Tiller, Oregon Property Taxes
The median property tax rate in Tiller, OR is 0.54%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Tiller, the typical annual property tax bill reaches $542, well below the national median of $2,690. Property taxes in Tiller are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Tiller's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Tiller or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tiller, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.54%
Estimate Property Tax Bill
$662
Ownwell’s Tiller Property Tax Bill Calculator provides homeowners, real estate investors, and potential buyers with an easy way to estimate their annual property taxes in Tiller using just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tiller to estimate your property tax bill. This valuable tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Tiller, Oregon
Property taxes in Tiller, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tiller is 0.54%, which is significantly lower than both the Oregon state median and the U.S. national median of 0.99%. Local government entities within Tiller set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tiller estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Tiller's effective property tax rate to other areas in Douglas County and the national median. For comparison, the area with the highest median property tax rate in Douglas County is 97484, with a rate of 0.54%, while the area with the lowest median tax rate is also 97484, with the same rate of 0.54%. Understanding how these areas compare with Tiller provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tiller Tax Rate
0.54%
Average Douglas County Tax Rate
0.66%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tiller, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97484 | 0.33% | 0.42% | 0.54% | 0.68% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Tiller, Oregon
In Tiller, Oregon, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Douglas County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Tiller, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Tiller helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Tiller, the highest median tax bill is $542.00, found in the zip code 97484. This awareness can help homeowners in this area anticipate their annual tax obligations and explore potential savings.
Average Tiller Assessed Value
$122,522
Average Douglas County Assessed Value
$222,242
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tiller, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97484 | $6,296 | $28,588 | $122,522 | $265,276 | $349,436 |
Source: Ownwell
Property Tax Bills Across Tiller, Oregon
In Tiller, located in Douglas County, OR, property tax bills are calculated based on the assessed value of a property rather than its market value. This assessed value is determined by the county assessor and is influenced by factors such as property size, location, and any improvements made. The tax rate is then applied to this assessed value to determine the annual tax bill. For homeowners in Tiller, the median property tax bill is $542, which is significantly lower than the national median property tax rate of 0.99%. Tax bills can vary widely, with the 25th percentile at $156 and the 75th percentile at $1,233. At the higher end, the 90th percentile tax bill reaches $1,838. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Lower property taxes in Tiller can be a financial relief for homeowners, making it an attractive location for those looking to manage their expenses effectively.
Average Tiller Tax Bill
$542
Average Douglas County Tax Bill
$1,430
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Tiller, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97484 | $53 | $156 | $542 | $1,233 | $1,838 |
Source: Ownwell