Curtin, Oregon Property Taxes
The median property tax rate in Curtin, OR is 0.46%, significantly lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Curtin at $36,698, the typical annual property tax bill is $150, which is far below the national median of $2,690. Property taxes in Curtin are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Curtin’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 Curtin 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
Curtin, Oregon Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.46%
Estimate Property Tax Bill
$169
Ownwell’s Curtin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Curtin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Curtin 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 Curtin, Oregon
Property taxes in Curtin, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Curtin is 0.46%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Curtin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Curtin 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. Understanding how Curtin's effective property tax rate compares to other areas provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Curtin Tax Rate
0.46%
Average Douglas County Tax Rate
0.66%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Curtin, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97424 | 0.31% | 0.36% | 0.46% | 0.60% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Curtin, Oregon
In Curtin, 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 Douglas 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 Curtin, 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 Curtin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Curtin is $36,698. The zip code with the highest median tax bill is 97424, with a median tax bill of $150. The zip code with the lowest median tax bill is also 97424, with a median tax bill of $150.
Average Curtin Assessed Value
$36,698
Average Douglas County Assessed Value
$222,242
Average Oregon Assessed Value
$438,140
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Curtin, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97424 | $4,999 | $20,153 | $36,698 | $49,764 | $178,579 |
Source: Ownwell
Property Tax Bills Across Curtin, Oregon
In Curtin, located in Douglas County, OR, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The median home price in Curtin is $36,698. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Various factors influence the assessed value, including the property's location, size, and condition. For homeowners in Curtin, the property tax can vary significantly. For instance, the 25th percentile tax bill is $116, while the 75th percentile tax bill is $193. At the higher end, the 90th percentile tax bill reaches $578. These variations highlight how different factors can impact the final tax amount. Comparatively, Curtin's property tax rates are relatively modest when contrasted with the national median property tax rate of 0.99%. Understanding these calculations helps homeowners anticipate their annual tax obligations and manage their finances more effectively.
Average Curtin Tax Bill
$150
Average Douglas County Tax Bill
$1,430
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Curtin, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97424 | $57 | $116 | $150 | $193 | $578 |
Source: Ownwell