Oregon, Ohio Property Taxes
The median property tax rate in Oregon, OH is 1.98%, considerably higher than both the national median of 0.99% and the Ohio state median of 1.80%. With the median home value in Oregon at $138,800, the typical annual property tax bill reaches $2,668, slightly below the national median of $2,690. Property taxes in Oregon are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Oregon'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 Oregon 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
Oregon, Ohio Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.98%
Estimate Property Tax Bill
$2,748
Ownwell’s Oregon Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Oregon with just two simple data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Oregon to provide an accurate estimate of your property tax bill. This valuable tool offers clear insights into potential tax liabilities, helping you make informed decisions. For those interested in more detailed trends at the neighborhood level, more localized information is available below. Your property’s assessed value is determined by the county for tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Oregon, Ohio
Property taxes in Oregon, Ohio, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Oregon is 1.98%, significantly higher than both the Ohio state median and the U.S. national median of 0.99%. Local government entities within Oregon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Oregon 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 Oregon's effective property tax rate to other counties in Ohio and the national median. For comparison, the 43619 zip code has the highest median property tax rate of 2.26%, while the 43616 zip code has the lowest median tax rate of 1.98%. Understanding how these cities compare with Oregon provides valuable insights into the varying tax landscape across Lucas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Oregon Tax Rate
1.98%
Average Lucas County Tax Rate
2.38%
Average Ohio Tax Rate
1.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oregon, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43613 | N/A | N/A | N/A | N/A | N/A |
| 43616 | 1.57% | 1.94% | 1.98% | 2.02% | 2.17% |
| 43618 | 1.01% | 1.71% | 2.16% | 2.26% | 2.33% |
| 43619 | 2.26% | 2.26% | 2.26% | 2.26% | 2.26% |
Source: Ownwell
Property Tax Assessment Values Across Oregon, Ohio
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Oregon, Ohio. 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 Lucas 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 Oregon, 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. For instance, the highest median tax bill in Oregon is $5,764 in the 43619 zip code, while the lowest is $2,667 in the 43616 zip code. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Oregon Assessed Value
$138,800
Average Lucas County Assessed Value
$95,600
Average Ohio Assessed Value
$133,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Oregon, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43613 | N/A | N/A | N/A | N/A | N/A |
| 43616 | $70,160 | $102,750 | $138,800 | $192,400 | $255,400 |
| 43618 | $44,190 | $96,525 | $250,350 | $386,425 | $406,810 |
| 43619 | $255,500 | $255,500 | $255,500 | $255,500 | $255,500 |
Source: Ownwell
Property Tax Bills Across Oregon, Ohio
In Oregon, Ohio, located in Lucas County, property tax bills are determined by considering the assessed value of a property and the tax rate set by local authorities. The assessed value is typically a percentage of the market value of the home. For instance, a median home price in Oregon is $138,800. Local tax rates are then applied to this assessed value to calculate the annual tax bill. Factors such as property location, improvements, and market conditions can influence the assessed value. Homeowners in Oregon can expect tax bills to vary significantly; for example, the 25th percentile tax bill is around $1,909, while the 75th percentile reaches up to $3,802. The highest median tax bill in the area is $5,764 in the 43619 zip code, while the lowest is $2,667 in the 43616 zip code. These variations highlight how property taxes can impact homeowners differently, depending on their specific circumstances and property characteristics.
Average Oregon Tax Bill
$2,668
Average Lucas County Tax Bill
$2,348
Average Ohio Tax Bill
$2,396
Average United States Tax Bill
$2,690
Property Tax Bills Across Oregon, Ohio
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 43613 | N/A | N/A | N/A | N/A | N/A |
| 43616 | $1,203 | $1,909 | $2,667 | $3,802 | $5,160 |
| 43618 | $931 | $2,251 | $5,668 | $8,474 | $8,695 |
| 43619 | $5,764 | $5,764 | $5,764 | $5,764 | $5,764 |
Source: Ownwell