Gold Beach, Oregon Property Taxes
The median property tax rate in Gold Beach, OR is 0.59%, notably lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Gold Beach at $351,480, the typical annual property tax bill amounts to $1,979, significantly less than the national median of $2,690. Property taxes in Gold Beach are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Gold Beach'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 Gold Beach or another part of Curry County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Gold Beach, Oregon Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$1,720
Ownwell’s Gold Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gold Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gold Beach 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 Gold Beach, Oregon
Property taxes in Gold Beach, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gold Beach is 0.59%, which is lower than the U.S. national median of 0.99%. Local government entities within Gold Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gold Beach 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 Gold Beach's effective property tax rate to other counties in Oregon and the national median. For comparison, the 97444 zip code has the highest median property tax rate of 0.59%, while the same zip code also has the lowest median tax rate of 0.59%. Understanding how these cities compare with Gold Beach provides valuable insights into the varying tax landscape across Curry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gold Beach Tax Rate
0.59%
Average Curry County Tax Rate
0.48%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gold Beach, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97444 | 0.42% | 0.50% | 0.59% | 0.68% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Gold Beach, Oregon
In Gold Beach, 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 Curry 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 Gold Beach, 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 Gold Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Gold Beach are both $1979, found in the 97444 zip code. This is notably lower than the national median property tax rate of 0.99%, making it essential for property owners to stay informed and proactive.
Average Gold Beach Assessed Value
$351,480
Average Curry County Assessed Value
$352,065
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gold Beach, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97444 | $43,002 | $223,325 | $351,480 | $523,500 | $746,854 |
Source: Ownwell
Property Tax Bills Across Gold Beach, Oregon
In Gold Beach, Curry County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by local tax authorities. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For homeowners in Gold Beach, understanding how these bills are determined is crucial. The median home price in Gold Beach is $351,480, and property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $1,138, while at the 75th percentile, it is $3,126. At the 90th percentile, homeowners might see a tax bill as high as $4,592. These figures highlight the range of property tax burdens that residents might face. Compared to the national median property tax rate of 0.99%, Gold Beach's property tax bills reflect the unique local factors that influence assessments, such as property values and local government budgets. Homeowners need to be aware of these variables as they can impact overall housing affordability and financial planning.
Average Gold Beach Tax Bill
$1,979
Average Curry County Tax Bill
$1,626
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Gold Beach, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97444 | $318 | $1,138 | $1,979 | $3,126 | $4,592 |
Source: Ownwell