The Herald of Everett, Washington
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Published: Sunday, October 20, 2013, 12:01 a.m.

Snohomish County's biggest taxpayers

  • Two Boeing 787 Dreamliners sit outside the Everett assembly plant. Boeing is the biggest taxpayer in Snohomish County, with property assessed at $1.6 ...

    Michael O'Leary / The Herald, 2010

    Two Boeing 787 Dreamliners sit outside the Everett assembly plant. Boeing is the biggest taxpayer in Snohomish County, with property assessed at $1.6 billion.

  • Alderwood mall, whose owner is the fifth-biggest taxpayer in Snohomish County.

    The Herald, 2009

    Alderwood mall, whose owner is the fifth-biggest taxpayer in Snohomish County.

It won't exactly come as a surprise that the Boeing Co. is Snohomish County's largest taxpayer. The aerospace giant, after all, owns the world's largest building, by volume -- the big factory at Paine Field in Everett. Who rounds out the top 10? Telecommunications companies, a utility, real estate companies and retail heavyweights.

You know the retailers: Eight Fred Meyer stores comprise No. 5. Fred Meyer is owned by Cincinnati -based Kroger Co. And Alderwood mall is No. 7. It's owned by Chicago-based GGP.

The big real estate companies, however, aren't household names, unless they happen to own the roof over your head. Equity Residential (No. 4), a national real estate investment trust, owns large apartment complexes, mainly in Mill Creek and Bothell. Teachers Insurance & Annuity Association (No. 6), better known as TIAA-CREF, owns business parks in the Canyon Park area of Bothell.

Most of the taxes paid by the utilities and telecoms are related to business equipment, not real estate. Frontier Communications' total includes office buildings the company sold in November 2012.

Top Snohomish County taxpayers

Ranked by 2012 assessed property value.

TaxpayerType of businessAssessed valueWebsite
1. Boeing Co.Commercial aircraft$1,639,791,196http://www.boeing.com
2. Frontier CommunicationsTelecommunications$375,531,564http://www.frontier.com
3. Puget Sound EnergyGas and electric$223,035,636http://pse.com
4. Equity ResidentialReal estate$163,642,963http://www.equityapartments.com
5. Fred MeyerRetail$149,539,146http://www.fredmeyer.com
6. Teachers Insurance and Annuity AssociationReal estate$122,452,158https://www.tiaa-cref.org
7. GGP (Alderwood mall)Retail real estate$121,309,072http://www.alderwoodmall.com
8. Arden RealtyReal estate$120,647,500http://www.ardenrealty.com
9. T-Mobile USATelecommunications$106,360,347http://www.t-mobile.com
10. Essex Property TrustReal estate$97,210,840http://www.essexpropertytrust.com

SOURCE: Snohomish County Assessor

Story tags » Snohomish County governmentTaxes

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