
A Port of Seattle presentation slide explaining that King County homeowners pay property taxes based on assessed value, with the 2018 rate at 13.5 cents per $1,000, resulting in an estimated $69 Port tax for the median homeowner (median residence assessment: $509,000). A dual-axis line chart shows assessed value vs. the Port's millage rate from 2008 to 2018, with assessed value rising and millage rate declining over the period.Open full document
Notes
A Port of Seattle presentation slide explaining that King County homeowners pay property taxes based on assessed value, with the 2018 rate at 13.5 cents per $1,000, resulting in an estimated $69 Port tax for the median homeowner (median residence assessment: $509,000). A dual-axis line chart shows assessed value vs. the Port’s millage rate from 2008 to 2018, with assessed value rising and millage rate declining over the period.