Warren, Oregon Property Taxes
The median property tax rate in Warren, OR is 0.70%, lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Warren at $650,080, the typical annual property tax bill reaches $4,493, significantly higher than the national median of $2,690. Property taxes in Warren 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 Warren'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 Warren 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
Warren, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$4,551
Ownwell’s Warren Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Warren with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Warren 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 Warren, Oregon
Property taxes in Warren, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Warren stands at 0.70%, which is lower than the U.S. national median of 0.99%. Local government entities within Warren set these rates annually, and they can vary significantly across different neighborhoods. Each year, Warren 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 Warren's effective property tax rate to other counties in Oregon and the national median. For comparison, the 97053 zip code has both the highest and lowest median property tax rate of 0.70%. Understanding how these cities compare with Warren provides valuable insights into the varying tax landscape across Columbia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Warren Tax Rate
0.70%
Average Columbia County Tax Rate
0.75%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Warren, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97053 | 0.54% | 0.62% | 0.70% | 0.76% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Warren, Oregon
In Warren, 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 Columbia 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 Warren, 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 Warren helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Warren are both $4,493, found in the 97053 zip code.
Average Warren Assessed Value
$650,080
Average Columbia County Assessed Value
$443,380
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Warren, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97053 | $412,550 | $499,240 | $650,080 | $809,170 | $966,180 |
Source: Ownwell
Property Tax Bills Across Warren, Oregon
In Warren, Columbia County, OR, property tax bills are calculated based on the assessed value of the home, not its market value. The assessed value is determined by the county assessor and is typically lower than the market value. Homeowners in Warren face property tax rates that are influenced by local government budgets, school funding, and public services. The median home price in Warren is $650,080, and property tax bills vary significantly. For example, the 25th percentile tax bill is $3,292, while the 75th percentile tax bill is $5,667. The 90th percentile tax bill rises to $6,892. Comparatively, the national median property tax rate is 0.99%, showing that Warren's rates can be substantial, impacting homeowners' finances significantly. The highest and lowest median tax bills in the area are both $4,493, indicating some consistency within the zip code 97053. These property taxes fund essential services like schools, roads, and emergency services, thus playing a crucial role in maintaining community infrastructure and quality of life.
Average Warren Tax Bill
$4,493
Average Columbia County Tax Bill
$3,263
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Warren, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97053 | $2,605 | $3,292 | $4,493 | $5,667 | $6,892 |
Source: Ownwell