North Bend, Oregon Property Taxes
The median property tax rate in North Bend, OR is 0.76%, which is lower than both the national median of 0.99% and Oregon's state median of 0.86%. With a median home value of $256,024, the typical annual property tax bill in North Bend comes to around $1,922, significantly below the national median of $2,690. Property taxes in North Bend are determined based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. By understanding North Bend's property tax system and exploring available exemptions, homeowners and real estate investors can uncover opportunities for substantial annual savings. Whether residing in North Bend or investing in its real estate, gaining insights into the local property tax landscape can lead to financial benefits and more informed property decisions.
Last Updated June 14, 2024
North Bend, 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 North Bend Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in North Bend with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North Bend 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 Douglas County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across North Bend, Oregon
Property taxes in North Bend, Oregon, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in North Bend is 0.76%, which is lower than the U.S. national median of 0.99%. Local government entities within North Bend set these rates annually, and they can vary significantly across different neighborhoods. Each year, North Bend 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 North Bend's effective property tax rate to other counties in Oregon and the national median. For comparison, the 97459 zip code has the highest median property tax rate of 0.76%, while the 97459 zip code also has the lowest median tax rate of 0.76%. Understanding how these cities compare with North Bend 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 North Bend Tax Rate
0.76%
Average Douglas County Tax Rate
0.66%
Average Oregon Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across North Bend, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97459 | 0.60% | 0.66% | 0.76% | 0.91% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across North Bend, Oregon
In North Bend, 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 North Bend, 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 median home price in North Bend is $256,024, with tax bills ranging from $803 at the 25th percentile to $3,315 at the 90th percentile. The highest and lowest median tax bills are both $1,922 in the 97459 zip code. Being aware of these valuation processes in North Bend helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average North Bend Assessed Value
$256,024
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 North Bend, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97459 | $11,833 | $116,205 | $256,024 | $356,368 | $524,675 |
Source: Ownwell
Property Tax Bills Across North Bend, Oregon
In North Bend, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Several factors are considered in this assessment, including the property's location, size, and condition. Homeowners in North Bend can expect their property tax bills to fall within a range, with the 25th percentile at $803 and the 75th percentile reaching up to $2,849. The highest median tax bill in the area is $1,922, which is significantly lower than the national median property tax rate of 0.99%. These taxes are crucial for funding local services such as schools, emergency services, and infrastructure. For homeowners, understanding how these bills are calculated can provide insights into their annual financial obligations and the value they receive from local government services.
Average North Bend Tax Bill
$1,922
Average Douglas County Tax Bill
$1,430
Average Oregon Tax Bill
$3,628
Average United States Tax Bill
$2,690
Property Tax Bills Across North Bend, Oregon
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97459 | $105 | $803 | $1,922 | $2,849 | $3,315 |
Source: Ownwell