington state has 39 counties. Island County scored 1,536th among the nation’s 3,144 counties.

Island County got a school rating of 8.0 out of 10, calculated by comparing the average math and reading/language arts proficiencies for all its school districts. It got a rating of 1,927 in violent and property crimes per 100,000 people.

Island County’s median home value is $292,100, and its median annual property-tax payment is $2,319, giving it an average effective property-tax rate of 0.79 percent, SmartAsset said.

For more information, see https://smartasset.com/taxes/washington-property-tax-calculator?year=2016#mapa