Washington State’s Homestead Law – It is Amazing!
May 12, 2021, Washington State updated it’s homestead law. The homestead was increased from $125,000 to the median value of a single family home located in that county. This means that in 2022 individuals and their family can protect the net value of their home up to $838,600 in King County! In Pierce County, the amount that you can protect is $508,300. In both cases, those amounts protect a median valued home in those particular counties based upon the values of the previous year. Check out your county exemption below.
State of Washington and Counties Homestead Exemptions for 2022:
| Adams | $257,900 |
| Asotin | $250,800 |
| Benton | $378,200 |
| Chelan | $502,800 |
| Clallam | $420,600 |
| Clark | $481,600 |
| Columbia | $256,200 |
| Cowlitz | $362,100 |
| Douglas | $450,000 |
| Ferry | $229,200 |
| Franklin | $378,200 |
| Garfield | $250,800 |
| Grant | $311,700 |
| Grays Harbor | $309,900 |
| Island | $532,500 |
| Jefferson | $569,400 |
| King | $838,300 |
| Kitsap | $497,500 |
| Kittitas | $485,400 |
| Klickitat | $399,100 |
| Lewis | $364,300 |
| Lincoln | $215,600 |
| Mason | $378,300 |
| Okanogan | $309,000 |
| Pacific | $303,100 |
| Pend Oreille | $289,400 |
| Pierce | $508,300 |
| San Juan | $887,500 |
| Skagit | $499,500 |
| Skamania | $400,000 |
| Snohomish | $676,900 |
| Spokane | $390,200 |
| Stevens | $289,400 |
| Thurston | $460,500 |
| Wahkiakum | $393,700 |
| Walla Walla | $376,400 |
| Whatcom | $547,400 |
| Whitman | $355,900 |
| Yakima | $327,200 |
Washington Center for Real Estate Research / University of Washington
A Chapter 7, Chapter 11, or a Chapter 13 Bankruptcy may be just the thing you should be looking at to eliminate your debt while saving your family home.
Call 253-631-6484 to talk to your Homestead Bankruptcy Attorney today.
We can make your life easier and less stressful. I guarantee it.
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