Dillard, Oregon Property Taxes
The median property tax rate in Dillard, OR is 0.71%, which is lower than both the national median of 0.99% and the Oregon state median of 0.86%. With the median home value in Dillard, the typical annual property tax bill reaches $939, significantly below the national median of $2,690. Property taxes in Dillard 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 Dillard'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 Dillard 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
Dillard, 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 Dillard Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dillard with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dillard 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 Dillard, Oregon
Property taxes in Dillard, Oregon, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Dillard is 0.71%, which is lower than the U.S. national median of 0.99%. Local government entities within Dillard set these rates annually, and they can vary across different neighborhoods. Each year, Dillard 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 Dillard's effective property tax rate to other areas in Oregon and the national median. For comparison, the zip code 97432 has both the highest and lowest median property tax rate in the county, standing at 0.71%. Understanding how these areas compare with Dillard 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 Dillard Tax Rate
0.71%
Average Douglas County Tax Rate
0.66%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dillard, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97432 | 0.52% | 0.60% | 0.71% | 0.76% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Dillard, Oregon
In Dillard, 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 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 Dillard, 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 example, the highest and lowest median tax bills in Dillard are both $939, found in the zip code 97432. 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 Dillard helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dillard Assessed Value
$140,075
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 Dillard, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97432 | $33,200 | $86,002 | $140,075 | $182,397 | $229,605 |
Source: Ownwell
Property Tax Bills Across Dillard, Oregon
In Dillard, property tax bills are calculated based on the assessed value of the property, which is determined by the Douglas County Assessor's office. The assessed value is typically a percentage of the market value of the home. The median home price in Dillard is $140,075, which serves as a benchmark for determining tax bills. The property tax rate in this area is applied to the assessed value to calculate the final tax bill. Homeowners in Dillard can expect tax bills to range significantly. At the 25th percentile, the tax bill is around $533, while at the 75th percentile, it can be as high as $1,252. For those at the 90th percentile, the tax bill could reach up to $1,538. This variation is influenced by factors such as property size, location, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Dillard's property tax bills reflect a diverse range of financial obligations for homeowners, impacting their annual budgeting and financial planning.
Average Dillard Tax Bill
$939
Average Douglas County Tax Bill
$1,430
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across Dillard, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97432 | $261 | $533 | $939 | $1,252 | $1,538 |
Source: Ownwell