Paulina, Oregon Property Taxes
The median property tax rate in Paulina, OR is 0.24%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Paulina, the typical annual property tax bill reaches $5,309, which still exceeds the national median of $2,690. Property taxes in Paulina 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 Paulina'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 Paulina or another part of Grant County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Paulina, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.24%
Estimate Property Tax Bill
$5,347
Ownwell’s Paulina Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Paulina with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Paulina to estimate your property tax bill. This insightful 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 Paulina, Oregon
Property taxes in Paulina, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Paulina is 0.24%, significantly lower than both the Oregon state median of 0.90% and the U.S. national median of 0.99%. Local government entities within Paulina set these rates annually, and they can vary significantly across different neighborhoods. Each year, Paulina 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 Paulina's effective property tax rate to other counties in Oregon and the national median. For comparison, the highest median property tax rate in Oregon is in zip code 97201 at 1.13%, while the lowest is in zip code 97759 at 0.56%. Understanding how these cities compare with Paulina provides valuable insights into the varying tax landscape across Grant County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Paulina Tax Rate
0.24%
Average Grant County Tax Rate
0.75%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Paulina, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97751 | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% |
Source: Ownwell
Property Tax Assessment Values Across Paulina, Oregon
In Paulina, 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 Grant County Appraisal District 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 Paulina, 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 Paulina helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Paulina both stand at $5309, with the zip code 97751 reflecting this value.
Average Paulina Assessed Value
$2,227,910
Average Grant County Assessed Value
$184,015
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Paulina, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97751 | $2,227,910 | $2,227,910 | $2,227,910 | $2,227,910 | $2,227,910 |
Source: Ownwell
Property Tax Bills Across Paulina, Oregon
In Paulina, located in Grant County, OR, property tax bills are calculated based on the assessed value of a home, not its market value. The assessed value is determined by the county assessor's office, which evaluates various factors such as the property's size, location, and condition. Once the assessed value is established, it is multiplied by the local tax rate to determine the final tax bill. For Paulina homeowners, the property tax rate is crucial. With a median home price of $2,227,910, the property tax bill consistently stands at $5,309, regardless of the property's value percentile. This uniform tax bill is notable when compared to the national median property tax rate of 0.99%. This tax structure can significantly affect homeowners by ensuring predictable tax bills, which aids in financial planning. However, it also means that even higher-valued properties are subjected to the same tax bill, potentially benefiting those with more expensive homes. This uniformity in property tax bills can be a double-edged sword, offering both predictability and potential disparities in tax burdens.
Average Paulina Tax Bill
$5,309
Average Grant County Tax Bill
$1,399
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Paulina, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97751 | $5,309 | $5,309 | $5,309 | $5,309 | $5,309 |
Source: Ownwell