Boardman, Oregon Property Taxes
The median property tax rate in Boardman, OR is 0.90%, slightly below the national median of 0.99% but higher than the Oregon state median of 0.86%. With the median home value in Boardman at $247,600, the typical annual property tax bill amounts to $2,066, which is lower than the national median of $2,690. Property taxes in Boardman are calculated based on the assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Boardman'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 Boardman 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
Boardman, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$2,228
Ownwell’s Boardman Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Boardman with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Boardman 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 Boardman, Oregon
Property taxes in Boardman, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Boardman is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Boardman set these rates annually, and they can vary significantly across different neighborhoods. Each year, Boardman 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 Boardman's effective property tax rate to other areas in Oregon and the national median. For comparison, the zip code 97818 has both the highest and lowest median property tax rate of 0.90%. Understanding how these areas compare with Boardman provides valuable insights into the varying tax landscape across Morrow County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Boardman Tax Rate
0.90%
Average Morrow County Tax Rate
0.82%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Boardman, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97818 | 0.39% | 0.60% | 0.90% | 1.02% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Boardman, Oregon
In Boardman, 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 Morrow 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 Boardman, 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 Boardman helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Boardman both stand at $2,066, specifically in the zip code 97818.
Average Boardman Assessed Value
$247,600
Average Morrow County Assessed Value
$224,380
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Boardman, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97818 | $62,140 | $168,638 | $247,600 | $354,840 | $486,495 |
Source: Ownwell
Property Tax Bills Across Boardman, Oregon
In Boardman, located in Morrow County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to calculate the annual tax bill. The median home price in Boardman is $247,600, and the property tax rate aligns closely with the national median rate of 0.99%. Several factors influence the tax bill, including the property's location, size, and any improvements made. Homeowners in Boardman can expect a tax bill that varies significantly, with the 25th percentile at $1,096 and the 75th percentile reaching $2,865. For those at the 90th percentile, the tax bill can be as high as $3,702. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Understanding these factors can help homeowners better anticipate their financial responsibilities and the benefits they receive in return.
Average Boardman Tax Bill
$2,066
Average Morrow County Tax Bill
$1,844
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Boardman, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97818 | $384 | $1,096 | $2,066 | $2,865 | $3,702 |
Source: Ownwell