Stanfield, Oregon Property Taxes
The median property tax rate in Stanfield, OR is 1.00%, slightly above the national median of 0.99% and significantly higher than Oregon's state median of 0.86%. With a median home value of $175,060 in Stanfield, the typical annual property tax bill is $1,739, which is below the national median of $2,690. Property taxes in Stanfield are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Stanfield'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 Stanfield or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stanfield, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$1,751
Ownwell’s Stanfield Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stanfield with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stanfield 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 Stanfield, Oregon
Property taxes in Stanfield, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stanfield is 1.00%, slightly higher than the U.S. national median of 0.99%. Local government entities within Stanfield set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stanfield 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 Stanfield's effective property tax rate to other areas in Umatilla County and the national median. For comparison, the zip code 97875 has both the highest and lowest median property tax rate of 1.00%. Understanding how these areas compare with Stanfield provides valuable insights into the varying tax landscape across Umatilla County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stanfield Tax Rate
1.00%
Average Umatilla County Tax Rate
1.10%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stanfield, Oregon
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97875 | 0.44% | 0.73% | 1.00% | 1.14% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Stanfield, Oregon
In Stanfield, 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 Umatilla 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 Stanfield, 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 Stanfield helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Stanfield, the highest and lowest median tax bills are both $1,739, found in the zip code 97875. This is in contrast to the national median property tax rate of 0.99%.
Average Stanfield Assessed Value
$175,060
Average Umatilla County Assessed Value
$206,880
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stanfield, Oregon
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97875 | $73,800 | $118,495 | $175,060 | $285,865 | $421,330 |
Source: Ownwell
Property Tax Bills Across Stanfield, Oregon
In Stanfield, located in Umatilla County, OR, property tax bills are determined based on the assessed value of a home rather than its market value. The assessed value is typically a percentage of the market value, which is determined by the county assessor's office. This assessed value is then multiplied by the local property tax rate to calculate the annual tax bill. Several factors influence the assessed value, including the size and age of the property, improvements made, and comparable property values in the area. For instance, the median home price in Stanfield is $175,060. Homeowners in the 25th percentile can expect to pay around $1,178 in property taxes, while those in the 75th percentile might see a bill of approximately $2,413. The 90th percentile tax bill can go up to $3,291. These property taxes fund local services such as schools, police, and infrastructure, directly affecting the quality of life for homeowners. By understanding these factors, homeowners can better anticipate their annual property tax obligations.
Average Stanfield Tax Bill
$1,739
Average Umatilla County Tax Bill
$2,157
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Stanfield, Oregon
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97875 | $723 | $1,178 | $1,739 | $2,413 | $3,291 |
Source: Ownwell