Huntington, Oregon Property Taxes
The median property tax rate in Huntington, OR is 0.89%, which is slightly below the national median of 0.99% but higher than the Oregon state median of 0.86%. With a median home value of $129,750 in Huntington, the typical annual property tax bill amounts to $1,000, which is significantly lower than the national median of $2,690. Property taxes in Huntington are calculated based on the assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Huntington's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Huntington 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
Huntington, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$1,155
Ownwell’s Huntington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Huntington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Huntington 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 Huntington, Oregon
Property taxes in Huntington, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Huntington is 0.89%, slightly lower than the U.S. national median of 0.99%. Local government entities within Huntington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Huntington 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 Huntington's effective property tax rate to other areas in Oregon and the national median. For comparison, the zip code 97907 has both the highest and lowest median property tax rate of 0.89%, identical to Huntington's rate. Understanding how these areas compare with Huntington provides valuable insights into the varying tax landscape across Baker County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Huntington Tax Rate
0.89%
Average Baker County Tax Rate
0.80%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Huntington, Oregon
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97907 | 0.25% | 0.55% | 0.89% | 1.04% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Huntington, Oregon
In Huntington, 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 Baker 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 Huntington, 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. For example, the zip code 97907 has the highest median tax bill at $1,000, while the same zip code also reports the lowest median tax bill at $1,000. Being aware of these valuation processes in Huntington helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Huntington Assessed Value
$129,750
Average Baker County Assessed Value
$242,200
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Huntington, Oregon
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97907 | $47,892 | $77,045 | $129,750 | $211,270 | $439,682 |
Source: Ownwell
Property Tax Bills Across Huntington, Oregon
In Huntington, OR, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This value is often lower than the market value and takes into account factors such as the property's location, size, and condition. The tax rate is then applied to the assessed value to determine the annual tax bill. For homeowners in Huntington, the median home price is $129,750. Property tax bills can vary significantly, with the 25th percentile tax bill at $589 and the 75th percentile tax bill at $1,590. At the 90th percentile, homeowners might see tax bills up to $2,136. These variations can significantly impact a homeowner's budget, making it important to understand how assessed values and tax rates influence the final amount owed. Compared to the national median property tax rate of 0.99%, Huntington's property tax rates reflect the local economic conditions and property values, ensuring that tax bills are equitable and reflective of the community's needs.
Average Huntington Tax Bill
$1,000
Average Baker County Tax Bill
$1,787
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Huntington, Oregon
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
97907 | $337 | $589 | $1,000 | $1,590 | $2,136 |
Source: Ownwell