The state of Washington's Q1 property tax revenue up 217.3 percent from previous quarter

Adobe Stock

By Evergreen Reporter

Dec 3, 2021

Washington collected $1.9 billion in property taxes during the first quarter of 2021, a 217.3 percent increase over the fourth quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Fourth-quarter property tax revenue was $595 million.

Overall, Washington collected $8.4 billion in combined tax revenues in the first quarter.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q1 Washington Tax Collections